Stocks Near Records as Tariffs Seen as Growth Drag
Softer inflation supports equities, but rising Treasury yields and Venezuelan oil headlines keep policy risks elevated.
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Softer inflation supports equities, but rising Treasury yields and Venezuelan oil headlines keep policy risks elevated.
Markets priced rapid Venezuela oil gains, but sanctions, capital needs, and Chevron’s stance suggest years, not months.
Output has collapsed below 1 million bpd, and rebuilding may require $80B–$100B amid legal uncertainty.
Chevron, Exxon, Halliburton and SLB rallied on reopening hopes, while crude prices stayed muted amid restart risks.
Trump touted rapid production, but analysts see heavy-crude challenges, political risk, and $100 billion rebuilding needs.
Venezuela strikes jolt oil and risk pricing as China services cool and US jobs loom.
Markets face fresh oil and regional volatility as transition details remain unclear and prediction-market trades draw scrutiny.
RatingDog services PMI eased to 52.0, with weaker exports, falling prices, and continued job cuts.
After a 2025 dollar-driven ex-US equity surge, traders stress-test rates and risk around Venezuela and jobs.