Energy-stock benchmarks under early pressure
Date: Friday, October 23, 2009
ENERGY-STOCK BENCHMARKS UNDER EARLY PRESSURE
Losses in shares of Schlumberger color early trading in the energy
sector as investors shrug off an upbeat outlook for the oil-services
giant. Soleil
Securities starts coverage of Exxon Mobil and Chevron with buy ratings
on the blue-chip behemoths.
OIL FALLS, BUT SET TO GAIN 3% IN WEEK
Crude-oil futures drop below $81 a barrel, pressured by a rebounding
dollar and lower stocks as investors digest the latest string of
corporate earnings reports.
FRIDAY'S BIGGEST GAINING AND DECLINING STOCKS
Companies that are seeing active trade in Friday's session include
Amazon.com, Honeywell, Microsoft and Capital One Financial.
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