
Occidental Petroleum is getting snapped up as traders chase oil upside, but the move is less messy than the last few squeezes. The shares jumped 3.6% to $53.54 in afternoon action and hit a high at $54.88. Volume cleared 14 million. The Energy Select Sector SPDR Fund gained 1.1%, trading at $55.25.
Today’s highest-ranked model selections.
The catalysts most likely to move markets.
A surprise around the 0.10 forecast could shift the morning growth narrative and influence Treasury yields and the dollar before the opening bell.
The day’s largest scheduled equity report can move PDD and the broader China-internet / e-commerce complex through revenue growth, margins and Temu commentary.
Deliveries, margin progression and spending on AI-enabled mobility can affect U.S.-traded Chinese EV names and related technology suppliers.