As we've watched many of the oil companies stock drop, Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) are also seeing current stock prices dropping today. The oil and gas industry as a whole is in a downtrend.
Exxon has seen a decline of 0.6 percent bringing it to $61.32. The Dow Jones Industrial Average is also down 31 points or 0.3 percent lower to 10,141. This downward trend is seen on the S&P 500 as well, losing 0.3 percent to 1,079. Seeing an increase is the Nasdaq Composite Index of 0.2 percent.
Crude oil futures fell below $74.00 a barrel causing a decline in energy stocks, as well as the Exxon decline Chevron also dropped 1 percent.
"People are seeing that the economy isn't booming, but it's also not getting worse," said Malcom Polly, chief investment officer at Stewart Capital Advisors. "That's why the confidence numbers are getting a little better. But actual spending still isn't strong enough where we can say that we'll get a traditional consumer led recovery."
Subscribe to:
Post Comments (Atom)
I realyappreciateyour post and you explain each and every point very well.Thanks for sharing this information.And I’ll love to read your next post too
ReplyDeleteWe would like to thank you again for the stunning ideas you offered Jeremy when preparing her own post-graduate research plus, most importantly, regarding providing all the ideas in a single blog post. Provided that we had been aware of your web-site a year ago, i’d have been kept from the needless measures we were selecting. Thank you very much.
ReplyDeleteAmazing! This blog looks exactly like my old
ReplyDeleteone! It's on a completely different topic but it has pretty much the same layout and design. Excellent choice of colors!
My web page : How To Become A Seo Specialist
I think the admin of this site is truly working hard for his web
ReplyDeletepage, since here every material is quality
based stuff.
Also visit my blog post ; make money blogging
I am regular visitor, how are you everybody? This piece
ReplyDeleteof writing posted at this web site is genuinely fastidious.
Here is my page :: california health insurance quotes
I every time used to study post in news papers but
ReplyDeletenow as I am a user of internet thus from now I am using net
for content, thanks to web.
My page :: stop smoking now
The other day, while I was at work, my sister stole my iphone and tested to see if it can survive a 40 foot drop, just so
ReplyDeleteshe can be a youtube sensation. My apple ipad is now broken and she has 83
views. I know this is completely off topic but I had to share it with someone!
Look at my website :: beauty products
There is certainly a lot to find out about this issue. I love all of the
ReplyDeletepoints you have made.
my weblog - stop smoking tips
I like the valuable info you provide for your articles.
ReplyDeleteI'll bookmark your blog and test once more right here frequently. I'm relatively certain I'll learn lots of new stuff right here! Best of luck for the following!
Here is my homepage: guanches.org
valium online no prescription diazepam valium muscle relaxer - low dose valium anxiety
ReplyDeletebuy valium what do generic valium look like - valium buy online
ReplyDeleteWhy people still make use of to read news papers
ReplyDeletewhen in this technological world the whole thing is existing on web?
Stop by my webpage - gohima.com
Hello very cool web site!! Guy .. Beautiful .. Superb .
ReplyDelete. I'll bookmark your web site and take the feeds also? I'm satisfied to seek out
a lot of useful info here in the publish, we want work out more techniques on
this regard, thank you for sharing. . . . .
.
my website http://www.topgoldstorejewelry.com/a-background-in-quick-systems-for-modcloth-coupon-code/
Can I submit your submit to my wordpress blog? I'll add a back-link to your forum. That’s one actually great post.
ReplyDeletemy blog: having trouble getting pregnant the third time