Strong tech earnings and easing US-China trade tensions have lifted market sentiment, with S&P futures up 0.2%.
Improved earnings and de-escalating trade tensions suggest a cautiously positive near-term outlook for tech stocks (NDX).
Oil prices rose slightly after OPEC-Plus announced a pause on output hikes in Q1 2026, providing some relief for the market.
OPEC-Plus's decision to pause supply increases combined with current demand conditions supports a cautiously optimistic near-term oil price outlook.
Former U.S. senior advisor to President Biden, Amos Hochstein, suggests the U.S. needs a new approach. The U.S. is already energy dominant but warns that stepping back could cede ground to China.
Joanna Versetti
Amos Hochstein
They missed the boat because we are already energy dominant. We have record oil and gas production and record investments in renewables. We need it all. You can't say no offshore wind, no onshore wind, no solar permitting. I don’t agree you can get energy dominance without renewables along with fossil fuels.
Given the momentum in renewables globally, do you see the US possibly derailing its investment momentum?
Joanna Versetti
Amos Hochstein
Energy dominance means being the best across the board. If we walk away from renewables and EV goals, then China wins.
Strong tech earnings and easing US-China tensions have lifted sentiment, with S&P futures slightly up.
Joanna Versetti
Oil prices rose slightly after OPEC-Plus paused output hikes for Q1 2026.