NYSEArca - Nasdaq Real Time Price USD

Energy Select Sector SPDR Fund (XLE)

94.96

+1.31

(+1.40%)

At close: May 17 at 4:00 PM EDT

94.85

-0.11

(-0.12%)

After hours: May 17 at 7:57 PM EDT

One stock is dragging down the S&P 500's earnings growth

S&P 500 companies have had a solid Q1 earnings season, with one key exception: drugmaker Bristol Myers Squibb.

Yahoo Finance 4 days ago

^GSPC

XLV
+0.19%
XLB
+0.85%
Direxion's TMF Sees $264 Million in Inflows; ETF Fund Flows as of May 10

Here are the daily ETF fund flows for May 10, 2024.

etf.com 7 days ago

TMF

VFFSX

VFIAX
These ETF Sectors Won Earnings Season

Much-maligned utilities and consumer staples stocks gained.

etf.com 8 days ago

SPY
+0.14%
XLE
+1.40%
XLU
+0.08%
Recession-proof stocks are leading the market's latest leg higher

The Utilities and Consumer Staples sectors have popped since mid-April as investors search for value.

Yahoo Finance 9 days ago

SPY
+0.14%
XLC

XLP
-0.24%
Oil ETFs Notch Gains as Crude Price Slips

While oil-sector ETFs remain among the year's top performers, recent outflows suggest wariness among investors.

etf.com 9 days ago

SPY
+0.14%
USO
+0.94%
XLE
+1.40%
Vanguard Sees $1 Bil in Inflows; ETF Fund Flows as of May 7

Here are the daily ETF fund flows for May 7, 2024.

etf.com 10 days ago

XLE
+1.40%
QLD

IVV
Energy: Exxon, Chevron drag sector amid geopolitical risks

The energy sector (XLE) is underperforming in Friday's trading session, following disappointing results from industry leaders Exxon Mobil (XOM) and Chevron (CVX). S&P Global Vice Chairman Daniel Yergin joined Yahoo Finance to discuss the geopolitical risks looming over the oil market. Yergin acknowledges that the current calm within the oil market will "entirely depend" on exogenous events. He notes that oil prices have reverted to levels pre tensions between Iran and Israel, which initially caused a slight uptick: "There's been a tug-of-war between geopolitics and the fundamentals of supply and demand," Yergin says. "In terms of the oil industry, they're commercial animals," Yergin tells Yahoo Finance, adding, "Their incentive is to produce as much as they can." However, he cautions that concerns about future production softening persist within the industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 21 days ago

XLE
+1.40%
BZ=F

CL=F
USO's Outflows Surged Amid Oil Price Retreat

Investors are draining oil ETFs as they see historic performance in the market.

etf.com 21 days ago

UCO

USO
+0.94%
XLE
+1.40%
The market is saying there's no 'growth problem': Strategist

Despite Thursday's weaker-than-expected GDP figure, which hinted at a slowing economy, Truist Co-Chief Investment Officer and Chief Market Strategist Keith Lerner joins Market Domination to explain why this number doesn't accurately reflect the economy's growth trajectory. Lerner argues that the GDP data was fine "underneath the hood," showing that consumers and businesses were still spending, and underlying demand remained robust. He notes, "the market's hanging in there relatively well," emphasizing that a deeper examination of the GDP components revealed "there's still solid economic growth." On the inflation front, Lerner acknowledges that he had anticipated a post-pandemic economic slowdown. However, even with solid growth, he remains optimistic that inflation can be brought down to the 2% target. Addressing concerns about stagflation, he states, "It's a risk, not our base case." Lerner points to the strong performance of the energy (XLE), financials (XLF), and industrials (XLI) sectors as evidence that "the market is telling you that we don't have a growth problem at this point." This market behavior reinforces his view that the underlying economic fundamentals remain robust, despite the weaker GDP reading. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 22 days ago

XLI
+0.11%
XLE
+1.40%
^IXIC
Potential escalation in Middle East raises oil price concerns

US officials have warned of an imminent attack on Israeli assets by Iran or proxies, potentially causing a wider conflict in the Middle East. Oil Prices (BZ=F, CL=F) could be impacted as the escalation pours further doubt on oil production in the region. Senior Columnist Rick Newman joins Yahoo Finance to break down the potential of a wider conflict in the Middle East and how that may impact the energy sector. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Nicholas Jacobino

Yahoo Finance Video last month

CL=F

BZ=F

XLE
+1.40%
Why stocks could still rise even as rate cut hopes fade

Wall Street strategists believe stocks can keep moving higher even as rate cut hopes dampen as long as the outlook for earnings and the economy remain positive.

Yahoo Finance last month

^RUT

XLI
+0.11%
^TNX
Earnings season to test breadth of stock market rally

First quarter earnings reports are expected to show signs that other areas of the market could catch up to tech's growth later in 2024.

Yahoo Finance last month

^IXIC

SPY
+0.14%
^GSPC
Oil: OPEC has 'hands on the steering wheel' of energy market

Crude oil futures (CL=F, BZ=F) momentarily pause their price rally after hitting multi-month highs, remaining elevated around various geopolitical tensions including the ongoing conflict between Israeli and Hamas forces in the Middle East. CIBC Private Wealth US Senior Energy Trader Rebecca Babin weighs in on the oil inventory pressures associated with OPEC+'s production cuts and the Russia-Ukraine War, looking ahead to the range where oil and US gas prices could eventually settle into. "Right now what they [OPEC+] have is a beautiful position of controlling the market. They've got their hands on the steering wheel here. They don't want to lose that," Babin tells Yahoo Finance. "You let it go too far, you get SPR (Strategic Petroleum Reserve). So, let's bring back some barrels. I think this puts a damper on this rally to $100 [per barrel] that some people are talking about. And he second big factor I think is demand destruction. You can't just have an explosive rally to the upside and think demand is going to be completely inelastic." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video last month

XLE
+1.40%
BZ=F

CL=F
Utilities: Where AI fits into the future of this sector play

The utilities sector (XLU) has remained nearly flat year-to-date when compared to the massive gains seen in other sectors in 2024, such as technology. Citi Equity Analyst Ryan Levine believes that the utilities sector's poor performance has gone on for too long, pointing to AI as "the real emerging story" that will "create a demand growth for the industry at large." "There's two groups of companies — companies on the regulated utility side and then on the unregulated side," Levine explains to Yahoo Finance. "On the regulated side, companies as you articulate in terms of close proximity to the data center buildout. So we identify Georgia as a state that's very attractive and are recommending Southern Company (SO) on that theme." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video last month

JXI

XEL

NEE
Earnings season has 'a lot of good news' priced in: Strategist

Earnings season is poking its head around the corner for 2024 as markets (^DJI, ^IXIC, ^GSPC) spring into the second quarter. Interactive Brokers Chief Strategist Steve Sosnick sits down with Market Domination to outline what could drive stocks as companies report their latest round of earnings results. "My concern going forward is that... are we able to beat the raised bar that we've set for ourselves?" Sosnick tells Yahoo Finance. "Some companies have been able to do it. You look at a Nvidia, which is remarkably good at beating and raising, and then beating again. Most companies can't do that." Sosnick also weighs in on oil prices (CL=F, BZ=F) and their influence on energy markets and the Federal Reserve's perspective on inflation. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video last month

^GSPC

^DJI

^IXIC
Oil Prices Hit 6-Month High on Worries About Israel-Iran Conflict

Oil prices hit their highest level since October as tensions in the Middle East escalated, with Israeli Prime Minister Benjamin Netanyahu saying that Israel will take an aggressive stance against Iran and its proxies. “Those who harm us or plan to harm us, we will harm,” he said at a security cabinet meeting. Brent crude the international benchmark, rose 1.5% to $90.65 per barrel.

Barrons.com last month

XLE
+1.40%
Powell's speech, commodities on the rise: Top takeaways

Inflation data, in all its forms, has been under a microscope as the Federal Reserve has made it clear that it wants more data to inform its next decision on interest rates. Fed Chair Jerome Powell made a speech on Wednesday reiterating the point that it relies on inflation data, that inflation is on a "bumpy" path to the target goal, and that an interest rate cut is likely to happen within the year. Commodities have been on the rise as inflation remains and supply issues have boosted prices for commodities like golld (CC=F), while the energy sector continues to perform poorly in the long term, but may have room to grow Yahoo Finance Reporter Josh Schafer joins Market Domination Overtime to break down the top takeaways from the trading day for April 3. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video last month

XLI
+0.11%
HG=F

XLE
+1.40%
Gas prices could reach $4 by May, adjacent to oil pressures

Gas prices (RB=F) could go as high as $4 per gallon ahead of the summer driving season, according to Goldman Sachs, if geopolitical events continue to pressure crude oil prices (CL=F, BZ=F). Yahoo Finance Senior Business Reporter Ines Ferré explains the commodity price patterns. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video last month

CL=F

NG=F

RB=F
Market is leveling out, now taking a breather: Strategist

After an outstanding first quarter in 2024, could stocks be hitting a figurative wall heading into the second quarter? Blue Line Futures President Bill Baruch and Unlimited Co-Founder, CEO, and CIO Bob Elliott sit down with the Market Domination hosts to discuss their market outlooks, which Elliott states could be entering "a turning point" in the second-quarter tied to the Federal Reserve's interest rate cut pressures. "We have had a heck of a little run, I'm looking at the 21-day moving average... we haven't closed below the 21-day moving average for the S&P since January 17. In fact, we've only closed below it three times this year... but before that it's been November 1," Baruch states. Baruch also provides commentary on the geopolitical pressures feeding into crude oil (CL=F, BZ=F) price actions. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video last month

^IXIC

^GSPC

XLE
+1.40%
Crude oil prices reach highest since October as energy stocks lead market

US crude futures have gained 20% this year and pushed energy stocks to outperform the market as rising geopolitical tensions and lower supply buoy prices.

Yahoo Finance last month

CL=F

BZ=F

XLE
+1.40%

Performance Overview

Return	XLE	Category
YTD	+14.18%	+6.80%
1-Year	+25.19%	+13.23%
3-Year	+25.07%	+21.38%

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Energy Select Sector SPDR Fund (XLE)

One stock is dragging down the S&P 500's earnings growth

Direxion's TMF Sees $264 Million in Inflows; ETF Fund Flows as of May 10

These ETF Sectors Won Earnings Season

Recession-proof stocks are leading the market's latest leg higher

Oil ETFs Notch Gains as Crude Price Slips

Vanguard Sees $1 Bil in Inflows; ETF Fund Flows as of May 7

Energy: Exxon, Chevron drag sector amid geopolitical risks

USO's Outflows Surged Amid Oil Price Retreat

The market is saying there's no 'growth problem': Strategist

Potential escalation in Middle East raises oil price concerns

Why stocks could still rise even as rate cut hopes fade

Earnings season to test breadth of stock market rally

Oil: OPEC has 'hands on the steering wheel' of energy market

Utilities: Where AI fits into the future of this sector play

Earnings season has 'a lot of good news' priced in: Strategist

Oil Prices Hit 6-Month High on Worries About Israel-Iran Conflict

Powell's speech, commodities on the rise: Top takeaways

Gas prices could reach $4 by May, adjacent to oil pressures

Market is leveling out, now taking a breather: Strategist

Crude oil prices reach highest since October as energy stocks lead market

Performance Overview