Our Privacy Statment & Cookie Policy
All LSEG websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.
As the probability of a Biden win and a Democrat clean sweep has increased, markets have responded by moving out of US oil, gas and coal stocks. Biden’s spending plans are directed more towards cleaner infrastructure and renewable energy sources than his Republican opponent. Changing investor sentiment is shown by the outperformance of US alternative energy stocks, although this sector has also benefitted from its exposure to the tech rally. The underperformance of traditional energy stocks relative to the S&P500, in spite of the partial recovery in oil prices since the pandemic-related fall, provides more evidence that investors are no longer embracing non-renewables.
Refresh this chart in your browser | Edit the chart in Datastream
________________________________________________________________________________________
Financial time series database which allows you to identify and examine trends, generate and test ideas and develop view points on the market.
Refinitiv offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Find out more.
This week’s local elections reaffirmed the poor prospects for the UK’s governing ...
The Bank of Japan kept interest rates unchanged at its April meeting on Friday, ...
There is a paradox in the state of the US economy that is creating something of a ...
The Chicago Board of Exchange’s volatility index, simply known as VIX, flickered into ...