Crude oil futures popped Wednesday, July 21, 2021 after spending several successive trading sessions tumbling from multi-year highs. The rally in crude lifted energy stocks higher as well: the S&P 500 Energy Sector ETF (XLE) lead the index's gains. Dan Deming says he's impressed with the commodity's performance as well as with the overall stock market which were both heavily sold at the start of the week.
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