State Street SPDR S&P Oil & Gas Exploration & Production ETF
No enriched coverage for $XOP in the last 7 days.
Gasoline prices surged 9.1% in September, contributing over half of the 0.6% monthly inflation increase. The S&P 500 and Nasdaq fell, while the energy ETF XLE rose 0.64%. XLE's top holdings include Exxon Mobil and Chevron. Core inflation, excluding food and energy, rose 0.3%.
XOP may face pressure if crude prices retreat after the CPI shock.
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Gasoline prices surged 9.1% in September, contributing over half of the 0.6% monthly inflation increase. The S&P 500 and Nasdaq fell, while the energy ETF XLE rose 0.64%. XLE's top holdings include Exxon Mobil and Chevron. Core inflation, excluding food and energy, rose 0.3%.
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