Global stocks rebound, dollar and oil fall after Democrats' election victory
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Global markets rally as European shares hit two-month highs, US bond yields fall and currencies from Mexico to Canada gain.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+6.3% 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.
- TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d
iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “bond yields” (US interest rates) in this story.
- UUP Invesco DB US Dollar Index Bullish Fund+1.9% 30d
Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “currencies” (currencies) in this story.
- EWC iShares MSCI Canada ETF+0.9% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”).
- FXC Invesco CurrencyShares Canadian Dollar Trust+0.7% 9d
Invesco CurrencyShares Canadian Dollar Trust follows the Canadian dollar, whose moves this story covers.
- FXE Invesco CurrencyShares Euro Trust-0.3% 9d
Invesco CurrencyShares Euro Trust follows the euro, whose moves this story covers.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +5.38% | +6.75% | base | after close | after close | after close | after close |
| XLE | +2.64% | +4.95% | base | after close | after close | after close | after close |
| TLT | -0.09% | +0.94% | base | after close | after close | after close | after close |
| UUP | +0.22% | +0.02% | base | after close | after close | after close | after close |
| EWC | +2.17% | +0.68% | base | after close | after close | after close | after close |
| VGK | -0.30% | -0.05% | base | after close | after close | after close | after close |
| FXC | +0.00% | +0.00% | base | after close | after close | after close | after close |
| FXE | -0.20% | -0.15% | base | after close | after close | after close | after 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.
Global stocks rebound, dollar and oil fall after Democrats' election victory TRT World
Source: TRT World
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| EWC | three days earlier | +0.68% | final price |
| EWC | five days earlier | +2.17% | final price |
| FXC | three days earlier | 0.00% | final price |
| FXC | five days earlier | 0.00% | final price |
| FXE | three days earlier | -0.15% | final price |
| FXE | five days earlier | -0.20% | final price |
| TLT | three days earlier | +0.94% | final price |
| TLT | five days earlier | -0.09% | final price |
| United States Oil Fund (USO) | three days earlier | +6.75% | final price |
| United States Oil Fund (USO) | five days earlier | +5.38% | final price |
| UUP | three days earlier | +0.02% | final price |
| UUP | five days earlier | +0.22% | final price |
| VGK | three days earlier | -0.05% | final price |
| VGK | five days earlier | -0.30% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +4.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.64% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 21 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 65 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 21 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 42 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 63 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 70 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 72 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 75 days before publication. Filed 8 Oct 2026. View the filing.
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).
United States Oil Fund (USO) on one side of this energy story
Companies tied to this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Global stocks rebound, dollar and oil fall after Democrats' election victory.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Global stocks rebound, dollar and oil fall after Democrats' election victory.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Global stocks rebound, dollar and oil fall after Democrats' election victory.” 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
Chevron (CVX) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Global stocks rebound, dollar and oil fall after Democrats' election victory.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- COP Conocophillips
Conocophillips (COP) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Global stocks rebound, dollar and oil fall after Democrats' election victory.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- SHEL Shell
Shell (SHEL) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Global stocks rebound, dollar and oil fall after Democrats' election victory.” 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
United States Oil Fund (USO) and the energy link
The 4 Nov 2026 story “Global stocks rebound, dollar and oil fall after Democrats' election victory” names United States Oil Fund (USO) because of Energy.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
The price range for United States Oil Fund (USO), and the dates in the story
USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70. XOM traded between 172.72 and 188.47 across 16 sessions. The latest close on file is 177.51.
What the saved facts support for United States Oil Fund (USO)
46 out of 100
“Global stocks rebound, dollar and oil fall after Democrats' election victory” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.