Chevron is trading at $2.35, up 10.17%, as energy-sector strength appears aligned with rising crude prices.
- XLE rose 1.83% as crude climbed amid U.S.–Iran tensions and Russia’s diesel-export restrictions; a recent report said Brent was above $100 and linked supply concerns with gains in energy stocks.
- No clear company-specific catalyst was identified for the October 2 move. The October 1 data-center project delay report does not explain today’s gain.