September natural gas futures stretched their losing streak to five for the week on Friday but relative to the economy-dependent crude oil market fared reasonably well.
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Energy Stocks Weather First Day of Post Terrorist Trading
Energy stocks fared fairly well yesterday — i.e. losses were moderate — during the first day of trading on the New York Stock Exchange following the terrorist attacks last Tuesday that left a gaping hole in New York City’s financial district. There were only a few companies that escaped red ink, but the across-the-board losses for the most part stayed in the moderate range.
September 18, 2001