Geopolitics Alpha

Stocks Shake Off CPI Report and Rally on Lower Oil Prices

Published . Updated .

The S&P 500 Index ($SPX ) (SPY ) on Friday rose by +0.86%, the Dow Jones Industrial Average ($DOWI ) (DIA ) rose by +0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose by +0.91%. E-mini S&P futures (ESU26 ) rose +0.83%, and September E-mini Nasdaq futures (NQU26...

Directly affected

  • NDAQ Nasdaq

    Named in this report.

Indirectly affected

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips

    Oil producers earn more when crude prices rise

  • XLI Industrial Select Sector SPDR

    A fund of industrial companies

  • CAT Caterpillar

    A large machinery maker

  • VLO Valero

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR

    A fund of energy companies

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
NDAQ———————
XOM———————
CVX———————
OXY———————
COP———————
XLI———————
CAT———————
VLO———————
MPC———————
XOP———————
XLE———————

The S&P 500 Index ($SPX ) (SPY ) on Friday rose by +0.86%, the Dow Jones Industrial Average ($DOWI ) (DIA ) rose by +0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose by +0.91%. E-mini S&P futures (ESU26 ) rose +0.83%, and September E-m…

Source: Nasdaq Markets

United States Oil Fund (USO) since “Stocks Shake Off CPI Report and Rally on Lower Oil Prices,” compared with the market

Since the first closing price after “Stocks Shake Off CPI Report and Rally on Lower Oil Prices,” United States Oil Fund (USO) is +2.66%. The S&P 500 fund (SPY) is +0.77% over the same days, a +1.89% difference versus the market. energy stocks (XLE) is +5.05%, a -2.39% difference versus that group of stocks.

USO
SPY
XLE

Who is named in “Stocks Shake Off CPI Report and Rally on Lower Oil Prices”

Companies tied to this story

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, high confidence in the 12 Sep 2026 story “Stocks Shake Off CPI Report and Rally on Lower Oil Prices.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf

    State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence in the 12 Sep 2026 story “Stocks Shake Off CPI Report and Rally on Lower Oil Prices.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • BNO United States Brent Oil Fund

    United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 12 Sep 2026 story “Stocks Shake Off CPI Report and Rally on Lower Oil Prices.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XLE Select Sector Spdr Tr

    For “Stocks Shake Off CPI Report and Rally on Lower Oil Prices,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • UGA United States Gasoline Fund

    United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “Stocks Shake Off CPI Report and Rally on Lower Oil Prices.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • GSG iShares S&P GSCI Commodity-Indexed Trust

    In “Stocks Shake Off CPI Report and Rally on Lower Oil Prices,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • DBA Invesco Db Agriculture Fund

    Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “Stocks Shake Off CPI Report and Rally on Lower Oil Prices.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • MOO Vaneck Etf Trust

    Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “Stocks Shake Off CPI Report and Rally on Lower Oil Prices.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

United States Oil Fund (USO) and the energy link

The 12 Sep 2026 story “Stocks Shake Off CPI Report and Rally on Lower Oil Prices” names United States Oil Fund (USO) because of Energy.

The link for United States Oil Fund (USO) is this: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is here too. Its reason reads: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

The price range for United States Oil Fund (USO), and the dates in the story

BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.

What the saved facts support for United States Oil Fund (USO)

46 out of 100

“Stocks Shake Off CPI Report and Rally on Lower Oil Prices” scores 46 out of 100. The score uses 1 sources, and 19 linked companies.