Energy Stocks Lag as S&P 500 Rises
U.S. equities traded higher Tuesday, with the S&P 500 posting gains, but energy stocks sharply underperformed.
The S&P 500 Energy Sector was the worst-performing of all 11 sectors, falling 2.5% in recent trading. In contrast, most other sectors finished in positive territory.
Communication Services was the only other sector to decline, down 0.6%.
Losses in energy were led by major names:
Chevron (CVX): −4.3%
Kinder Morgan (KMI): −4.1%
Williams Companies (WMB): −3.8%
ONEOK (OKE): −3.6%
The sharp drop highlights continued pressure on energy shares, even as broader market sentiment remained constructive.
Energy shares often move independently of the broader market and were pressured by sector-specific factors despite overall positive sentiment.
The S&P 500 Energy Sector was the weakest performer, down 2.5%, making it the worst among all 11 sectors.
Chevron, Kinder Morgan, Williams Companies, and ONEOK led the declines, each falling more than 3%.
Yes. Communication Services was the only other sector in the red, down 0.6%.
Not necessarily. Short-term moves often reflect market reactions to news or prices, while long-term performance depends on fundamentals and demand trends.
When people think of Elon Musk, they think of electric cars, reusable rockets, or even artificial intelligence. But q...
U.S. equities traded higher Tuesday, with the S&P 500 posting gains, but energy stocks sharply underperformed. ...
If you’re in your 20s or early 30s, retirement may feel like a distant concern—something to worry about l...