NewsFeeder
08-25-2019, 06:15 AM
No ready spark seen for lagging U.S. energy shares
There may be little relief on the horizon for investors in U.S. energy companies, whose shares moved from darlings to dismal performers during Wall Street's record bull run and now face a shaky global economy, doubts about fossil fuel investments and general market skepticism. Energy has been the worst performing of the 11 S&P 500 sectors this year, the worst performer since U.S. President Donald Trump's 2016 election and the worst performer since the U.S. bull stock market began more than a decade ago. As a result, the S&P 500 energy sector has its lowest weight in the overall S&P 500 since at least 1995, according to Refinitiv Datastream data.
https://finance.yahoo.com/news/no-ready-spark-seen-lagging-110912052.html?.tsrc=rss
There may be little relief on the horizon for investors in U.S. energy companies, whose shares moved from darlings to dismal performers during Wall Street's record bull run and now face a shaky global economy, doubts about fossil fuel investments and general market skepticism. Energy has been the worst performing of the 11 S&P 500 sectors this year, the worst performer since U.S. President Donald Trump's 2016 election and the worst performer since the U.S. bull stock market began more than a decade ago. As a result, the S&P 500 energy sector has its lowest weight in the overall S&P 500 since at least 1995, according to Refinitiv Datastream data.
https://finance.yahoo.com/news/no-ready-spark-seen-lagging-110912052.html?.tsrc=rss