Stock Market Update
07-May-25 10:35 ET
Crude oil futures slip
Dow +208.90
at 41037.04,
Nasdaq +95.22
at 17784.88,
S&P +28.10
at 5635.01
[BRIEFING.COM] The market continues to trade up.
Weekly EIA Crude Oil Inventories showed a draw of 1.11 million barrels after last week's draw of 2.7 million barrels. WTI crude oil futures are down 0.5% to $58.80/bbl.
The price action has impacted the S&P 500 energy sector, which trades 0.2% below yesterday's close.
