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Wednesday
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The Stocktwits Summary ๐
Wednesday ๐ฅ: The market tried to rally, but oil headlines kept the lid on as tanker strikes in the Strait of Hormuz and U.S. retaliation pushed crude up again even with the IEA announcing a record 400M-barrel strategic release. Gas prices kept climbing and bonds leaned back into higher-for-longer after a mostly boring CPI print, with investors bracing for the next data to show the oil shock bleeding into producer prices. Tech did the heavy lifting while most sectors bled, with Oracle ripping on a post-earnings surge and Nvidiaโs Nebius stake lighting up AI-adjacent winners.

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