
Chevron Corp shares are set to draw attention when U.S. markets open Monday following a Bloomberg News report that the U.S. is in discussions with Chevron and others about swift repairs to boost Venezuela’s crude output. The stock closed Friday up 0.04% at $166.72. According to the report, the plan could add several hundred thousand barrels per day with minimal new investment. Reuters could not immediately confirm the story, and neither the White House nor Chevron replied to requests for comment.
Today’s highest-ranked model selections.
The catalysts most likely to move markets.
A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.
Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.
Guidance can influence software multiples and sentiment around U.S. small-business activity.