Stock Market Today: Energy Leads, Tech Lags, As Interest Rates Keep Rising
by Kyle Woodley
Sep 27, 2021
2 minutes
The new trading week kicked off Monday with various market sectors taking off in different directions.
Cyclical and value stocks continued their recent ascent. Exxon Mobil (XOM, +3.0%) and Halliburton (HAL, +5.4%) helped make energy (+3.6%) the strongest sector of the day, driven by a 2.0% increase in U.S. crude oil futures to a two-month high of $75.45 per barrel.
Declines in big-tech names such as (, -1.7%) and (, -1.9%) tried to pull markets in the other direction.
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