Breadth divergence is a troubling sign for the stock market

Valero Energy Corp.
VLO,
-1.76%

on Wednesday reported an operational disruption that led to excessive gas emissions at its oil refinery in Texas City, Texas.

“Process upsets in Complex 3 and Complex 4,” the refinery said in a statement to the Texas Commision on Environmental Quality. It said the above-normal emissions began Tuesday night and ended Wednesday afternoon, lasting about 16 hours.

“Units have resumed normal operation,” the refinery said.

The 260,000-barrel-a-day Texas City refinery is located southeast of Houston. It processes crude oils into gasoline, diesel and jet fuel.

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