Stocks Decline as Oil Prices Collapse to Record Lows [TheStreet.com]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: TheStreet.com
fell Monday after oil prices collapsed to record laws as demand for crude has dried up and Wall Street prepped for a busy week of corporate earnings.The Dow Jones Industrial Average fell 270 points, or 1.11%, to 23,972, the S&P 500 declined 0.65% and the Nasdaq rose 0.13%. 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 on record ever Monday, falling below $1 a barrel astraders fretted over the capacity of storage facilities"In my view, the plunge in oil prices speaks to the decline of global growth as demand dries up," said Dan Russo, chief market strategist at Chaikin Analytics, a quantitative investment research firm based in Philadelphia. "This could be a concern for investors who were expecting a V-shaped recovery on the economic front. prices tend to be a gauge for the health of th
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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