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Stock impact report

US STOCKS-Futures slide as oil price slump hammers energy stocks [Reuters]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Reuters
Futures slide as oil price slump hammers energy stocks (Reuters) - U.S. stock index futures fell on Monday as a slump in oil prices pounded energy stocks, with investors also bracing for another batch of dour first-quarter earnings reports and economic data. Exxon Mobil Corp ( XOM.N ) and Chevron Corp ( CVX.N ) shed between 3.6% and 4.3% in premarket trading as crude prices fell to levels last seen in 1999 on concerns of oversupply. [O/R] Wall Street's main indexes have rallied this month, with the S&P 500 .SPX ending Friday with its biggest two-week percentage gain since 1974 on a raft of global stimulus and hopes the virus was nearing a peak in the United States. The benchmark index is up 30% from its March trough, but is still about 15% off its all-time high and analysts have warned of a deep economic slump from the halt in business activity and millions of layoffs. After U.S. banks kicked off the quarterly earnings season with painful forecasts for 2020, investors will keep a Show less Read more
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