Get the newest inventory market news and analysis from the ground of the New York Stock Exchange. Losses were capped on the again of shopping for in auto shares a day after Bajaj Auto reported highest ever quarterly profit. The S&P energy ETF (XLE -2.7%) trails in at present’s sector standings as oil prices fell slightly after industry knowledge showed a shock enhance in U.S. crude inventories. Tudor additionally upgrades PBF Energy (PBF -2.9%) to Hold from Sell while doubling the price target to $8 from $4, as “no name benefits extra from bettering market circumstances given its operational and financial leverage.”
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