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NASDAQ OMX: December 5 Energy Commentary

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Thomson Reuters
December 5, 2013

SECTOR COMMENTARY

The energy sector finished the session mostly lower, despite positive economic data in the U.S., which was seen as a negative for equities by fueling speculation that the Federal Reserve could begin to scale back its economic stimulus as early as January.  

WTI crude oil futures pared gains but closed higher by $0.18 or 0.19% to $97.38 to close in the green for a fifth straight session as upbeat economic data, including a higher than expected upward revision to third quarter GDP, lifted the demand outlook in ...


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