Stock Market Today: Dow Futures Edge Down Ahead of PPI Data

The dollar is strengthening, while Disney and Robinhood shares are active in premarket trading

Last Updated:

May. 11, 2023 at 8:14 AM EDT

1 hour ago

Hannah Miao

, Reporter

Shares of oil-and-gas companies led the market last year. This year, they are the biggest laggards.

Energy stocks are 2023's worst-performing S&P 500 sector, down 9.2%, compared with the broad index’s 7.8% gain.

Concerns about a slowing global economy and energy demand have weighed on oil and gas prices, taking shares of energy companies down with them.

Chevron Corp.

CVX (U.S.: NYSE)

Exxon Mobil Corp.

XOM (U.S.: NYSE)

Occidental Petroleum Corp.

OXY (U.S.: NYSE)