Energy services sector downgraded at Barclays amid bearish oil macro setting

Barclays downgrades the energy services sector to Neutral, impacting spending and sentiment for 2025, while adjusting ratings for Halliburton, Oceaneering, and Valaris.

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.28%

U.S. stocks closed mixed with gains in tech and consumer sectors against losses in oil and utilities. Amazon and IBM hit highs, while several stocks reached all-time lows.

Morning Bid: Fed and BOE decide as US House awaited, Germany jarred

Global markets reacted positively to Trump's election, with rising stocks and bond yields, anticipation of central bank rate cuts, and political uncertainties affecting forecasts.

Dow and S&P end at fresh record highs, lifted by Netflix earnings and tech stocks

Wall Street indexes achieved record highs driven by Netflix's earnings, supported by strong tech stocks, while concerns of overvaluation and election volatility loom.

US energy companies' shares gain as Middle East crisis sparks supply fears

Analysis-US oilfield firms slash prices as mega-mergers shrink customer base

Mega-mergers in the oil industry are forcing service companies to cut prices or merge, leading to bankruptcies and reduced rig counts amidst a highly competitive market.