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Oil Holds Onto Gains as Iran Keeps Investors on Edge
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Energy stocks close higher as oil jumps on Iran sanctions; XLE, Exxon and Chevron in focus next week
New York, January 24, 2026, 13:15 EST — Market closed U.S. energy shares climbed Friday, boosted by a surge in crude prices ahead of the weekend. The Energy Select Sector SPDR Fund (XLE), which tracks S&P 500 energy firms, ended up 0.6% at $49.19. (StockAnalysis) The S&P 500 Energy sector index rose 0.6%, outpacing the sluggish broader market as the S&P 500 inched up just 0.1% on the day. This divergence is significant for money managers, who ha…
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