Tuesday Sector Laggards: Oil & Gas Exploration & Production, Non-Precious Metals & Non-Metallic Mining Stocks
updated Tuesday, March 8, 10:20 AMIn trading on Tuesday, oil & gas exploration & production shares were relative laggards, down on the day by about 6.8%. Helping drag down the group were shares of Energy XXI (EXXI), off about 23.9% and shares of Bonanza Creek Energy (BCEI) down about 21.6% on the day.
Also lagging the market Tuesday are non-precious metals & non-metallic mining shares, down on the day by about 4.7% as a group, led down by Vale (VALE), trading lower by about 10.8% and Cliffs Natural Resources (CLF), trading lower by about 10.3%.
For MarketNewsVideo.com, I'm Sayoko Murase.