[BRIEFING.COM] The major averages continue to sit mixed, trading in a relatively stable range.
The energy sector (-0.2%) trades modestly lower today amid ongoing developments in Venezuela. Secretary of War Pete Hegseth said via X "The United States continues to enforce the blockade against all dark fleet vessels illegally transporting Venezuelan oil to finance illicit activity, stealing from the Venezuelan people. Only legitimate and lawful energy commerce—as determined by the U.S.—will be permitted."
Valero Energy (VLO 185.14, +6.87, +3.85%), which some analysts predict could be among the best-suited companies to refine the sulfur-rich oil of Venezuela, is one of the top-performing S&P 500 names today.
Crude oil is currently down $0.59 (-1.0%) to $56.64 per barrel.