U.S. Stock Futures Gain as Oil Retreats; Big Tech Earnings and Fed Meeting Awaited
Published . Updated .
This report is about oil and AI and big tech.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+8.2% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+7.4% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- QQQ Invesco QQQ-0.7% 16d
Invesco QQQ: it holds the big tech and AI names. Linked by “big tech” (AI and big tech) 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.
- XOM ExxonMobil Holdings+11.0% 11d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- MSFT Microsoft+3.7% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “big tech” (AI and big tech) in this story.
- CVX Chevron+9.9% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- GOOGL Alphabet-8.4% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “big tech” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | -5.13% | -5.78% | base | -2.94% | after close | after close | after close |
| XLE | -2.19% | -1.69% | base | -0.41% | after close | after close | after close |
| QQQNo price data for this ticker | — | — | — | — | — | — | — |
| TLTNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | -2.72% | -2.80% | base | -0.51% | after close | after close | after close |
| MSFTNo price data for this ticker | — | — | — | — | — | — | — |
| CVX | -3.75% | -2.77% | base | -0.81% | after close | after close | after close |
| GOOGLNo 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.
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U.S. Stock Futures Gain as Oil Retreats; Big Tech Earnings and Fed Meeting Awaited Barchart.com
Source: Barchart.com
How far United States Oil Fund (USO) has moved since 26 Oct 2026
| Company | When | Move | Status |
|---|---|---|---|
| CVX | that day | -0.81% | still updating |
| CVX | three days earlier | -2.77% | final price |
| CVX | five days earlier | -3.75% | final price |
| United States Oil Fund (USO) | that day | -2.94% | still updating |
| United States Oil Fund (USO) | three days earlier | -5.78% | final price |
| United States Oil Fund (USO) | five days earlier | -5.13% | final price |
| Select Sector Spdr Tr (XLE) | that day | -0.41% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | -1.69% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -2.19% | final price |
| XOM | that day | -0.51% | still updating |
| XOM | three days earlier | -2.80% | final price |
| XOM | five days earlier | -2.72% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 56 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 87 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 26 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 28 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Microsoft (MSFT), worth $1,001 - $15,000 on 24 Sep 2026. That is 32 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 33 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 54 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 61 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 42 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 52 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 60 days before publication. Filed 12 Sep 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).
Companies in energy around United States Oil Fund (USO)
Likely winners
- USO United States Oil Fund
In “U.S. Stock Futures Gain as Oil Retreats; Big Tech Earnings and Fed Meeting Awaited,” United States Oil Fund (USO) tends to benefit, medium confidence. Reason on file: This fund moves with oil prices. Linked by “oil + futures” in this story
- XLE Select Sector Spdr Tr
For “U.S. Stock Futures Gain as Oil Retreats; Big Tech Earnings and Fed Meeting Awaited,” Select Sector Spdr Tr (XLE) tends to benefit, medium confidence. Reason on file: A fund of energy companies. Linked by “oil + futures” in this story
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
For “U.S. Stock Futures Gain as Oil Retreats; Big Tech Earnings and Fed Meeting Awaited,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) tends to benefit, medium confidence. Reason on file: A fund of oil and gas producers. Linked by “oil + futures” in this story
- OIH Vaneck Vectors Etf
Vaneck Vectors Etf (OIH) tends to benefit, medium confidence in the 26 Oct 2026 story “U.S. Stock Futures Gain as Oil Retreats; Big Tech Earnings and Fed Meeting Awaited.” Reason on file: Oilfield services rise when drilling follows oil prices. Linked by “oil + futures” in this story
No up or down call on file
- BNO United States Brent Oil Fund
In “U.S. Stock Futures Gain as Oil Retreats; Big Tech Earnings and Fed Meeting Awaited,” United States Brent Oil Fund (BNO) is linked, with no stored direction, medium confidence. Reason on file: Tracks Brent, the global crude benchmark. Linked by “oil + futures” in this story
United States Oil Fund (USO) and the energy link
On 26 Oct 2026, “U.S. Stock Futures Gain as Oil Retreats; Big Tech Earnings and Fed Meeting Awaited” is the story that connects United States Oil Fund (USO) to Energy.
The link for United States Oil Fund (USO) is this: This fund moves with oil prices. Linked by “oil + futures” in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: A fund of energy companies. Linked by “oil + futures” in this story
Dates in the story, and the United States Oil Fund (USO) price range
BNO traded between 58.70 and 71.28 across 20 sessions. The latest close on file is 70.98. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 169.55. XLE traded between 60.95 and 69.72 across 20 sessions. The latest close on file is 69.32.
A simple score for United States Oil Fund (USO)
40 out of 100Price not final
“U.S. Stock Futures Gain as Oil Retreats; Big Tech Earnings and Fed Meeting Awaited” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.