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Nike, Tesla, Rocket Lab, Occidental Petroleum, and More Stock Market Movers - Barron's

Barron's · last updated

Nike, Tesla, Rocket Lab, Occidental Petroleum, and More Stock Market Movers - Barron's

These Stocks Are Moving the Most Today: Nike, Tesla, Rocket Lab, Occidental Petroleum, and More

Updated Dec 22, 2023, 4:45 am EST / Original Dec 22, 2023, 4:13 am EST

Stock futures traded lower Friday as investors awaited the release of the Federal Reserve’s preferred measure of inflation, the personal consumption expenditures price index.

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Related Knowledge Center: ENERGY BASICS: petroleum

State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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