Diamonds and Dogs
Energy sector was the best performing sector in August and so far in September as the price of oil surged nearly 2% to its highest level since November, after Saudi Arabia and Russia extended their voluntary supply cuts of a million barrels a day by three months to the end of this year.
The Dog goes to Disney (DIS) and Charter owned Spectrum (CHTR) following their dispute. Disney stock is modestly higher while Charter is down 2% as cable subscribers can not watch ESPN right now. Disney is telling customers to sign up for its Hulu streaming platform while Charter is more focused on their broadband business.
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