U.S. stocks finish higher as Tesla propels S&P 500; Dow rises third straight day
U.S. stocks closed higher Monday, with Tesla...
U.S. stocks closed higher Monday, with Tesla Inc. TSLA fueling the S&P 500 index’s gains while the Dow Jones Industrial Average rose for a third straight day. The S&P 500 SPX gained 0.7%, while the Dow DJIA ended 0.3% higher and the Nasdaq Composite COMP climbed 1.1%. The S&P 500’s consumer-discretionary sector, which includes electric-car maker Tesla, was the best-performing of the index’s 11 sectors on Monday with a sharp rise of around 2.8%. The S&P 500 and technology-heavy Nasdaq each booked back-to-back gains.
European Gas Extends Rally on Risks From Australia to Norway
(Bloomberg) -- European natural gas prices rose for a third straight session as strikes continue at key...
(Bloomberg) -- European natural gas prices rose for a third straight session as strikes continue at key export sites in Australia and Norway struggles to exit lengthy maintenance measures.
Benchmark futures gained as much as 9.8% on Monday after workers began partial strikes late last week, threatening operations that supplied about 7% of the world’s liquefied natural gas in 2022. Chevron Corp., which operates the affected facilities, has applied to a labor regulator to help resolve its dispute with unions.
US adds 6.4 GW of small-scale solar capacity in 2022, EIA says
(Reuters) - The U.S. is estimated to have added 6.4 gigawatts...
(Reuters) - The U.S. is estimated to have added 6.4 gigawatts (GW) of small-scale solar capacity in 2022, the most ever in a single year, the U.S. Energy Information Administration (EIA) said on Monday.
The capacity of small-scale solar increased from 7.3 GW in 2014, to 39.5 GW by 2022, the statistical arm of the U.S. Department of Energy said.
Small-scale solar - also called distributed solar or rooftop solar, refers to solar-power systems with 1 megawatt (MW) of capacity or less, and accounted for about one-third of the nation's total solar capacity.
Oil prices ease from 10-month highs but hold above $90 a barrel
LONDON (Reuters) -Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had...
LONDON (Reuters) -Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had driven prices to 10-month highs last week.
Saudi Arabia and Russia last week announced that they will extend voluntary supply cuts of a combined 1.3 million barrels per day (bpd) until the end of the year.
Brent crude fell by 23 cents, or 0.25%, to $90.42 a barrel by 1051 GMT on Monday while U.S. West Texas Intermediate crude lost 46 cents, or 0.53%, to $87.05.
Remains of two 9/11 victims of World Trade Center attack identified ahead of today's...
Remains of two 9/11 victims of World Trade Center attack identified ahead of today's anniversary; brings number of victims identified to 1,649 with over 1,000 still missing(More) | Perelman Performing Arts Center set to open at ground zero in lower Manhattan (More)