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WHAT MOVED THE MARKET TODAY
DAILY NOTES

Energy · Select Sector

21 stocks · cap-weighted, ETF-derived weights · Oct 9, 2026 close
65.09
+3.59 (+5.84%)
XLE 65.09 · +3.6 pts (+5.84%) QTD
1D1W1MQTD3M6MYTD1Y2Y3Y5Y
66.1664.9263.6862.44EW +6.83%H 65.24 · Oct 8L 61.50 · Sep 30
Sep 30Oct 2Oct 6Oct 7Oct 9
Breadth
21 / 21
stocks rose with the index
Concentration
40%
of the gain from XOM, MPC, CVX
Biggest driver
XOM +0.58
EXXONMOBIL HOLDINGS CORP, +3.85%
Biggest drag
SLB −0.00
SLB LTD, +0.47%

What drove it

21 members · drivers first · QTD · residual 9.2bp within 60bp gate

The XLE rose 5.84% (+3.59 pts) so far this quarter in a broad advance: 21 of 21 stocks rose, with XOM out front at +0.58 points.

Read the latest market-close note: Goldman and Microsoft Push the Dow to a Large Gain While Telecoms Sink Communication Services

+3.6 pts from 20 gainers−0.0 pts from 1 losers
net +3.6 pts · gainers outweigh losers 35.9 to 1
Stock
Points
Return
XLEsum of all 21 stocks
+3.6
100%
+5.84%
XOMEXXONMOBIL HOLDINGS CORP
+0.6
16%
+3.85%
MPCMARATHON PETROLEUM CORP
+0.4
12%
+15.07%
CVXCHEVRON CORP
+0.4
12%
+3.80%
VLOVALERO ENERGY CORP
+0.3
10%
+11.93%
COPCONOCOPHILLIPS
+0.3
9%
+7.17%
PSXPHILLIPS 66
+0.3
7%
+8.92%
EOGEOG RESOURCES INC
+0.2
5%
+7.58%
WMBWILLIAMS COS INC
+0.2
5%
+6.96%
KMIKINDER MORGAN INC
+0.1
4%
+7.76%
OXYOCCIDENTAL PETROLEUM CORP
+0.1
3%
+8.63%
TRGPTARGA RESOURCES CORP
+0.1
3%
+6.05%
EQTEQT CORP
+0.1
2%
+8.80%
OKEONEOK INC
+0.1
2%
+5.31%
DVNDEVON ENERGY CORP
+0.1
2%
+4.87%
TPLTEXAS PACIFIC LAND CORP
+0.1
2%
+10.87%
FANGDIAMONDBACK ENERGY INC
+0.1
2%
+4.53%
BKRBAKER HUGHES CO
+0.1
1%
+3.28%
APAAPA CORP
+0.0
1%
+10.45%
EXEEXPAND ENERGY CORP
+0.0
1%
+4.91%
HALHALLIBURTON CO
+0.0
0%
+2.33%
SLBSLB LTD
−0.0
0%
+0.47%
Cap weighting, illustrated

EXXONMOBIL HOLDINGS CORP and BAKER HUGHES CO moved almost identically (+3.85% vs +3.28%), yet XOM moved the XLE 11.2× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the +3.59 pt move · cell size = points contributed · color = direction, intensity = return
XOM+0.6 pts(+3.8%)
MPC+0.4 pts(+15.1%)
CVX+0.4 pts(+3.8%)
VLO+0.3 pts(+11.9%)
COP+0.3 pts(+7.2%)
PSX+0.3 pts(+8.9%)
EOG+0.2 pts(+7.6%)
WMB+0.2 pts(+7.0%)
KMI+0.1 pts(+7.8%)
OXY+0.1 pts
TRGP+0.1 pts(+6.1%)
EQT+0.1 pts(+8.8%)
OKE+0.1 pts(+5.3%)
DVN+0.1 pts
TPL+0.1 pts
FANG
BKR+0.1 pts
APA
EXE
HAL

Concentration curve

cumulative share of the +3.59 pt move · sorted by contribution
0%50%100%5111621stocks:3 stocks = 40%100% covered at 20

When they drove it

cumulative points through the period
0XOM +0.58MPC +0.44CVX +0.42SLB −0.00Sep 30Oct 9

Breadth

member returns, this period
0%+4%+8%+12%
From +0.47% (SLB) to +15.07% (MPC). Equal-weight, the XLE would be +6.83% vs the actual +5.84%; the gap is what cap weighting did.

By sector

point contribution · sums to +3.59 pts
-21
+3.6

The year, session by session

every trading day of 2026 · hover for the move
JANFEBMARAPRMAYJUNJULAUGSEPOCT

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