As oil prices surge, the Dow is missing ExxonMobil

As oil prices surge, the Dow is missing ExxonMobil

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe

Thursday, June 9, 2022

Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared.

ExxonMobil (XOM) surged to its first new high in eight years on Wednesday.

Unfortunately, the Dow Jones Industrial Average (^DJI) isn’t benefiting from the oil major’s 70% gain this year.

And neither are…


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