NYSE:COP - New York Stock Exchange, Inc. - US20825C1045 - Common Stock
Defense stocks are moving lower Wednesday after Israel and Hamas verbally agreed on a ceasefire in Gaza.
Morgan Stanley has promoted Lily Mahdavi and Ben Teasdale to co-lead its mergers and acquisitions team in the Americas, according to a person familiar with the situation.
It has a 22.8% weighting in ExxonMobil (NYSE: XOM), a 13.3% weighting in Chevron (NYSE: CVX), and a 6.6% weighting in ConocoPhillips (NYSE: COP). Here's why the top-heavy nature of the Vanguard Energy ETF could be a good thing and why the fund is worth buying now. The energy sector is unique because the competition is high, and it is sensitive to changes in oil and gas prices.