Stock Market Today: S&P 500 Slips as Oil Spikes 5%, 10-Year Yields Near 5.35%
Stocks slip as Gulf tanker attacks lift Brent above $105 and the 10-year yield nears 5.35%; small caps lag while energy and Chipotle rally.
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APA shares are trading higher after the company announced in Q3 it expects a net gain on oil and gas purchases.
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Shares of oil and gas-related companies are trading higher amid multiple catalysts including renewed Iranian focus on striking vessels in the Strait of Hormuz, Tehran's hardline stance on nuclear enrichment limits, and Houthi rebel strikes on Saudi Arabia. Also, elevated refined product prices, refining margins, and tanker day rates are benefiting the wider sector.
8-K filing — APA Corp (APA)
Filed: 2026-10-07 AccNo: 0001841666-26-000058 Size: 182 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits