Tuesday Sector Laggards: Oil & Gas Exploration & Production, Non-Precious Metals & Non-Metallic Mining Stocks
updated Tuesday, May 3, 12:53 PMIn trading on Tuesday, oil & gas exploration & production shares were relative laggards, down on the day by about 5.5%. Helping drag down the group were shares of Pacific Drilling (PACD), off about 22.3% and shares of Legacy Reserves (LGCY) off about 18% on the day.
Also lagging the market Tuesday are non-precious metals & non-metallic mining shares, down on the day by about 5% as a group, led down by Olympic Steel (ZEUS), trading lower by about 13.4% and Freeport-McMoran Copper & Gold (FCX), trading lower by about 9.6%.
For MarketNewsVideo.com, I'm Sayoko Murase.