Stock Market Update
14-Jan-25 12:10 ET
XOM, CVX underperform
Dow -82.54
at 42214.58,
Nasdaq -92.12
at 18995.98,
S&P -20.39
at 5819.45
[BRIEFING.COM] The major indices trade near session lows.
President-elect Trump is planning several executive orders to increase fossil fuel production and overturn tailpipe rules for autos, according to The Wall Street Journal. Energy-related stocks that may be impacted are underperforming today. Exxon Mobil (XOM 108.08, -1.21, -1.1%) and Chevron (CVX 154.99, -0.35, -0.2%) are standouts in that respect.
Some auto-related stocks that may be impacted are trading higher today like General Motors (GM 51.07, +1.14, +2.3%).
