Geopolitics Alpha

S&P 500, Nasdaq advance as oil eases ahead of Fed decision

Published . Updated .

ENERGYS&P 500, Nasdaq advance as oileases ahead of Fed decisionGEOPOLITICS 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+2.7% 30d

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

  • XLE Energy Select Sector SPDR+5.6% 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 “fed” (US interest rates) in this story.

  • JPM JPMorgan Chase-5.5% 30d

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

  • BAC Bank of America-15.0% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • XOM ExxonMobil Holdings+11.8% 12d

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

  • CVX Chevron+6.5% 30d

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

  • COP ConocoPhillips+12.1% 30d

    ConocoPhillips (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-3.36%-2.27%base-1.70%after closeafter closeafter close
XLE-2.42%-2.96%base-1.65%after closeafter closeafter close
TLTPrices arriving within minutes———after closeafter closeafter closeafter close
JPMPrices arriving within minutes———after closeafter closeafter closeafter close
BACPrices arriving within minutes———after closeafter closeafter closeafter close
XOM-3.61%-3.44%base-1.47%after closeafter closeafter close
CVX-2.74%-2.34%base-1.40%after closeafter closeafter close
COP-3.61%-3.79%base-2.05%after 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.

Market Call

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S&P 500, Nasdaq advance as oil eases ahead of Fed decision Kitco

Source: Kitco

United States Oil Fund (USO) since this story, compared with the market

CompanyWhenMoveStatus
Conocophillips (COP)that day-2.05%still updating
Conocophillips (COP)three days earlier-3.79%final price
Conocophillips (COP)five days earlier-3.61%final price
Chevron (CVX)that day-1.40%still updating
Chevron (CVX)three days earlier-2.34%final price
Chevron (CVX)five days earlier-2.74%final price
United States Oil Fund (USO)that day-1.70%still updating
United States Oil Fund (USO)three days earlier-2.27%final price
United States Oil Fund (USO)five days earlier-3.36%final price
Select Sector Spdr Tr (XLE)that day-1.65%still updating
Select Sector Spdr Tr (XLE)three days earlier-2.96%final price
Select Sector Spdr Tr (XLE)five days earlier-2.42%final price
ExxonMobil Holdings (XOM)that day-1.47%still updating
ExxonMobil Holdings (XOM)three days earlier-3.44%final price
ExxonMobil Holdings (XOM)five days earlier-3.61%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 collects and who pays in energy

Companies carried with this story

  • USO United States Oil Fund

    For “S&P 500, Nasdaq advance as oil eases ahead of Fed decision,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. 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 27 Oct 2026 story “S&P 500, Nasdaq advance as oil eases ahead of Fed decision.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • TLT Ishares Tr

    Ishares Tr (TLT) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “S&P 500, Nasdaq advance as oil eases ahead of Fed decision.” Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

  • XOM ExxonMobil Holdings

    In “S&P 500, Nasdaq advance as oil eases ahead of Fed decision,” ExxonMobil Holdings (XOM) is linked, with no stored direction, 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 “S&P 500, Nasdaq advance as oil eases ahead of Fed decision,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • JPM Jpmorgan Chase

    For “S&P 500, Nasdaq advance as oil eases ahead of Fed decision,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • BAC Bank Of America

    Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “S&P 500, Nasdaq advance as oil eases ahead of Fed decision.” Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • COP Conocophillips

    In “S&P 500, Nasdaq advance as oil eases ahead of Fed decision,” 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

How energy news reaches United States Oil Fund (USO)

The 27 Oct 2026 story “S&P 500, Nasdaq advance as oil eases ahead of Fed decision” 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

TLT traded between 76.44 and 81.94 across 20 sessions. The latest close on file is 79.46. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.26. XLE traded between 60.95 and 69.86 across 20 sessions. The latest close on file is 69.64.

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

46 out of 100Price not final

“S&P 500, Nasdaq advance as oil eases ahead of Fed decision” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.