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MT Newswires102d agoneutral
Sector Update: Energy

Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index and the State Street E

Oil rises, stocks mixed on US-Iran deadlock
AFP102d agoneutral
Oil rises, stocks mixed on US-Iran deadlock

Global stock markets diverged while oil prices rose on Monday after US President Donald Trump rejected Iran's terms for ending the war in the Middle East.Beijing has said it is ready to work with Washington in pursuit of "more stability" as the two countries remain at odds over key issues including trade tariffs, the Middle East war and Taiwan.

Stocks Inch Lower. Inflation and Retail Sales Data Are on Tap.
Barrons.com102d agoneutral
Stocks Inch Lower. Inflation and Retail Sales Data Are on Tap.

Stocks are inching lower on Monday in anticipation of a pivotal week, with data on inflation and retail sales. The Dow was down 68 points, or 0.1%, while the S&P 500 was down 0.1%. Markets are awaiting an update on prices, especially gasoline when the consumer price index is released Tuesday morning.

Stellantis Stock Falls on China Concern. The Company Has a Plan for That.
Barrons.com102d agoneutral
Stellantis Stock Falls on China Concern. The Company Has a Plan for That.

Shares of Chrysler parent Stellantis fell early Monday after BofA downgraded shares to Sell from Hold, citing pressure from China. Stellantis has a plan to deal with that pressure. Monday, BofA downgraded shares of the auto maker due to competition from Chinese auto makers in Europe, according to Wall Street ratings aggregators.

Tesla Stock Is Starting a Run Higher. Thank China AI.
Barrons.com102d agoneutral
Tesla Stock Is Starting a Run Higher. Thank China AI.

FEATURE Tesla stock feels as if it is on the cusp of one of its hard-to-explain runs higher. Investors appear to be expecting more autonomous driving news. The shares were down 1.1% at $423.51 in premarket trading, while and futures were both down less than 0.

Markets Fall After Trump Slams Iran Peace Proposal. Stock Futures Slip, Oil Soars.
Barrons.com102d agobullish
Markets Fall After Trump Slams Iran Peace Proposal. Stock Futures Slip, Oil Soars.

Stocks looked set to slide on Monday after President Donald Trump blasted Iran’s response to a U.S. peace proposal, which drove up oil prices and made investors feel a little more on edge about the conflict in the Middle East. The Dow has missed out because the blue-chip index is weighted heavily toward banks and industrials and relatively light on tech, meaning it hasn’t benefited as much from a relentless rally in chip stocks. Investors were trimming their exposure to stocks after Trump slammed the response from Iran's negotiators to the latest U.S. proposal to end the war.