Norway used oil revenue to build its pension fund into a $1 trillion behemoth. Now, the fund plans to dump its oil and gas stocks to reduce the country's overall exposure to the industry.
|
| |
| | | +187.08 | | +55.42 | | +21.02 | | 23,458.36 | | 6,793.29 | | 2,585.64 | | +0.80% | | +0.82% | | +0.82% | | YTD +18.70% | | YTD +26.20% | | YTD +15.49% | | | |
| |
| Biggest Winners | | NetApp Inc | +15.91% | | | | Wal-Mart Stores Inc | +10.90% | | | | J M Smucker Co | +9.52% | | | | PayPal Holdings Inc | +5.82% | | | Biggest Losers | | Viacom Inc | -3.74% | | | | Best Buy Co Inc | -3.58% | | | | Travelers Companies Inc | -2.17% | | | | Norwegian Cruise Line Holdings Ltd | -2.00% | | | | | |
| Hottest ETF |  | | | NYSE Market Volume |  | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $55.18 | -0.15 / -0.27% | | | Gold | $1,278.20 | +0.50 / +0.04% | | | 10-yr | 2.36% | +0.03 / +1.11% | | | Euro | $1.18 | +0.00 / +0.00% | | |
| News: What you need to know about the markets | | | | | | Norway's $1 trillion pension fund wants out of oil stocks
| | Norway used oil revenue to build its pension fund into a $1 trillion behemoth. Now, the fund plans to dump its oil and gas stocks to reduce the country's overall exposure to the industry. Read more » | | | Goldman Sachs CEO says U.K. should vote again on Brexit
| | Goldman Sachs CEO Lloyd Blankfein isn't done tweeting about Brexit. Read more » | | | Siemens is cutting 6,900 jobs, mostly in Germany and U.S.
| | The industrial giant said its power generation business faces increased competition from renewables. Read more » | | | Putin extends lifeline to cash-strapped Venezuela
| | Russia agreed to restructure $3.15 billion of debt that Venezuela owes it. It's the latest sign that President Vladimir Putin is Venezuela's last resort for a bailout as the South American nation dives deep into crisis. Read more » | | | Walmart is killing Target and making Amazon sweat
| | It beat Wall Street forecasts for sales and profit and improved its forecast for holiday shopping. Walmart is winning the Amazon way. Read more » | | | VW has a $12 billion plan for electric cars in China
| | VW and its local partners are aiming to develop and produce as many as 40 new electric vehicle models in China between now and 2025. Read more » | | | | | | | | | |
| |
Hi, let us know what you
think of this newsletter! | | | Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNowFeedback@turner.com | | |
| |
| |
| |
| | Tips, thoughts or questions are always welcome at
MarketsNowFeedback@turner.com | | | ® © 2016 Cable News Network Inc.
A Time Warner Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNNMoney's "Markets Now" newsletter.
Our Mailing address is:
Cable News Network, Inc.
Attention: Privacy Policy Coordinator
One CNN Center, 13 North
Atlanta, GA 30303 | | | | |
