Stock Market Update
02-Oct-24 11:05 ET
Energy stocks outperform
Dow +25.11
at 42182.08,
Nasdaq +7.69
at 17918.03,
S&P -1.00
at 5707.75
[BRIEFING.COM] The S&P 500 is slightly lower than yesterday while the Dow Jones Industrial Average and Nasdaq Composite trade fractionally higher.
A short time ago, the weekly EIA Crude Oil Inventories showed a build of 3.89 million barrels after last week's draw of 4.47 million barrels. WTI crude oil futures backed off their highs, but still trade up $70.97/bbl. Contracts traded up as much as $72.41/bbl earlier.
The S&P 500 energy sector trades near its worst level of the day, albeit still sporting a 0.5% gain.
