Baker Hughes a GE (NYSE:BHGE)
Historical Stock Chart
2 Months : From Aug 2019 to Oct 2019
By Amrith Ramkumar and Micah Maidenberg
Here are some of the companies with shares expected to trade actively in Monday's session:
Exxon Mobil, Chevron, ConocoPhillips -- Up 3.8%, 3.3% and 7.7%, respectively, premarket: Weekend attacks in Saudi Arabia disrupted oil facilities in the world's largest crude exporter, potentially boosting oil prices and shares of oil producers.
Schlumberger, Halliburton, Baker Hughes -- Up 7.7%, 7.3% and 4.8%, respectively, premarket: Oilfield-services and equipment companies including Schlumberger are also gaining following the attacks in Saudi Arabia.
Delta Air Lines, United Airlines, American Airlines -- down 3.6, 3.4% and 4.6% premarket: Fuel is a major operating expense for airlines, meaning any jump in oil prices could damp profits at carriers.
Apple Inc. -- Down 0.3% premarket: Walt Disney CEO Robert Iger resigned from the tech giant's board of directors last week, per a regulatory filing.
JPMorgan Chase & Co. -- Down 1.1% premarket: The bank has risen in eight consecutive sessions, the longest such stretch since February 2014, boosted by a rebound in Treasury yields. Higher rates support lending profitability.
Caterpillar Inc. -- Down 0.5% premarket: The maker of heavy machinery rallied 9% last week for its largest weekly gain since last November.
General Motors -- Down 2.2% premarket: Around 46,000 workers at General Motors walked off the job early Monday, the first strike at the auto maker in a dozen years.
Walgreens Boots Alliance Inc. -- Down 0.5% premarket: Shares of the drugstore chain rallied 6.5% last week, their best week since July 2015.
Freeport-McMoRan Inc. -- Up 0.1% premarket: The copper miner rebounded 14% last week with prices of the industrial metal climbing to their highest level since late July on hopes for an improved economic outlook.
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(END) Dow Jones Newswires
September 16, 2019 08:59 ET (12:59 GMT)
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