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.