Geopolitics Alpha

European stocks rise as tech rally spreads and oil prices fall

Published . Updated .

Covered by 2 outlets: Yahoo Finance, euronews.com.

Who covered it: Center 1 · Not rated 1. How we rate outlets

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European stocks rise as tech rally spreads and oil prices fall

Stocks rallied on Tuesday, extending a technology-led surge on Wall Street, as investors took advantage of lower prices following last week's rout. Falling oil prices added to the upbeat mood.View on euronews

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

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

  • XLE Energy Select Sector SPDR+6.9% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”).

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • SHEL Shell+2.7% 10d

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

  • BP BP p.l.c+12.3% 9d

    BP p.l.c (petroleum refining, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+3.0% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+10.89%+3.88%baseafter closeafter closeafter closeafter close
XLE+7.65%-0.44%baseafter closeafter closeafter closeafter close
BWET+44.12%+15.72%baseafter closeafter closeafter closeafter close
VGK-2.67%-1.78%baseafter closeafter closeafter closeafter close
XOM+7.73%+0.33%baseafter closeafter closeafter closeafter close
SHEL+5.41%+1.27%baseafter closeafter closeafter closeafter close
BP+6.74%+0.29%baseafter closeafter closeafter closeafter close
CVX+6.86%+1.02%baseafter closeafter closeafter closeafter close

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.

European stocks rise as tech rally spreads and oil prices fall Yahoo Finance UK

Source: Yahoo Finance

Energy

CompanyWhenMoveStatus
BPthree days earlier+0.29%final price
BPfive days earlier+6.74%final price
BWETthree days earlier+15.72%final price
BWETfive days earlier+44.12%final price
CVXthree days earlier+1.02%final price
CVXfive days earlier+6.86%final price
SHELthree days earlier+1.27%final price
SHELfive days earlier+5.41%final price
USOthree days earlier+3.88%final price
USOfive days earlier+10.89%final price
VGKthree days earlier-1.78%final price
VGKfive days earlier-2.67%final price
XLEthree days earlier-0.44%final price
XLEfive days earlier+7.65%final price
XOMthree days earlier+0.33%final price
XOMfive days earlier+7.73%final price

Congressional trades in the stocks in this story

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

25 out of 100

“European stocks rise as tech rally spreads and oil prices fall” scores 25 out of 100. The score uses 2 sources.