Energy – Page 6 – Your Economy Friend

Market Wrap: Wall Street Ends Lower on Weak Trade Data

January 6, 2015

Richard Drew/AP NEW YORK -- U.S. stocks finished sharply lower Tuesday after a surprisingly wide March U.S. trade deficit raised concerns that the economy shrank in the first quarter. The $51.4 billion Mar...

Market Wrap: Stocks Up 4th Session in a Row as Energy Gains

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January 5, 2015

Energy

Mark Lennihan/AP NEW YORK -- Wall Street gained for a fourth straight session Tuesday, its longest winning streak since January, buoyed by the energy sector as oil prices rebounded from early declines. Oil...

Economy Stalls in 1Q as Weather, Lower Energy Prices Bite

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December 23, 2014

Energy

Gene J. Puskar/AP WASHINGTON -- U.S. economic growth braked more sharply than expected in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashe...

With Lower Prices, Americans’ Thirst for Gasoline Surges

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December 19, 2014

Energy

Getty Images LONDON -- Consumption of gasoline in the United States is surging according to estimates prepared by the Energy Information Administration. More than 9.5 million barrels per day of gasoline we...

Market Wrap: S&P Sets Record, Nasdaq Hits 15-Year High

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November 29, 2014

Energy

Richard Drew/AP NEW YORK -- The S&P 500 index closed at a record high Friday, as energy shares gained with oil prices, while the Nasdaq composite index hit a 15-year high helped by technology stocks. E...

Apple to Invest $850 Million in California Solar Farm

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November 12, 2014

Energy

Marcio Jose Sanchez/APApple CEO Tim Cook SAN FRANCISCO -- Apple is investing $850 million to help build a solar farm in California in partnership with solar panel-maker First Solar, Chief Executive Officer ...

Market Wrap: Stocks Soar on Release of ‘Dovish’ Fed Minutes

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October 28, 2014

Energy

Andrew Burton/Getty Images NEW YORK -- U.S. stocks ended higher Thursday with the S&P 500 closing at a seven-week high as investors saw further signs of dovishness in the Federal Reserve's September mee...

Market Wrap: Stocks End Sharply Lower; Energy Leads Drop

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October 16, 2014

Energy

Richard Drew/APNEW YORK -- Stocks closed sharply lower Wednesday after hawkish comments from Janet Yellen boosted expectations of an interest rate hike, and oil fell below $40 a barrel.Investors also attributed...

Market Wrap: Weak Oil Prices, China Woes Drag Stocks Lower

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August 10, 2014

Energy

Richard Drew/AP NEW YORK -- Wall Street ended lower on Monday as tumbling oil prices dragged energy shares to a three-year low and factory data from China raised concerns about the world's second-biggest ec...

Market Wrap: Wall Street Slips After Rally as Dollar Swings

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July 21, 2014

Energy

Richard Drew/AP NEW YORK -- U.S. stocks edged lower Monday on the heels of strong gains in the prior week, as investors weighed fluctuations in the dollar and its impact on other markets, including crude pr...

Market Wrap: Stocks Rebound From Recent Losses; Deals Help

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July 5, 2014

Energy

Andrew Burton/Getty Images NEW YORK -- U.S. stocks climbed more than 1 percent Monday, rebounding from a sharp decline last week, helped by deal activity in health care and a bounce in energy shares. Also ...

Market Wrap: Wall Street Ends Higher on Energy Rebound

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June 30, 2014

Energy

Richard Drew/AP NEW YORK -- U.S. stocks rose Thursday, with energy shares leading the advance as crude oil rebounded off a sharp decline, while investors bet that companies would top lowered expectations th...

Factory Activity Slows; Construction Spending Up Solidly

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June 13, 2014

Energy

J Pat Carter/AP WASHINGTON -- U.S. factory activity hit a more than two-year low in August as manufacturers struggled with a strong dollar, weak global demand and the lingering effects of deep spending cuts...

Market Wrap: Stocks Fall on Greece Stalemate; Energy Slips

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June 4, 2014

Energy

Richard Drew/AP NEW YORK -- U.S. stocks fell Friday as Greek debt talks hit a stalemate and as concern over how soon the Federal Reserve might raise interest rates kept investors cautious. Energy shares dr...