
Sector Update: Energy Stocks Decline Late Afternoon

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Energy stocks declined with the NYSE Energy Sector Index and Energy Select Sector SPDR Fund each dropping 1.3%. Crude oil prices fell, while natural gas futures rose. US crude oil stocks decreased. The US plans to buy nuclear reactors with Japan's investment. TotalEnergies and Chevron are leading to buy a stake in Galp's oil discovery. Eversource Energy shares fell after a downgrade, while Constellation Energy shares rose after securing a loan.

