Sector Update: Energy

MT newswire2026/10/26 16:59

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12:59 PM EDT, 10/26/2026 (MT Newswires) -- Energy stocks were mixed Monday afternoon, with the NYSE Energy Sector Index decreasing 0.2% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.2%. The Philadelphia Oil Service Sector Index was up 0.7%, and the Dow Jones US Utilities Index was fractionally higher. Front-month West Texas Intermediate crude oil eased 0.3% to $102.96 a barrel, and the global benchmark Brent crude contract rose 0.5% to $117.29 a barrel. Henry Hub natural gas futures decreased 0.6% to $2.62 per 1 million BTU. In corporate news, EQT (EQT) agreed to buy Range Resources (RRC) in an all-stock transaction that will create the largest natural gas producer in the US, with a combined enterprise value of more than $50 billion, the companies said Monday. EQT shares were down 3%, and Range Resources jumped 16%.

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华尔街见闻•2026/11/10 23:03

Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.

On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.

华尔街见闻•2026/11/10 23:01