NewsFeeder
02-05-2018, 03:21 AM
Energy stocks have room to build on solid start
Energy stocks have got off to a strong start this year and look poised to run further, fueled in part by a rebound in oil prices, climbing U.S. production and investors looking to take advantage of shares that could be a bargain after a disappointing 2017. The S&P 500 energy index fell 3.8 percent in 2017, one of only two of its 11 major sectors to close out the year in negative territory, even as the overall S&P 500 rallied nearly 20 percent. Energy stocks climbed 3.8 percent in January before stumbling nearly 6 percent this week as part of a broad market selloff.
https://finance.yahoo.com/news/energy-stocks-room-build-solid-061735580.html?.tsrc=rss
Energy stocks have got off to a strong start this year and look poised to run further, fueled in part by a rebound in oil prices, climbing U.S. production and investors looking to take advantage of shares that could be a bargain after a disappointing 2017. The S&P 500 energy index fell 3.8 percent in 2017, one of only two of its 11 major sectors to close out the year in negative territory, even as the overall S&P 500 rallied nearly 20 percent. Energy stocks climbed 3.8 percent in January before stumbling nearly 6 percent this week as part of a broad market selloff.
https://finance.yahoo.com/news/energy-stocks-room-build-solid-061735580.html?.tsrc=rss