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Dow Drops 652 Points as Oil Prices Pop and Treasury Yields Rise: Stock Market Today

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ENERGYDow Drops 652 Points as Oil PricesPop and Treasury Yields Rise:Stock Market TodayGEOPOLITICS ALPHA

This report is about oil and US interest rates.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.9% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+8.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • TLT iShares 20+ Year Treasury Bond ETF-1.6% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “treasury yields” (US interest rates) in this story.

  • XOM ExxonMobil Holdings+6.2% 16d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+12.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • COP ConocoPhillips+4.8% 30d

    ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • SHEL Shell-2.5% 12d

    Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • JPM JPMorgan Chase+0.2% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “treasury yields” (US interest rates) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-5.13%-5.78%base————
XLE-2.19%-1.69%base————
TLT-2.31%-1.35%base+0.43%+0.40%-0.40%+0.26%
XOM-2.72%-2.80%base+0.41%-1.64%-0.62%-0.44%
CVX-3.81%-2.83%base-0.65%-2.02%-1.69%-0.77%
COPNo price data for this ticker———————
SHELNo price data for this ticker———————
JPM+0.58%+1.08%base+0.76%+1.28%+2.33%+3.53%

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Dow Drops 652 Points as Oil Prices Pop and Treasury Yields Rise: Stock Market Today Kiplinger

Source: Kiplinger

Energy

CompanyWhenMoveStatus
CVXthat day-0.65%final price
CVXthe next day-2.02%final price
CVXtwo days later-1.69%final price
CVXthree days later-0.77%final price
CVXthree days earlier-2.83%final price
CVXfive days earlier-3.81%final price
JPMthat day+0.76%final price
JPMthe next day+1.28%final price
JPMtwo days later+2.33%final price
JPMthree days later+3.53%final price
JPMthree days earlier+1.08%final price
JPMfive days earlier+0.58%final price
TLTthat day+0.43%final price
TLTthe next day+0.40%final price
TLTtwo days later-0.40%final price
TLTthree days later+0.26%final price
TLTthree days earlier-1.35%final price
TLTfive days earlier-2.31%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthat day+0.41%final price
XOMthe next day-1.64%final price
XOMtwo days later-0.62%final price
XOMthree days later-0.44%final price
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%final price
SPY
XLE

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Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100

“Dow Drops 652 Points as Oil Prices Pop and Treasury Yields Rise: Stock Market Today” scores 12 out of 100. The score uses 1 sources.