UCO

Q2 ’27 expected EPS growth rate for S&P 500 is just +3.6% as of this weekend, which would be the lowest quarterly growth rate for S&P 500 EPS since Q2 ’23’s -2.8%. Q3, Q4 still look strong.

Rising oil prices and renewed AI concerns pushed markets into a risk‑off mood this week. The headline suggests deeper underlying factors behind the market nerves.

Oil prices rallied amid Middle East conflict, widening the sell‑off. The summary notes that AI infrastructure funding worries also kept markets in check.

The Strategic Petroleum Reserve has fallen to a 1982 low of 282.7 million barrels. Bottlenecks and cautious Permian drillers are preventing a quick refill.

Since the Iran war began, Americans have spent an extra $138.8 billion on gas. That amount equals the cost of about 337,897 homes, according to the analyst.

Dow edged higher while the Nasdaq stayed flat amid choppy trading. Investors appear to be waiting on earnings, and SpaceX reported its first quarterly profit.

USO shares gained in premarket as Brent crude hit a five‑month high. A commodities economist warned that escalating attacks on shipping could further tighten oil supply and push prices higher.

An oil analyst cautions that U.S.–Iran tensions could rise after the midterm elections, threatening tanker routes and Strait of Hormuz traffic. The warning comes as Brent crude reaches a five‑month high.