On Tuesday, a number of energy sector exchange-traded funds set new intraday records. State Street Energy's SPDR ETF hit a record intraday high since its inception in 1998, and the fund rose nearly 1% at the end of the session. The Pioneer Energy ETF also rose about 1%, the highest intraday level since it was established in September 2004. Furthermore, the State Street S&P oil and gas exploration and production ETF also rose to a multi-year high. On the same day, energy stocks such as Phillips 66, Marathon Petroleum, and Valero Energy all hit 52-week highs, supporting the sector's gains.
Zhitongcaijing · 2d ago
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On Tuesday, a number of energy sector exchange-traded funds set new intraday records. State Street Energy's SPDR ETF hit a record intraday high since its inception in 1998, and the fund rose nearly 1% at the end of the session. The Pioneer Energy ETF also rose about 1%, the highest intraday level since it was established in September 2004. Furthermore, the State Street S&P oil and gas exploration and production ETF also rose to a multi-year high. On the same day, energy stocks such as Phillips 66, Marathon Petroleum, and Valero Energy all hit 52-week highs, supporting the sector's gains.
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