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Global oil prices have gained nearly 15% since March as investors count the cost of continue OPEC production cuts and the threat of supply disruption from Iran linked to nuclear treaty sanctions, but most energy-related stocks have yet to follow suit.
Believe it or not, not all of corporate America is looking at the new tax code like kids in a candy store.
Oil is trading near multi-year highs, so investors should take notice.
Earlier today Walmart announced bonuses for its employees.
These companies announced billion-dollar charges related to the GOP tax bill that was signed into law.
Barclays will have to pay more than $1 billion and Royal Dutch Shell expects to pay north of $2 billion.
Dow gains some 28 points, while S&P 500 and Nasdaq inch higher in quiet post-holiday trading.
Shell unveils the next chapter of its award-winning #makethefuture campaign with a unique music video called 'On Top of the World', showcasing clean energy initiatives
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