Dow Comes Off Lows Amid Oil Price Collapse, Nasdaq Turns Higher [TheStreet.com]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: TheStreet.com
were mixed Monday after oil prices slumped to their lowest level in more than two decades as demand for crude has dried up and Wall Street prepped for a busy week of corporate earnings.The Dow Jones Industrial Average fell 176 points, or 0.73%, to 24,066, the S&P 500 declined 0.31% and the Nasdaq rose 0.32%. The S&P 500 rallied Friday and finished higher for the second straight week, the first back-to-back weekly gains since the market selloff began in mid-February.U.S. crude futures for May delivery, the near-term contract, sank to their lowest level in two decades on Monday, falling below $12 a barrel astraders fretted over the capacity of storage facilities"With a huge surplus in crude products filling inventories on land, there is a clear benefit to those producers whom are able to put their oil out to sea," said Joshua Mahony, senior market analyst at IG in London. "Unfortunately, the lack of demand and landlocked nature of production in the U.S. and Canada has already started to
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XOM
Earnings
- 10/31/25 - Beat
XOM
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- XOM's page on the SEC website