Showing posts with label energy. Show all posts
Showing posts with label energy. Show all posts

Thursday, May 26, 2011

Summary box: Stocks of energy shares higher lead (AP)

STOCK UP: Stocks more closed Wednesday for the first day this week as rising oil prices offset concerns over the global recovery. More high prices for copper, of money and other commodities raised business equipment and energy.

OIL-fuelled: oil rose nearly $2 to settle at $101.32 per barrel, pushing energy stocks higher. Cabot oil and gas Corp. led the S & P 500, rising 7 percent.

Indexes: the Dow Jones industrial average increased 38.45 points, or 0.3%, to 12,394.66. The standard & poor 500 index increased 4.19, or 0.3%, to 1,320.47. The Nasdaq composite increased 15.22, or 0.6%, to 2,761.38.

Tuesday, May 10, 2011

Summary box: energy, material stocks lead market

PRODUCTS: Products recovered some of their losses last week, helps energy and materials companies who have benefited from higher than the price materials profits first place oil and corn.

FINANCIALS DIP: Financial firms were the industrial group only in the fall. Citigroup fell by 2.7% on its first day of trading after a reverse split of one to ten which has considerably increased its prices part by reducing the number of available actions.

Indexes: the Dow Jones index has gained 46 points to close at 12,685. Index S & P 500 spent 6 to 1,346. The Nasdaq reached 16 2,843.