The "Fast Money" traders give their final trades of the day.» Read More
*Initial jobless claims fall for fourth straight week. *Biotech shares rebound after sharp two-day decline; energy falls. NEW YORK, Dec 24- U.S. stocks closed flat in a short session on Wednesday as investors found few reasons to push major indexes to their sixth straight day of gains despite strength in biotechs and bullish labor market data.
*Initial jobless claims fall for fourth straight week. *Equity markets close at 1 p.m. in holiday-shortened session. NEW YORK, Dec 24- U.S. stocks edged higher on Wednesday, with the Dow and S&P 500 at records and on track for a sixth straight daily advance as biotech stocks rallied and data pointed to improving economic conditions.
BP PLC fell$. 11 or. 3 percent, to $39.01. ConocoPhillips fell $1.82 or 2.6 percent, to $69.23. Exxon Mobil Corp. fell $1.11 or 1.2 percent, to $93.48.
BP PLC rose$. 02 or. 1 percent, to $39.12. ConocoPhillips rose $1.53 or 2.2 percent, to $71.05. Exxon Mobil Corp. rose $1.26 or 1.4 percent, to $94.59.
Its exclusive roster runs from American Express to Walt Disney. Charles H. Dow created his index, in part, to make the market easier to understand. The original Dow Jones industrial average had 12 big businesses including American Cotton Oil, National Lead and Laclede Gas Light Co. Dow first published his average on May 26, 1896; later that year, The Wall Street...
BP PLC fell$. 06 or. 2 percent, to $39.04. ConocoPhillips rose $1.67 or 2.4 percent, to $71.19. Exxon Mobil Corp. rose $1.30 or 1.4 percent, to $94.63.
BP PLC fell$. 30 or. 8 percent, to $39.10. ConocoPhillips fell $1.46 or 2.1 percent, to $69.52. Exxon Mobil Corp. fell$. 31 or. 3 percent, to $93.33.
HOUSTON, Dec 22- Plunging oil prices will prompt energy companies to cut investments in new projects by 25 percent or more in 2015, analysts said over the past week, as firms try to stay cash-flow positive and keep debt in check. With oil prices down more than 40 percent since June, some companies, including ConocoPhillips, have slashed spending by 20 percent.
BP PLC fell$. 52 or 1.3 percent, to $38.88. ConocoPhillips fell $2.24 or 3.2 percent, to $68.74. Exxon Mobil Corp. fell$. 87 or. 9 percent, to $92.78.
*Kudrin: Russia didn't tackle problems fast enough. *Russia to be downgraded to' junk' status next year. MOSCOW, Dec 22- Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.
BP PLC fell$. 57 or 1.4 percent, to $38.83. ConocoPhillips fell $1.94 or 2.7 percent, to $69.04. Exxon Mobil Corp. fell$. 27 or. 3 percent, to $93.37.
*Australia's plan to become top LNG exporter still on track. Just last week, Woodside Petroleum Ltd delayed the FID for its $40 billion Browse floating project with Royal Dutch Shell and BP. The next cab off that rank could be ExxonMobil and BHP Billiton's $10 billion Scarborough project.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
It’s his annual appeal. "Mad Money" host Jim Cramer wants you to place a couple shares of this stock in the stockings.
BP PLC rose $1.08 or 2.8 percent, to $39.40. ConocoPhillips rose $1.23 or 1.8 percent, to $70.98. Exxon Mobil Corp. rose $2.48 or 2.7 percent, to $93.64.
Stocks rose on Friday, after the S&P 500's best two-day streak in years.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 1 percent to $33.54 with 38,466,100 shares traded. Bank of America Corp. rose. 5 percent to $17.62 with 100,300,100 shares traded.
BP PLC rose$. 77 or 2.0 percent, to $39.09. ConocoPhillips rose$. 70 or 1.0 percent, to $70.45. Exxon Mobil Corp. rose $1.14 or 1.3 percent, to $92.30.
Some of Friday midday movers:
MEXICO CITY, Dec 19- The allure of investing in Mexico's historic oil sector opening has been dimmed by the plummeting price of crude, putting pressure on the government to offer bigger incentives to private investors in the first major round of contracts up for grabs. Since Congress in August approved the laws governing the dissolution of Mexico's 75-...