Daimler AG
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Consumer Discretionary : Automobiles | Large Cap Value
Based in Germany
Company profile

Daimler AG (Daimler) is a Germany-based automotive engineering company. The Company engages in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Its segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services. The Mercedes-Benz Cars segment includes vehicles of the Mercedes-Benz brand, including the brands, Mercedes-AMG and Mercedes-Maybach, and small cars under the smart brand, as well as the Mercedes me brand. The Daimler Trucks segment develops and produces vehicles under the brands, including Mercedes-Benz, Freightliner, Western Star, FUSO and BharatBenz. The Mercedes-Benz Vans sells vans under the brand name Mercedes-Benz and the Freightliner brand. The Daimler Buses segment sells completely built-up buses under brand names, including Mercedes-Benz and Setra. The Daimler Financial Services segment supports the sales of its automotive brands worldwide.

Closing Price
$80.30
Day's Change
1.00 (1.26%)
Bid
--
Ask
--
B/A Size
--
Day's High
80.74
Day's Low
79.97
Volume
(Light)
Volume:
12,253

10-day average volume:
21,284
12,253

Energy sector sees broad, sharp gains as crude oil prices head for 3-month high

2:47 pm ET November 23, 2020 (MarketWatch)
Print

The energy sector enjoyed a broad, and in many cases sharp, rally in afternoon trading Monday, as crude oil prices rose to a 3-month high (http://www.marketwatch.com/story/oil-prices-rise-remain-buoyed-by-vaccine-progress-11606138242) on increasing hopes that a potential COVID-19 vaccine would fuel and economic recovery and spark demand for oil. The SPDR Energy Select Sector exchange-traded fund (XLE) ran up 5.8%, toward the highest close since Aug. 17, with all 25 of its equity components trading higher. The ETF was biggest gainer of the 11 SPDR sector ETFs tracking the S&P 500's 11 key sectors. The biggest gainers were Occidental Petroleum Corp.'s stock (OXY), which soared 15.5%, and Diamondback Energy Inc.'s stock (FANG), which shot up 10.8%. Crude oil futures climbed 1.5% to $43.05, toward the highest close since Aug. 26. Among other more-active stocks in the energy ETF, shares of Marathon Oil Corp. (MRO) hiked up 6.6%, Exxon Mobil Corp. (XOM) advabced 5.4%, Kinder Morgan Inc. (KMI) climbed 2.8% and Halliburton Co. (HAL) hiked up 9.0%. In comparison, the S&P 500 tacked on 0.4%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 23, 2020 14:47 ET (19:47 GMT)

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