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NYSE:CVX 20 May 2026 - 29 June 2026

Refiners top oil majors among energy stocks in June 2026 as ETF weight shifts

Refiners top oil majors among energy stocks in June 2026 as ETF weight shifts

Energy stocks in the U.S. finished June mixed, a split that wasn’t obvious on the sector tape. The Energy Select Sector SPDR Fund dropped along with oil majors and services, while two big refiners gained. The June 29 session was a regular U.S. trading day; according to the NYSE’s 2026 calendar, Juneteenth is observed June 19, with the next stock-market closure for Independence Day on July 3. The table lists May 29 closing prices and Monday’s latest data, pulled from public market sources. June return figures and estimated XLE impacts come from those prices and State Street’s index weights.
Energy stocks this week: U.S. sector ETF holds flat as oil falls

Energy stocks this week: U.S. sector ETF holds flat as oil falls

Energy stocks in the U.S. head into a short week trading with a more defined separation than crude futures show. Brent crude has pulled back, shedding most of its war risk pricing. But the Energy Select Sector SPDR Fund isn’t tracking oil’s move down point for point. XLE finished at $53.84 on Friday, slipping 0.4% from Monday’s close, according to daily numbers from Investing.com. Brent crude ended the session Friday at $71.99 a barrel, dropping 10.86% since the Thursday before, with the market having closed for a public holiday last Friday.
Chevron (NYSE:CVX) Shares Move as Oil Drops and AI Power Pact Lands Before Holiday Week

Chevron (NYSE:CVX) Shares Move as Oil Drops and AI Power Pact Lands Before Holiday Week

Chevron shares are on the defensive as the holiday-shortened week starts, weighed by falling crude prices and a fresh AI data center initiative that sent investors back to their models. Chevron finished Friday at $171.06, down $1.18, or 0.69%, with about 13.1 million shares changing hands. The oil-stock play isn’t clear-cut right now. Chevron remains linked to crude, but it’s also telling investors these power contracts with tech firms could bring in more stable revenue. That’s steadier cash flow, less tied to oil-price moves.
Dow climbs but S&P 500 and Nasdaq dip after tech weakens

Dow climbs but S&P 500 and Nasdaq dip after tech weakens

Stocks on Wall Street ended the session uneven as tech names slipped late. The Dow Jones Industrial Average tacked on 177.19 points, or 0.34%, to 51,844.03, according to delayed FactSet data shown on MarketWatch. The S&P 500 ended down 9.88 points, or 0.13%, at 7,355.58, while the Nasdaq Composite lost 120.38 points, or 0.47%, to finish at 25,466.66. Stocks traded a normal schedule in the U.S. The NYSE's main hours were 9:30 a.m. to 4 p.m. ET, with the final auction held at 4 p.m. ET, according to New York Stock Exchange data.
Dow Jones (.DJI) Gains as Alphabet Drags on Nasdaq

Dow gains with Home Depot, 3M out front; Alphabet to enter index

Dow moves up Wednesday with Home Depot and 3M leading. Tech selling slowed, and weaker oil prices eased some pressure on U.S. stocks. Dow climbed 302.73 points, or 0.59%, to 51,969.57 at 10:46 a.m. EDT. S&P 500 gained 0.58% and Nasdaq Composite advanced 0.66%. The bounce in tech shares gave some lift to the Dow after a tech-driven selloff the day before.
Microsoft (NASDAQ:MSFT) Faces Questions on AI After Attempted Rebound

Microsoft (NASDAQ:MSFT) Faces Questions on AI After Attempted Rebound

Microsoft shares traded higher before the bell Tuesday, taking back some ground after dropping sharply Monday. Investors looked at the news of a new West Texas data center as AI tech stocks fell across the board. Microsoft traded at $371.54 as of 6:40 a.m. EDT, gaining 1.14% after closing Monday at $367.34. The stock dropped 3.18% in the last session, with 45.2 million shares changing hands. The Nasdaq Composite was down 1.32% and the S&P 500 edged 0.37% lower.
Dow Jones (.DJI) Gains as Alphabet Drags on Nasdaq

Dow Jones (.DJI) Gains as Alphabet Drags on Nasdaq

Dow Jones Industrial Average finished up on Monday, outperforming the S&P 500 and Nasdaq as traders moved into industrials and banks and took profits in Alphabet and other big tech stocks. The Dow added 145.10 points to end at 51,709.80 after the closing bell. It was the index's first full day of trading since the Juneteenth market holiday on Friday. The Dow Jones Industrial Average works unlike the Nasdaq. The Dow has 30 stocks and is price-weighted—stocks with higher prices swing it more, even if they’re smaller companies. That design let the Dow hold up better than tech this week.
Caterpillar’s AI power trade gets fresh proof as Microsoft-Chevron deal taps Solar Turbines

Caterpillar’s AI power trade gets fresh proof as Microsoft-Chevron deal taps Solar Turbines

IRVING, Texas, June 22, 2026, 11:03 CDT Caterpillar was pulled deeper into the artificial-intelligence power trade on Monday after Chevron said a Caterpillar unit would help supply capacity for Project Kilby, a 2.67-gigawatt natural-gas power development tied to a Microsoft-operated data center in West Texas. The project gives the heavy-equipment maker a concrete place in one of the largest U.S. co-located power-and-compute plans disclosed so far.
Microsoft slips 2.9% this holiday-shortened week as traders question cloud capacity

Microsoft Shares in Focus After Chevron AI Deal Raises Capex Questions

Microsoft pressed its push to secure AI growth on Monday, as Chevron took on a 20-year power deal for a West Texas data center that Microsoft says will get about 2 gigawatts of extra capacity. That’s become relevant as the market shifts its stance on Microsoft. Instead of a pure software name, investors have started splitting on what comes next—some bullish on Microsoft’s push as an enterprise AI play, others leaning bearish, with software stocks in general possibly setting up for a “massive topping pattern,” according to Kevin Dempter at Renaissance Macro Research in comments to Barron’s.
US Energy Shares Watch Strait of Hormuz After 6.6% Drop for the Week

US Energy Shares Watch Strait of Hormuz After 6.6% Drop for the Week

U.S. energy shares may see heavy swings at Monday’s open after Iran threatened again to block the Strait of Hormuz, a move that questions the basic reason for last week’s steep slide in oil stocks. Reuters, citing vessel tracking, reported no tankers passing the strait since Tehran’s statement on Saturday. The U.S. military, though, said the route is still open. S&P 500 energy stocks dropped 6.6% over four sessions. At the same time, the S&P 500 was up 0.93%. Investors saw the interim U.S.-Iran deal as opening the door for Gulf oil to come back into the market. U.S. exchanges didn’t open Friday for Juneteenth.
Exxon Mobil Drops With Oil After U.S.-Iran Deal

Exxon Mobil Drops With Oil After U.S.-Iran Deal

Exxon Mobil shares traded lower Monday after oil prices slid on news of a U.S.-Iran agreement. New York, June 15, 2026, 11:47 EDT Exxon Mobil shares slid Monday as oil prices sold off after the U.S. and Iran said they would end their war and reopen the Strait of Hormuz. Exxon last traded at $141.10, down about 4%. Shares hit a session low of $137.78. Brent crude dropped 5.02% to $82.95, while WTI lost 5.42% to $80.28 as of 10:54 a.m. EDT, according to Reuters.
Dow Sets Record, S&P 500 and Nasdaq Climb After US-Iran Deal; Oil Drops

Dow Sets Record, S&P 500 and Nasdaq Climb After US-Iran Deal; Oil Drops

Stocks jumped Monday, with investors turning to risk as a first-step U.S.-Iran deal took some pressure off Middle East oil worries. According to LSEG-delayed figures on Reuters, the Dow Jones Industrial Average added 648.99 points, or 1.27%, to 51,851.25. The S&P 500 was up 1.50% at 7,543.05, and the Nasdaq Composite ran ahead 2.35% to 26,496.47. Reuters said the Dow hit an intraday peak as gains spread out from tech shares. Stocks climbed after oil tumbled, easing some pressure on inflation and on company costs. Brent crude dropped 5.45% to $82.57, according to Reuters data. Reuters also reported oil was down around 5% after the U.S. and Iran agreed to a framework deal that could end their war and reopen the Strait of Hormuz. United Airlines rose 6.4%, Delta gained 4.1%, American Airlines added 5.2%, while Norwegian Cruise and Carnival were both up 5.2%. Oil producers slumped. Exxon Mobil and Chevron each fell about 5% as crude prices dropped.
Dow slips in New York after jobs data boosts rate-hike talk

Dow climbs to record, Oil falls before Fed meeting

Dow sets new intraday record, jumps 1.27% to 51,851.25 The Dow Jones Industrial Average hit an all-time intraday high Monday, up about 1.27% to 51,851.25, according to delayed LSEG figures reported by Reuters. Wall Street was higher as traders watched hopes for a U.S.-Iran deal that could reopen the Strait of Hormuz and potentially cool oil prices. The Dow is a price-weighted index of 30 major U.S. stocks, with higher-priced shares carrying more weight, S&P Dow Jones Indices says. Cheaper oil lifted transport, travel and consumer names as falling crude prices eased some cost pressure. U.S. crude lost about 5%, hitting its lowest since March after talk of a tentative U.S.-Iran agreement, Reuters said. Energy stocks fell. Shares of Exxon Mobil and Chevron were down nearly 5% each, and the S&P 500 energy index slipped 3.9%. Airlines and cruise operators rallied. United Airlines climbed 6.4%, Delta was up 4.1%, and American Airlines added 5.2%.
Oil stocks set for weekend as crude drops on Iran deal talk

Oil stocks set for weekend as crude drops on Iran deal talk

Energy names closed out the week in a tricky spot, with oil sharply lower but the group hanging on. Brent, the global benchmark, dropped 3.37% to $87.33 a barrel by Friday’s settlement. U.S. benchmark WTI fell 3.23% to $84.88, as markets started to consider the odds of a U.S.-Iran deal. Crude’s slump usually weighs on oil producers’ cash flow and share prices, while a higher oil price can help earnings and stocks. Energy shares were steadier than oil prices. XLE finished up 0.77% at $57.55 on Friday. Exxon Mobil added 0.27%, Chevron gained 0.74%, ConocoPhillips was up 1.40%, and Occidental Petroleum advanced 1.90%. For the five days, XLE held close to its June 5 close at $57.67. Investors didn’t completely step back from energy names after the late-week crude drop.
Iran War Oil Prices Drop Below $90 as Peace Deal Hopes Shake Energy Stocks

Iran War Oil Prices Drop Below $90 as Peace Deal Hopes Shake Energy Stocks

Oil prices fell sharply on Friday as hopes for a U.S.-Iran agreement pulled some of the war premium out of crude. Brent crude, the global benchmark used to price much of the world’s oil trade, was down 3.7% at $87.04 a barrel, while West Texas Intermediate, the U.S. benchmark, dropped 3.55% to $84.60, according to Reuters. Both contracts were at their lowest levels since April 17 after U.S. and Iranian officials said they were close to an agreement to halt the war in the Middle East. “The market thinks we’re closer to the deal,” Phil Flynn, senior analyst with Price Futures Group, told Reuters. The move matters for stocks because oil is a direct earnings driver for producers such as Exxon Mobil and Chevron. When crude rises, producers usually earn more per barrel, which can lift cash flow, dividends and buybacks; when crude falls, investors often mark down future profits. But the broader stock market can rise when oil falls because lower fuel costs ease inflation pressure and can support consumers, airlines, transport companies and retailers. On Friday, Exxon Mobil traded near $148.27, up about 1.1%, Chevron traded near $187.96, up about 1.2%, and the Energy Select Sector SPDR Fund,
Dow surges almost 930 points after the bell as oil drops on Iran strike reversal

Dow surges almost 930 points after the bell as oil drops on Iran strike reversal

Dow Jones bounces back after Thursday’s close, gaining 929.60 points, or 1.86%, to finish at 50,848.38. That’s up from Wednesday’s close at 49,918.78. The rebound lifts the index after the previous day’s selloff, but it’s still under last week’s 51,561.93 close for June 4. Stocks picked up speed after President Donald Trump called off planned military strikes on Iran. That move eased some nerves over a wider conflict in the region and helped calm energy markets. Reuters said U.S. stocks were already moving higher after losses on Wednesday, even before Trump’s announcement. Oil prices fell hard after the news.
Exxon, Chevron And 4 U.S. Energy Stocks To Watch Today As Oil Spikes On Iran Risk

Chevron Stock Holds Gains With Big Oil Earnings on Deck

Chevron Corp. goes into the week still holding a slight gain, withstanding Friday’s market selloff that hit its stock. Shares closed at $187.31, off 0.55%. The S&P 500 lost 2.6% and snapped a 10-week run without a loss. Chevron is in focus as timing comes into play. The company now offers a direct take on both high crude prices and a market that’s become less forgiving after a strong U.S. jobs report sent bond yields up.
Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

U.S. stocks traded mixed late Wednesday morning. The Dow gained, the S&P 500 hovered near flat, and the Nasdaq dipped as investors paused after setting new highs. Cheaper oil and uncertainty in the Middle East factored in. Reuters data from LSEG showed the S&P 500 at 7,521.43, up 0.03%, the Dow at 50,718.64, up 0.51%, and the Nasdaq at 26,638.26, down 0.07%. All values were delayed at least 15 minutes. Wall Street took a breather after the S&P 500 and Nasdaq set new records on Tuesday. AI demand and a surge in chip stocks drove those gains, with Micron hitting $1 trillion in market cap after UBS raised its price target. The market had been stretched, but not broken.
Chevron Faces Holiday Test With Oil Shock, Pump Prices and Hess Sale in Focus

Chevron Faces Holiday Test With Oil Shock, Pump Prices and Hess Sale in Focus

Chevron Corp. traded flat going into the long holiday weekend, with oil prices still high and criticism from California officials over pump prices. The company also disclosed in a filing that director John B. Hess sold a big stake. Chevron Corporation shares finished Friday at $191.43, up 0.22%. The stock traded from $189.80 to $192.00 during the session. With the New York Stock Exchange closed for Memorial Day on Monday, May 25, investors have to wait until Tuesday for the next regular-session print.
Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

Exxon Mobil and Chevron say oil markets aren’t factoring in the full impact from the shutdown of the Strait of Hormuz. Latest reserve and inventory numbers show governments are burning through stockpiles to keep fuel flowing. U.S. government sent out 9.9 million barrels from the Strategic Petroleum Reserve last week, setting a record as the buffer gets smaller. The International Energy Agency said commercial inventories are running down fast, with just “several weeks” left for some reserves.
20 May 2026
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Stock Market Today

  • SanDisk (NASDAQ: SNDK) drops 11% as traders rotate out of AI chips; Bank of America hikes target
    July 1, 2026, 3:37 PM EDT. SanDisk (NASDAQ: SNDK) fell 11% Wednesday, with AI chip stocks under pressure while AI software names saw more interest. The decline came even though Bank of America lifted its 12-month price target on SNDK from $2,100 to $2,500, pointing to strong NAND demand until at least 2027. Shares are still up 759% on the year after big gains on the AI chip trade. Some analysts are cautious; SanDisk didn't make Motley Fool's latest stock picks. Investors are cycling between software and chips in tech, weighing gains against future growth.
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