The nasdaq has actually been leading today. That is a bit of a switch. Technology has been going in the same direction as other averages but an exaggerated move. A different scenario memo we have seen recently. The s p and dow remain lower and they remain lower than oil prices peered yesterday, we saw stocks drifting lower even as oil held up well. A different story today. If you look at oil, were seeing it down 4 . It bounced off the bottom, but still below 30 a barrel. Oil stocks are weighing on the major averages. We are seeing a lot of big percentage declines among the energy producers. Southwestern Energy Company particular, down 14 . Murphy oil, devon energy, a lot of these Energy Companies have come out in the past week or past couple of weeks talking about various ways to raise cash, whether it is sharing selling shares, cutting dividends. That has been weighing on them, also. Alix a lot of these guys reporting earnings next week like southwestern energy. Aside from oil, we had
Pulling allegations that beijing tried to steal American Technology online in july, [000 00 00;00] with welcome to our international and our special coverage of russias Eastern Economic form is currently taking place in the countries 40 city body boston. President putin is to participate in a special panel the Economic Forum in russias far east. And he says, and he and his colleagues heads of states on top ranks officials will discuss the challenges we face on the pastor multiple the world. And while were waiting for that panel to begin, lets just wrap up with what was said and done at the forum over the last couple of days. Like there was a deal stroke between rushes gas from, and china is National Petroleum corporation, which sees in both countries, which just payments to the National Currencies, instead of the dollar. The head of the Russian Energy Companies Said the move will simplify transact unset, a new precedence with the new payment mechanism is a mutually beneficial, modern,
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At a recent keynote address delivered by Atty Richard J. Nethercott, President and CEO of the Independent Electricity Market Operator Philippines, the focus was set..
The ProShares UltraShort Bloomberg Natural Gas ETF is the trading tool for profiting from a fall in the price of natural gas prices. Read why I rate KOLD a Buy.