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Stocks Supported as Geopolitical Risks Recede
Barchart54d agoneutral
Stocks Supported as Geopolitical Risks Recede

The S&P 500 Index ($SPX ) (SPY ) today is up +0.99%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.16%. September E-mini S&P futures (ESU26 ) are up +0.99%, and September E-mini Nasdaq futures...

How A U.S.–Iran Peace Deal And Syrian Gas Restart At ConocoPhillips (COP) Has Changed Its Investment Story
Simply Wall St.56d agoneutral
How A U.S.–Iran Peace Deal And Syrian Gas Restart At ConocoPhillips (COP) Has Changed Its Investment Story

Earlier this week, ConocoPhillips shares fell after news of a U.S.–Iran peace deal that would lift sanctions, reopen the Strait of Hormuz toll‑free, and allow higher Iranian oil exports, weighing on global crude benchmarks and energy stocks. At the same time, traders pushed up prices on ConocoPhillips put options and the company advanced plans to restart Syrian gas production, underlining how shifting geopolitics are reshaping both its risk profile and new project opportunities. With the...

ConocoPhillips (COP) Joins TotalEnergies And QatarEnergy For Mediterranean Block 3 Exploration
Simply Wall St.56d agoneutral
ConocoPhillips (COP) Joins TotalEnergies And QatarEnergy For Mediterranean Block 3 Exploration

ConocoPhillips (NYSE:COP) has signed a Memorandum of Understanding with TotalEnergies, QatarEnergy and the Syrian Petroleum Company to explore offshore Block 3 in the Mediterranean Sea. The agreement focuses on potential upstream opportunities in the eastern Mediterranean, adding a new exploration area to ConocoPhillips' global portfolio. The MoU reflects cooperation between international energy companies and a state-owned partner around a frontier offshore block. For investors following...

SCHD Now Concentrates 42 Percent of Your Money in Just 10 Stocks. Here Is Who Should Still Own It
24/7 Wall St.56d agoneutral
SCHD Now Concentrates 42 Percent of Your Money in Just 10 Stocks. Here Is Who Should Still Own It

Most Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) owners assume they are buying broad market diversification. The latest Schwab fact sheet tells a different story. SCHD’s top 10 holdings now account for 41% of the fund’s $71.6 billion in net assets, well above the roughly 30% top-10 weight typical of large-cap dividend peers. SCHD still earns ... SCHD Now Concentrates 42 Percent of Your Money in Just 10 Stocks. Here Is Who Should Still Own It

Stocks Soar on US-Iran Peace Agreement
Barchart57d agobullish
Stocks Soar on US-Iran Peace Agreement

The S&P 500 Index ($SPX ) (SPY ) today is up +1.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.73%. June E-mini S&P futures (ESM26 ) are up +1.61%, and June E-mini Nasdaq futures...

Oil Prices Slump, Exxon and Chevron Stocks Drop After Trump Iran Deal
Barrons.com57d agobearish
Oil Prices Slump, Exxon and Chevron Stocks Drop After Trump Iran Deal

Oil prices slumped to three-month lows of just above $80 a barrel early Monday after the U.S. and Iran reached an interim deal that includes plans to reopen the Strait of Hormuz. Exxon Mobil Chevron and other energy stocks were among the sharpest fallers in the S&P 500 ahead of the open as the broader market looked set to rally. Energy infrastructure company Sempra was down 4.7%, while Occidental Petroleum ConocoPhillips and Exxon were all around 3% lower.