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Major U.S. stock indexed closed lower on Thursday, pausing a powerful rally sparked a day earlier by falling bond yields and encouraging signs on the inflation front.
The Dow Jones Industrial Average fell about 68 points, or 0.2%, ending around 43,153, according to preliminary data.
The S&P 500 index lost 12 points, or 0.2%, ending around 5,937.
The Nasdaq Composite Index shed about 172 points, or 0.9%, closing near 19,338.
The 10-year yield fell to 4.606% Thursday, retreating from its one-year high of 4.802% set on Monday. But a cautious tone remained in markets with investors focused on what policies might be a top priority under the incoming Trump administration — and the Treasury market's likely reaction to them.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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