Energy Select Sector SPDR (XLE)

Cenovus will acquire MEG Energy for $7.9B, creating one of Canada's largest oil sands producers. Deal includes cash and stock options for shareholders.

Technology stocks on the Nasdaq 100 were poised for a third consecutive day of losses Thursday, as investors continued to adopt a risk-off stance ahead of Federal Reserve Chair Jerome Powell's speech at the central bank's annual Jackson Hole Symposium on Friday.

A second day of selling pressure hit technology stocks tied to the AI theme on Wednesday, as sentiment cooled after an MIT report questioned the broad profitability of the new technology.

PPI surges in July due to Trump's tariffs, impacting small caps more than large caps. Consider SPY, IJS, RZV and sector hedges like XLE for investing.

Oil ETFs hit by OPEC+ plans to boost production. USO, BNO, and UCO saw significant losses. Equity-based and diversified funds offer more stability.

BP reported strong Q2 2025 earnings, with adjusted EPS of $0.90 per share beating expectations. Revenue fell short at $46.63 billion, but underlying profit and operational performance remained strong.

U.S. stocks bounced back sharply Monday, recovering from Friday's sell-off triggered by renewed concerns over a weakening labor market.

Baker Hughes’ $13.6B deal revives energy stock momentum; here's why XLE and Transocean may offer strong upside in a recovering oil market.

It's a rough start to the new month for Wall Street, as major U.S. stock indices plunged by midday Friday, setting the stage for a negative weekly close.