Reply To: Traders Market Weekly: Reasoning Inflation and Market Authenticity

31 Jul '23 at 10:08 am #63202

Participant

The S&P 500 energy sector (+1.8%) continues to outperform by a wide margin. Chevron (CVX 162.93, +4.06, +2.6%) is a top performer after being upgraded to Buy from Neutral at Goldman Sachs.

Oil prices have been climbing. WTI crude oil futures are up 0.6% to $81.09/bbl.

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