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U.S. Stocks Pile On Gains As DJIA, S&P 500 Claim New Highs

U.S. stock gains picked up steam in afternoon trading as the Dow Jones Industrial Average climbed over the 15000 level, notching another landmark on the market's record run.The blue-chip Dow industrials advanced 77 points, or 0.5%, to 15045 in Tuesday afternoon trading. It first breached the 15000 level in intraday trading last Friday. The Standard & Poor's 500-stock index, meantime, added eight points, or 0.5%, to 1625, extending its string of all-time highs, while the Nasdaq Composite added four points, or 0.1%, to 3397.The Dow's push above 15000 comes as investors' confidence in the economic recovery grows. While earnings reports have been lackluster in recent weeks, a strong report on U.S. hiring last Friday helped dispel worries about a slowdown in the economic recovery like the ones the U.S. has suffered in recent spring seasons."Investors have played the worry game, and those that have sat on the sidelines in cash are starting to question that, because this has been a pretty res...

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  1. Apache Fourth-Quarter Net Fell 44% on Writedowns, Lower Prices

    Apache Corp. (APA) said Thursday it plans to trim its portfolio with $2 billion in asset sales this year, bringing an end to a three-year buying spree that expanded ...

  2. Apache 4th-Quarter Net Fell 44% on Write Downs, Lower Prices

    Apache Corp.'s (APA) fourth-quarter earnings fell 44% as property write downs and lower prices offset the benefits of increased production.The Houston-based company ...

  3. EOG Resources Shares Up 2.5% On Earnings Beat

    EOG Resources Inc. shares advanced 2.5% on Thursday, among the top 10 gainers in the S&P 500 as the energy company late Wednesday reported fourth-quarter adjusted ea...

  4. EOG Resources Swings to 4th-Quarter Loss on Impairment Charges

    EOG Resources Inc. (EOG) swung to a fourth-quarter loss as the natural-gas-and-oil producer posted significantly higher impairment charges, offsetting stronger reven...

  5. These Energy ETFs Are Creeping Higher

    Few sectors could match the lethargy and mediocrity offered by the energy sector in 2012. Using ETFs as the measuring the stick, the only select sector SPDR that per...

  6. Chevron to buy stake in Kitimat LNG from Encana, EOG

    Chevron Corp said on Monday it will enter the Canadian liquefied natural gas business with the acquisition of the 50 percent stake in the Kitimat LNG project held by...

  7. EOG 'big Winner' Of Apache, Chevron Deal, UBS Says

    EOG Resources Inc. is the "big winner" in the shale-gas deal between Chevron Corp. and Apache Corp. announced Monday, UBS said in a note to clients. EOG will realize...

  8. Chevron Buys Stake in Kitimat Natural Gas Project

    Energy giant Chevron (NYSE:CVX) unveiled plans on Monday to acquire a stake in shale gas fields in Western Canada and a proposed Pacific pipeline in an effort to exp...

  9. If The IEA is Right, These ETFs Are Good Long-Term Bets

    The oil patch is aflutter today on news that the U.S. could become the world's largest oil producer by 2020. That factoid comes courtesy of the International Energy ...

  10. EOG Shares Rise 5.3%, Among Top S&P Gainers

    EOG Resources Inc. shares rose 5.3% on Tuesday as the company late Monday reported better-than-expected third-quarter earnings. The stock was among the top five gain...

  11. Oil ETFs Rally on Election Day

    Maybe equity-based oil ETFs are rallying today because oil futures are surging. Or maybe these funds are just joining in on an Election Day rally for the broader mar...

  12. EOG Resources 3rd-Quarter Profit Drops 34% on Higher Expenses

    EOG Resources Inc.'s (EOG) third-quarter profit fell 34% as the natural-gas-and-oil producer posted a rise in expenses that overshadowed stronger revenue.Results mar...

  1. U.S. Stocks Hit New Highs as Global Rally Continues

    The Dow industrials rose back up above 15000 and the Standard & Poor's 500-stock index pushed deeper into record territory, following strong economic data in Germany...

  2. EOG Resources 1st-Quarter Profit Up 53% on Crude Oil Segment Revenue

    EOG Resources Inc.'s (EOG) first-quarter profit rose 53% as revenue at the natural-gas-and-oil producer strengthened, led by its largest crude oil and condensate seg...

  3. Moving Averages Indicate These Sector ETFs Could be Stretched

    In a previous examination of some ETFs and their relationship to simple moving averages, we looked at a group of funds that were either below or vulnerable to giving...

  4. Zaza to Sell Moulton Assets for $52.5 Million; Unveils JV to Develop Eaglebine Assets

    ZaZa Energy Corp. (ZAZA) has agreed to sell its Moulton assets for $52.5 million and also signed a joint exploration and development agreement with EOG Resources Inc...

  5. 99 Problems, But an ETF Isn't One

    With all due credit to Beyonce's husband Jay Z, the ETF Professor is unveiling a new weekly feature where the ongoing battle between mutual funds and ETFs will be ex...

  6. Smaller Oil Players to Benefit From U.S. Growth

    Some of the oil industry's smaller players could be poised to reap the most rewards from increasing U.S. crude oil production.Monthly production is expected to surpa...

  7. S&P Bullish on 2 Energy ETFs

    Broadly speaking, energy stocks and the corresponding ETFs have performed well through the first two months of 2013.As just one example, the Energy Select Sector SPD...

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