Wall Street Week Ahead Recession fears pose a challenge for energy stocks after a stellar year
NEW YORK, Jan. 27 (Reuters) – A possible US recession and tough comparisons to 2022 weigh on prospects for energy stocks that will return to last year’s impressive trajectory, despite valuations that are still seen as relatively cheap. The S&P 500 (.SPNY) energy sector is up 4.2% year-to-date, lagging slightly behind the broader index (.SPX). … Read more