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Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com

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Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com

Global stocks are mixed as European markets edge lower after AI-related stocks boosted benchmarks in Tokyo and Seoul. U.S. futures edged higher and oil prices rose on renewed supply concerns.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+4.8% 30d

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

  • XLE Energy Select Sector SPDR+6.5% 30d

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

  • QQQ Invesco QQQ+1.7% 18d

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • BWET Breakwave Tanker Shipping ETF+54.8% 19d

    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”).

  • EWJ iShares MSCI Japan ETF-0.2% 30d

    iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“tokyo”).

  • XOM ExxonMobil Holdings+9.0% 13d

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

  • SHEL Shell+0.1% 13d

    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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-2.37%+3.62%baseafter closeafter closeafter closeafter close
XLE-0.12%+1.60%baseafter closeafter closeafter closeafter close
QQQNo price data for this ticker———————
BWETNo price data for this ticker———————
VGKNo price data for this ticker———————
EWJNo price data for this ticker———————
XOM-1.00%+1.85%baseafter closeafter closeafter closeafter close
SHELNo price data for this ticker———————

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.

Market Call

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Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com KTVN

Source: KTVN

United States Oil Fund (USO) compared with energy stocks (XLE) since 28 Oct 2026

CompanyWhenMoveStatus
United States Oil Fund (USO)three days earlier+3.62%final price
United States Oil Fund (USO)five days earlier-2.37%final price
Select Sector Spdr Tr (XLE)three days earlier+1.60%final price
Select Sector Spdr Tr (XLE)five days earlier-0.12%final price
ExxonMobil Holdings (XOM)three days earlier+1.85%final price
ExxonMobil Holdings (XOM)five days earlier-1.00%final price

Trades by members of Congress and officials 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).

Who gains and who loses around United States Oil Fund (USO)

Likely winners

  • XOM ExxonMobil Holdings

    For “Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    For “Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

No up or down call on file

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    For “Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • COP Conocophillips

    In “Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    In “Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

How energy news reaches United States Oil Fund (USO)

United States Oil Fund (USO) is the company in “Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com,” the 28 Oct 2026 Energy story.

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

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

Price levels for United States Oil Fund (USO)

USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 163.62. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.23. XOM traded between 164.06 and 184.89 across 13 sessions. The latest close on file is 179.88.

How strong the case is around United States Oil Fund (USO)

46 out of 100

“Global shares are mixed after US stock rally, and oil prices gain more than 1% | National News | 2news.com” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.