Why the Shine Has Come Off Clean-Energy Stocks -- Commodities Roundup - News Summed Up

Why the Shine Has Come Off Clean-Energy Stocks -- Commodities Roundup


TOP STORY:Why the Shine Has Come Off Clean-Energy StocksClean-energy stocks have fallen out of favor, with pressures created by rising interest rates outweighing supportive government policies. Excluding stocks that have been ejected from the S&P 500, SolarEdge ranks as the index's worst performer this year. Global energy consumption is likely to rise by 1.8% on year in 2024, with oil demand alone rising 1.7%. (dominic.chopping@wsj.com)--Metals Mixed as China Demand Remains Soft0753 GMT - Metal prices are mixed in early trading in London, with worries over demand keeping prices range-bound. (yusuf.khan@wsj.com)--Oil Continues Slide as Investors Eye Middle East Conflict0736 GMT - Oil prices are continuing to slide, amid worries that the wider Middle Eastern region could become embroiled in the current conflict in Israel.


Source: Wall Street Journal October 25, 2023 11:49 UTC



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