Text Size:
A | A

NASDAQ OMX: January 27 Energy Commentary

Text Size: A | A
Thomson Reuters
January 27, 2014

SECTOR COMMENTARY

The energy sector ended a volatile day of trading mostly lower, shedding earlier heavier losses into close, with last week’s laggard’s refiners and drillers outperforming. E&Ps, which saw strong support last week led by the natural gas leveraged names, trailed the group on an over 6% decline in the underlying commodity. Weak U.S. economic data and uncertainty ahead of the Fed’s two policy meeting starting tomorrow weighed on the group and broader equity markets.

WTI crude oil futures erased earlier highs, settling the day lower by $0.92 or ...


Already a subscriber? Log In
Password:
 
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription