Tag: Marketwatch

Energy stocks were broadly lower in premarket trading Friday, as crude oil futures CL00, -2.00% dropped 1.9% to put them in danger of snapping a seven-day win streak. Halliburton Co.’s stock HAL, +0.48% traded down 2.4% ahead of the open, enough to make them the biggest premarket decliner among S&P 500 SPX, -0.26% components. Elsewhere, […]

Shares of Xeris Biopharma Holdings Inc. XERS, +20.58% shot up 24.3% on heavy volume in premarket trading Friday toward a five-month high, after the biopharmaceutical company said its Recorlev has been approved by the U.S. Food and Drug Administration for the treatment of endogenous hypercortisolemia in adults with Cushing’s syndrome, which is a potentially fatal […]

Shares of Xcel Energy Inc. XEL, -0.78% slumped 1.4% in midday trading Friday, and was the biggest decliner among the SPDR Utilities Select Sector ETF’s components. The company said it has restored service for about 80% of its customers that lost power as a result of the “extremely high winds and wildfires” in Colorado. The […]

Shares of Oracle Corp. ORCL, -0.91% slipped 0.3% in afternoon trading Friday, putting them on track to extend their losing streak to 11 sessions. That would be the longest such streak since Oracle went public in March 1986, according to Dow Jones Market Data. The database giant’s stock has now tumbled 15.3% since it last […]

Baker Hughes BKR, +0.46% data on Friday afternoon showed the U.S. weekly active oil-rig count standing pat at 586. Oil rigs were steady at 480 and those rigs drilling for natural gas held at 106, according to the companies data. For the year, rigs are up 235, with those drilling for oil increasing by 213 […]

Stocks ended modestly lower on New Year’s Eve, with the Dow Jones Industrial Average DJIA, -0.16% losing its grip on slight gains late in the year’s final session. The blue-chip index shed about 60 points Friday, or 0.2%, to end near 36,338, still enough to solidify a 1.1% weekly gain, 5.4% advance for December and […]

U.S. oil futures on Friday settled lower on the eve of 2022, marking the first decline in the past eight sessions, but the loss belies a stellar year for crude bulls, with the commodity posting the sharpest annual rise since 2009. West Texas Intermediate crude oil for February delivery CLG22, -1.96% CL00, -1.96% declined $1.78, […]

Gold futures closed solidly higher Friday in 2021’s final session, but the precious metal still registered the steepest annual drop since 2015 as investor appetite for the traditional safe-haven asset sagged. The precious metal advanced in the final week, month and quarter of the year but it wasn’t sufficient to help avoid closing in negative […]

Shares of Nutriband Inc. NTRB, +169.06% rocketed 126.6% in very active trading Friday morning, after the developer of a fentanyl abuse deterrent patch said it was issued a full patent in South Korea for its lead technology Aversa. Volume spiked to 31.8 million shares, compared with the full-day average of roughly 55,300 shares, and enough […]

U.S. stock indexes on Friday were little changed but edging slightly higher, in the final trading day of 2021, with risk appetite waning on New Year’s Eve. With most European markets closed or shutting down early on Friday, trading is expected to be thin in U.S. markets too as investors close out a good year […]