Energy Down on Growth Trepidation — Energy Roundup
Shares of energy companies fell slightly amid trepidation about the outlook for economic growth.
ExxonMobil was one of dozens of major stocks that were halted at the opening bell on the New York Stock Exchange after a glitch caused chaos in the opening auction. The oil giant’s shares hovered between just under $100 and $126 during the wild opening sequence before closing around $113.
Natural gas futures fell to near 19-month lows as a muted economic outlook weighed on demand expectations.
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(END) Dow Jones Newswires