2026-09-17 · Oil Eases, Utilities Rotate In
The Fed's post-hike selloff reversed the next day as oil fell on signs of a faster Saudi pipeline restart and possible U.S.-Iran de-escalation, and the scan's real story is fresh money rotating into beaten-down utilities while quietly leaving the energy and tech names that benefited from the oil shock.
The Signal
The Federal Reserve raised rates a quarter point on Wednesday, its first hike since summer 2023 and a unanimous decision, with most officials projecting at least one more increase this year. Stocks sold off on the news, then reversed hard on Thursday as crude fell nearly…
The skinny
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