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0 -0.000465983224603987 -0.00931966449207825 -0.00489282385834112 0.0111835973904939 0.0195712954333645 0.0205032618825723 0.033084808946878
Stock impact report

A lot of negativity has already been priced into energy stocks, traders say [CNBC]

Federated Hermes, Inc. (FHI) 
Last federated hermes, inc. earnings: 4/30 04:17 pm Check Earnings Report
Company Research Source: CNBC
VIDEO2:2402:24: Why energy has remained the only positive sector this weekCall it an S&P bright spot.S&P 500The Sector SPDR Fundoil prices fellLast week,crudeWest Texas Intermediatenegative territoryWhile low oil prices will likely weigh on energy stocks as stay-at-home orders keep a lid on demand, the group could be turning higher on a different catalyst, Steve Chiavarone, a portfolio manager, equity strategist and vice president at Federated Hermes, told CNBC's"""I think what the stocks are trading on ... is thevirus dataRestarting the economy is "a function of the virus data and how well that's under control," so, it could be a major driving force for energy stocks as some U.S. states move forward with plans to reopen businesses."I think virus data that shows that maybe we're past the peak," Chiavarone said. "We're able to look through, see that reopening of the economy, see that increase in demand, and that's what's being anticipated in the share prices."Craig Johnson, senior tec Show less Read more
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