Stock Market Update
14-May-25 11:00 ET
Energy stocks lag
Dow -19.45
at 42120.98,
Nasdaq +87.09
at 19097.17,
S&P +0.23
at 5886.78
[BRIEFING.COM] The major equity indices remain in a sideways flow.
Earlier, the weekly EIA Crude Oil Inventories showed a build of 3.45 million barrels versus last week's draw of 1.11 million barrels. WTI crude oil futures are little changed from levels seen before the release, down 0.4% from yesterday at $63.39/bbl.
This price action, along with the decline natural gas prices ($3.86/mmbtu, -0.13, -3.2%), has contributed to the loss in the S&P 500 energy sector (-0.7%).
