Energy stocks swim in red, NRG Enegy falls

07.02.2009 | 09:07:11 am | Posted by MarketWatch.com - MarketPulse

NEW YORK (MarketWatch) -- Energy stocks staged a bearish start on Thursday following a worse-than-expected monthly U.S. jobs report, lower crude prices and criticism over BP's bid to develop oil fields in Iraq. NRG Energy fell 3.5% to $25.13 despite Exelon's higher offer to buy the company. The NYSE Arca Oil Index fell 2.2% to 902. The NYSE Arca Natural Gas Index dropped 2.5% to 403. The Philadelphia Oil Service Index dropped 3.5% to 154. BP fell 1.5% to $47.25. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more inform...

 
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