The Nasdaq Composite Index COMP, -0.08% slipped 3.98 points, or less than 0.1%, to close at 4,752.74. Earlier in the session, the Nasdaq had traded as high as 24 points and as low as 22 points off.
“The S&P 500 has been moving in lockstep with crude oil prices over the past few weeks,” said Arthur Hogan, chief market strategist at Wunderlich Securities, suggesting fear and sentiment are driving markets right now.
“In energy, we can’t say what’s due to short covering and what’s being driven by supply and demand,” Luschini said. “There’s still a lot of speculation in [oil], and investors are still looking for a bottom.”
Tenaris SA (ADR) (NYSE:TS) finished last trade at $24.73, lose -2.19%. Trading volume recorded for this company was about 2.74 million shares as compared to its average volume of 3.16 million shares while its 52 week high is $46.19. The company has the total of 1.18 million outstanding shares while its market capitalization is now about $14.92 Billion. Tenaris SA (ADR) (NYSE:TS) offers products for oil and gas drilling operations that contain casings and tubings, premium connections, drill pipes, coiled tubing, hot-rolled and cold-drawn tubes, tubular and non-tubular accessories, and devices, as well as technical consulting, pipe management, and field services.
EXCO Resources Inc. (NYSE:XCO) closed at $ 0.853, down -5.22%, on volume of over 2.72 million shares. The company has an average trading volume of 2.57 million shares. Its market capitalization was $244.56 Million. EXCO Resources Inc. (NYSE:XCO) declared that it will hold a special meeting of shareholders on Monday, November 16, 2015 at 2:00 p.m., central time, at EXCO’s corporate office located at 12377 Merit Drive, First Floor Conference Center, Dallas, Texas.
Total SA (ADR) (NYSE:TOT) traded with -0.77% lost momentum to $44.06 in the latest trading session It captured $107.38 billion in market value. The total number of shares traded on the latest trading day was about 2.69 million shares. The day started out with an opening price of $44.97 and changed hands at price range of $43.88 to $44.97 apiece. Total SA (ADR) (NYSE:TOT) operates through three segments: Upstream, Refining & Chemicals, and Marketing & Services. The Upstream segment explores and produces oil and gas; ships, trades, and markets natural gas, liquefied natural gas, and liquefied petroleum gas (LPG); generates power; and mines and markets coal.