Wednesday, November 26, 2025 at 12:37 PM

Bulls, Bears, and Biogas: Market Prep for a Wild Wednesday

Major U.S. News Headlines

Judge Backs Elliott’s $6 Billion Bid for Venezuela’s Citgo
A federal judge has approved Elliott Investment Management’s $6 billion offer for Citgo, despite it not being the highest bid. The move is seen as the most likely to close, bringing clarity to a long-stalled asset sale.
Impact: Bullish for Elliott and energy M&A sentiment.
Trump’s $80 Billion Nuclear Revival Push
President Trump is pushing an $80 billion plan to revive stalled U.S. nuclear power projects, aiming to boost energy independence and infrastructure.
Impact: Bullish for nuclear energy stocks and infrastructure ETFs.
U.S. Crude Oil Stockpiles Fall
EIA data shows crude inventories dropped by 3.4 million barrels last week, driven by higher exports and refinery utilization.
Impact: Bullish for oil prices and energy sector stocks.
S&P Puts Under Armour on Downgrade Watch
S&P Global has placed Under Armour’s ratings on watch for a potential downgrade due to restructuring challenges, persistent sales declines, and margin pressure.
Impact: Bearish for Under Armour stock and apparel sector sentiment.
Data Center Politics Heat Up
Regulatory uncertainty around how PJM Interconnection manages data center power demand is creating tension, with billions in tech investments at stake.
Impact: Mixed for tech and infrastructure stocks; potential headwinds for data center REITs.

Oil Markets Await Russia-Ukraine Negotiation Clarity
Oil prices are little changed as markets await updates on Russia-Ukraine negotiations. U.S. sanctions on Russia’s Lukoil and Rosneft are testing Moscow’s ability to export crude.
Impact: Bearish for oil if negotiations stall; bullish if progress is made.
COP30 Wraps Up with Climate Commitments
COP30 concluded with a commitment to triple climate adaptation funding and stronger private-sector involvement in climate action. The UN Global Compact emphasized credible transition plans and climate resilience.
Impact: Bullish for green energy and ESG stocks.
Harbour Energy Eyes U.S. M&A
UK-based Harbour Energy is exploring U.S. deals as its production base shifts toward the western Atlantic.
Impact: Bullish for U.S. energy M&A activity.

U.S. Futures Flat to Slightly Higher
Futures are trading near unchanged levels, with investors awaiting Fed commentary and economic data.
Impact: Neutral for equities; cautious sentiment prevails.
European Markets Mixed
European indices are trading in a narrow range, with energy and tech leading gains, while financials lag.
Impact: Mixed for global equities; sector rotation continues.
Asian Markets Slightly Lower
Asian markets closed modestly lower, with tech and consumer discretionary sectors under pressure.
Impact: Bearish for global risk appetite.

Oil Prices Little Changed
Brent crude is flat near $82/barrel, WTI near $79/barrel, as markets await clarity on Russia-Ukraine talks and U.S. sanctions.
Impact: Neutral for energy stocks; volatility expected if negotiations break down.
Gold Steady
Gold is trading near $2,020/oz, supported by safe-haven demand and Fed uncertainty.
Impact: Bullish for gold miners and safe-haven assets.
USD Flat
The dollar index is unchanged, with yields on the 10-year Treasury near 4.3%.
Impact: Neutral for currency-sensitive stocks.

Energy Sector: Bullish on U.S. inventory drawdowns and M&A activity, but cautious on geopolitical risks from Russia-Ukraine talks.
Tech Sector: Mixed on data center regulatory uncertainty, but supported by strong earnings from NetApp.
Apparel Sector: Bearish on Under Armour downgrade watch, with broader sector pressure from margin and tariff concerns.
Green Energy: Bullish on COP30 outcomes and new carbon capture investments.
Global Equities: Neutral to slightly bearish, with sector rotation and geopolitical uncertainty weighing on sentiment.