Oil prices settle lower; market pulls back from afternoon highs
9/19/23 3:05 PM ET (Briefing.com)Print
The major indices are pulling back from their afternoon highs, following the lead of mega cap stocks.The Vanguard Mega Cap Growth ETF (MGK) was trading flat a short time ago, but sports a 0.4% decline now. The market-cap weighted S&P 500 is also down 0.4% while the Invesco S&P 500 Equal Weight ETF (RSP) shows a 0.2% decline. WTI crude oil futures ultimately settled slightly lower than yesterday, down 0.04% to $90.49/bbl. The S&P 500 energy sector (-1.2%) remains buried in last place among the 11 sectors.