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Bei der letzten Schlussnotierung war D.R. Horton (DHI) um 2,31% auf 144,50 US-Dollar gefallen. Dieser Verlust übertraf den Verlust des S&P 500 von 0,74% an diesem Tag. In der gleichen Zeit verloren die Dow und Nasdaq jeweils 1,21 bzw. 0,89%. Die Aktien des Bauunternehmens hatten sich in den letzten 30 Tagen um 0,98% erhöht. Im gleichen Zeitraum sank der Sektor Bau um 1,64%, während der S&P 500 um 5,39% stieg. Die anstehende Earnings-Veröffentlichung von D.R. Horton wird für Investoren von großem Interesse sein. Der geplante Earnings-Bericht ist für den 21. Juli 2026 vorgesehen. Das Unternehmen erwartet eine EPS von 2,98 US-Dollar, was einem Rückgang um 11,31% gegenüber dem gleichen Quartal des Vorjahres entspricht. Nebenbei wird die aktuelle Konsensschätzung eine Umsatzsteigerung von 0,49% gegenüber dem gleichen Quartal des Vorjahres erwarten. Für das gesamte Jahr projizieren die Zacks-Konsens-Schätzungen Earnings von 10,57 US-Dollar pro Aktie und einen Umsatz von 33,86 Milliarden US-Dollar, was einem Rückgang um 8,64% bzw. 1,14% gegenüber dem Vorjahr entspricht.

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Investing.com -- Die Einwanderungsprävention der Trump-Administration in großen US-Städten im vergangenen Jahr führte zu geschätzten 668.000 Arbeitsplatzverlusten und belastete die lokale Wirtschaftstätigkeit, wie ein Bericht der Brookings-Institution und zitiert von Bloomberg am Freitag besagt.

Der Studienbefund ergab, dass verstärkte Einwanderungs- und Zollbehörden (ICE) eine breitere wirtschaftliche Auswirkung hervorriefen, die über unbeglaubigte Arbeiter hinausging, und sich auf Unternehmen, Verbraucherausgaben und Beschäftigung in mehreren Sektoren auswirkte.

Forscher untersuchten 86 Städte, die während der ersten Hälfte des Jahres 2025 die größten Zuwächse bei ICE-Arresten erlebten und schätzten, dass etwa 13 Arbeitsplätze verloren gingen, wenn ein zusätzlicher Arrest erfolgte.

Die Bauwirtschaft und andere Branchen, die traditionell große Mengen an unbeglaubigten Arbeitern beschäftigen, erfuhren einige der größten Beschäftigungsrückgänge. Der Bericht fand auch Arbeitsplatzverluste in Sektoren wie Kunst und Unterhaltung, wo die Einwanderungsbeschäftigung relativ begrenzt ist.

Laut dem Studienbefund reduzierten Unternehmen Personal und Aktivitäten, als sich die Einwanderungsprävention verstärkte und die Besorgnis in den lokalen Gemeinschaften verbreitete.

Die Autoren schätzten, dass zwischen 51.000 und 297.000 der verlorenen Arbeitsplätze von US-geborenen Arbeitern gehalten worden wären. Der Bericht sagte, Unternehmen, die teilweise auf Einwandererarbeit angewiesen waren, ihre Operationen nach einem Arbeitskräftemangel zurückgedrehten, was sowohl Einwanderer als auch inländische Arbeitnehmer betraf.

Die Forschung basierte auf ICE-Arrest-Daten, die vom Deportation Data Project kompiliert wurden, Beschäftigungsabschätzungen von der Arbeitsmarkt-Analyse-Firma Lightcast und Bundesbezahlscheiben.

Der Bericht wies auch auf schwächere Verbraucherausgaben in Einwanderer-gesteuerten Gemeinschaften hin.

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Nancy Tengler, CEO und CIO von Laffer Tengler Investments, ist optimistisch hinsichtlich der Aktien von DR Horton (DHI) und Home Depot. Sie glaubt, dass das Hausmarkt bald wieder aufwärts gehen wird.

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Toronto, Ontario--(Newsfile Corp. - 14. Mai 2026) - Elliot Scherer, Leiter des Wealth Solutions Group bei CIBC Capital Markets, und sein Team haben gemeinsam mit Graham MacKenzie, Leiter der Exchange Traded Products am Toronto Stock Exchange (TSX), den Markt geschlossen, um die jüngste Aufnahme von 15 neuen kanadischen Depotzertifikaten (CDRs) auf TSX zu feiern:

Amphenol CDR (CAD-Gedeckter) - (TSX: APH) CoreWeave CDR (CAD-Gedeckter) - (TSX: CRWV) D.R. Horton CDR (CAD-Gedeckter) - (TSX: DHI) Freeport-McMoRan CDR (CAD-Gedeckter) - (TSX: FCXS) Intuit CDR (CAD-Gedeckter) - (TSX: INTU) KLA CDR (CAD-Gedeckter) - (TSX: KLAC) Lam Research CDR (CAD-Gedeckter) - (TSX: LRCX) Marvell Technology CDR (CAD-Gedeckter) - (TSX: MRV) Northrop Grumman CDR (CAD-Gedeckter) - (TSX: NOC) Quanta Services CDR (CAD-Gedeckter) - (TSX: PWRS) Sandisk CDR (CAD-Gedeckter) - (TSX: SNDK) Stryker CDR (CAD-Gedeckter) - (TSX: SYK) T-Mobile CDR (CAD-Gedeckter) - (TSX: TMUS) Vertiv CDR (CAD-Gedeckter) - (TSX: VRT) Western Digital CDR (CAD-Gedeckter) - (TSX: WDC)

CDRs bieten kanadischen Anlegern die Möglichkeit, sich an einigen der größten internationalen Unternehmen direkt auf TSX in Kanadischer Währung zu beteiligen. Sie bieten eine integrierte Devisenhedging mit einer Bruchteilsaktienstruktur und sind für kanadische Anleger konzipiert.

CDRs werden verwendet, um den Intraday- und Tagesverlauf einiger der größten Unternehmen weltweit nachzubilden, was es einfacher und kostengünstiger macht, ihre Investitionen zu diversifizieren. Mehr Informationen über die Anlage in CDRs finden Sie auf der neuen TSX CDR Centre auf TMXMoney.com.

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The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +2.91%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +2.49%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.43%.  June E-mini S&P futures (ESM26) rose +2.88%, and June E-mini Nasdaq futures (NQM26) rose +3.42%.

Stock indexes rallied sharply on Tuesday in hopes that an end to the Iran war is near.  The Wall Street Journal reported Tuesday that President Trump signaled he was willing to end the US military campaign against Iran even if the Strait of Hormuz remains closed.  The report said Mr. Trump believes the US should wind down hostilities while pressuring Iran diplomatically to reopen the Strait.  If that fails, the US will press allies in Europe and the Gulf to take the lead on reopening the waterway.  US and Israeli forces pressed ahead with attacks on Iran on Tuesday, while Iran hit a Kuwaiti oil tanker off Dubai in a drone attack, and the UAE reported a drone attack. Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.

Stocks added to their gains, and crude oil prices tumbled Tuesday afternoon after Iran signaled openness to resolving the war.  Iranian President Masoud Pezeskhian said his country had the "necessary will to end this war," provided that hostilities end on all fronts and that Iran's sovereignty over the Strait of Hormuz is recognized.

Falling bond yields are also supportive of stocks, as the 10-year T-note yield dropped to a 1-week low of 4.28% on Tuesday.  Bond yields declined amid hopes that an end to the Iran war will lower energy prices, easing inflation concerns.  Stocks also found support on Tuesday after the US Mar consumer confidence index unexpectedly rose.

The US Jan S&P CaseShiller composite-20 home price index rose +1.18% y/y, weaker than expectations of +1.38% y/y and the smallest pace of increase in 2.5 years.

The US Mar MNI Chicago PMI fell -4.9 to 52.8, weaker than expectations of 55.0.

The Conference Board US Mar consumer confidence index unexpectedly rose +0.8 to 91.8, stronger than expectations of a decline to 87.9.

US Feb JOLTS job openings fell -358,000 to 6.882 million, weaker than expectations of 6.890 million.

Hawkish comments on Tuesday from Kansas City Fed President Jeff Schmid were negative for stocks, as he said he's "more focused on the risks to inflation at this time" and that he's concerned inflation will get stuck closer to 3% as the recent surge in energy prices will likely feed through to core inflation.

Signs of strength in China’s economy are supportive for global growth prospects and stocks.  The China March manufacturing PMI rose +1.4 to 50.4, better than expectations of 50.1 and the strongest pace of expansion in a year.  Also, the China March non-manufacturing PMI rose by +0.6 to 50.1, better than expectations of 49.9.

Crude oil prices (CLK26) fell from a 3-week high on Tuesday but remain supported despite President Trump signaling he is willing to end the war with Iran, as the Strait of Hormuz remains effectively closed.  The closure of the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas flows, has choked off oil and gas flows due to Iran’s attacks on shipping in the waterway and forced Gulf producers to cut output because they can’t export from the region.  Iran is also seeking to control ship transit through the Strait of Hormuz, asking vessels to provide lists of crew and cargo, along with voyage details and bills of lading if they want to travel through the waterway.  Goldman Sachs warns that crude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March.

The International Energy Agency said last Monday that more than 40 energy sites across nine countries in the Middle East have been "severely or very severely" damaged, potentially prolonging disruptions to global supply chains once the war in Iran ends.

The markets are discounting a 3% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting.

Overseas stock markets settled mixed on Tuesday.  The Euro Stoxx 50 closed up +0.50%.  China's Shanghai Composite fell from a 1-week high and closed down -0.80%.  Japan's Nikkei Stock 225 fell to a 3-month low and closed down -1.58%.

Interest Rates

June 10-year T-notes (ZNM6) on Tuesday closed up by +7.5 ticks.  The 10-year T-note yield fell -4.1 bp to 4.307%.  June T-notes rose to a 1-week high on Tuesday, and the 10-year T-note yield fell to a 1-week low of 4.283%.  T-notes moved higher on Tuesday in hopes that an end to the Iran war will lower energy prices and ease inflation concerns.  T-notes fell from their best level after the US Mar consumer confidence index unexpectedly rose and after Kansas City Fed President Jeff Schmid said he's "more focused on the risks to inflation at this time."

European government bond yields moved lower on Tuesday.  The 10-year German bund yield fell -3.1 bp to 3.004%.  The 10-year UK gilt yield fell -1.9 bp to 4.916%.

Eurozone Mar CPI rose +2.5% y/y, the most in 14 months, but below expectations of +2.6% y/y.  Mar core CPI rose +2.3% y/y, weaker than expectations of +2.4% y/y.

German Feb retail sales unexpectedly fell -0.6% m/m, weaker than expectations of a +0.3% m/m increase.

ECB Governing Council member Madis Muller said, "The ECB can't rule out changes in interest rates already in April if energy prices remain at a high level for a long time."

Swaps are discounting a 55% chance of a +25 bp ECB rate hike at its next policy meeting on April 30.

US Stock Movers

The Magnificent Seven technology stocks are climbing today, helping lift the overall market.  Meta Platforms (META) closed up more than +6%, and Nvidia (NVDA) and Alphabet (GOOGL) closed up more than +5%.  Also, Tesla (TSLA) closed up more than +4%, and Amazon.com (AMZN) and Microsoft (MSFT) closed up more than +3%.  In addition, Apple (AAPL) closed up more than +2%.

Marvell Technology (MRVL) closed up more than +12% to lead gainers in the Nasdaq 100 and chip stocks after Nvidia said it is investing $2 billion in the company.  Also, ON Semiconductor (ON) closed up more than +11% to lead gainers in the S&P 500, and Sandisk (SNDK) and ARM Holdings Plc (ARM) closed up more than +10%.  In addition, Western Digital (WDC), Intel (INTC), Seagate Technology Holdings Plc (STX), and Microchip Technology (MCHP) closed up more than +7%, and KLA Corp (KLAC) and Lam Research (LRCX) closed up more than +6%.  Finally, Applied Materials (AMAT), Broadcom (AVGO), and ASML Holding NV (ASML) closed up more than +5%, and Micron Technology (MU), Analog Devices (ADI), and NXP Semiconductors NV (NXPI) closed up more than +4%.

Airline stocks surged on Tuesday as crude oil prices fell by more than -1% in hopes that an end to the Iran war is near.  United Airlines Holdings (UAL) closed up more than +8%, and Alaska Air Group (ALK) closed up more than +7%.  Also, American Airlines Group (AAL) and Delta Air Lines (DAL) closed up more than +5%, and Southwest Airlines (LUV) closed up more than +3%.

Home builders and building suppliers moved higher on Tuesday after the 10-year T-note yield fell to a 1-week low, which lowers mortgage rates and supports housing demand. Builders Firstsource (BLDR) and Toll Brothers (TOL) closed up more than +4%, and DR Horton (DHI) and Pulte Group (PHM) closed up more than +3%.  Also, Lennar (LEN) and KB Home (KBH) closed up more than +2%.

Energy producers and energy service providers moved lower on Tuesday after WTI crude oil fell from a 3-week high, dropping by more than 1%.  APA Corp (APA) and Devon Energy (DVN) closed down more than -2%, and Chevron (CVX) closed down more than -1% to lead losers in the Dow Jones Industrials. Also, Occidental Petroleum (OXY), Exxon Mobil (XOM), Phillips 66 (PSX), and Valero Energy (VLO) closed down more than -1%.

Apellis Pharmaceuticals (APLS) closed up more than +135% after being acquired by Biogen for $5.6 billion, or about $41 a share.  Biogen (BIIB) closed down more than -2% on the news.

Centessa Pharmaceuticals (CNTA) closed up more than +44% after Eli Lilly agreed to buy the company for about $7.8 billion or $38 a share, plus a further $9 a share if three milestone targets are met.

Scholar Rock (SRRK) closed up by more than +14% after it resubmitted its Biologics License Application for apitegromab, a muscle-targeted therapy for spinal muscular atrophy.

Nebius Group NV (NBIS) closed up more than +12% after saying it plans to build a 310-megawatt server facility in Finland.

Caterpillar (CAT) closed up more than +6% to lead gainers in the Dow Jones Industrials after Barclays raised its price target on the stock to $700 from $625.

FactSet Research Systems (FDS) closed up more than +6% after reporting Q2 revenue of $611 million, better than the consensus of $604.9 million, and raising its full-year revenue forecast to $2.45 billion to $2.47 billion from a previous estimate of $2.42 billion to $2.45 billion, above the consensus of $2.45 billion.

Phreesia (PHR) is down more than -26% after cutting its 2027 revenue forecast to $510 million to $520 million from a previous forecast of $545 million to $559 million, well below the consensus of $550.9 million.

Constellation Energy (CEG) closed down more than -6% to lead losers in the S&P 500 and Nasdaq 100 after forecasting 2026 adjusted operating EPS of $11 to $12.00, the midpoint below the consensus of $11.72.

McCormick & Co (MKC) closed down more than -6% after agreeing to acquire Unilever’s Food business for $15.7 billion in cash and $29.7 billion of stock.

Earnings Reports(4/1/2026)

Conagra Brands Inc (CAG), Lamb Weston Holdings Inc (LW), MSC Industrial Direct Co Inc (MSM). On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

More news from Barchart

Stock Index Futures Rally on Prospect of End to Middle East Conflict, U.S. Economic Data and Fed Speak in FocusStocks Set to Open Higher as Bond Yields Fall on Fading Rate-Hike Bets, U.S. Jobs Data and Powell’s Remarks AwaitedIran, Oil Prices and Other Key Things to Watch this WeekMeta Platforms Just Cut Jobs. Does That Make META Stock a Buy, Sell, or Hold Before Q2 Starts?

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +2.91%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +2.49%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.43%.  June E-mini S&P futures (ESM26) rose +2.88%, and June E-mini Nasdaq futures (NQM26) rose +3.42%.

Stock indexes rallied sharply on Tuesday in hopes that an end to the Iran war is near.  The Wall Street Journal reported Tuesday that President Trump signaled he was willing to end the US military campaign against Iran even if the Strait of Hormuz remains closed.  The report said Mr. Trump believes the US should wind down hostilities while pressuring Iran diplomatically to reopen the Strait.  If that fails, the US will press allies in Europe and the Gulf to take the lead on reopening the waterway.  US and Israeli forces pressed ahead with attacks on Iran on Tuesday, while Iran hit a Kuwaiti oil tanker off Dubai in a drone attack, and the UAE reported a drone attack.

More News from Barchart

Stocks Climb on Hopes for an End to Iran War Stock Index Futures Rally on Prospect of End to Middle East Conflict, U.S. Economic Data and Fed Speak in Focus Meta Platforms Just Made Entergy a Top Stock to Buy... and It Pays a 2.49% Dividend Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now!

Stocks added to their gains, and crude oil prices tumbled Tuesday afternoon after Iran signaled openness to resolving the war.  Iranian President Masoud Pezeskhian said his country had the "necessary will to end this war," provided that hostilities end on all fronts and that Iran's sovereignty over the Strait of Hormuz is recognized.

Falling bond yields are also supportive of stocks, as the 10-year T-note yield dropped to a 1-week low of 4.28% on Tuesday.  Bond yields declined amid hopes that an end to the Iran war will lower energy prices, easing inflation concerns.  Stocks also found support on Tuesday after the US Mar consumer confidence index unexpectedly rose.

The US Jan S&P CaseShiller composite-20 home price index rose +1.18% y/y, weaker than expectations of +1.38% y/y and the smallest pace of increase in 2.5 years.

The US Mar MNI Chicago PMI fell -4.9 to 52.8, weaker than expectations of 55.0.

The Conference Board US Mar consumer confidence index unexpectedly rose +0.8 to 91.8, stronger than expectations of a decline to 87.9.

US Feb JOLTS job openings fell -358,000 to 6.882 million, weaker than expectations of 6.890 million.

Hawkish comments on Tuesday from Kansas City Fed President Jeff Schmid were negative for stocks, as he said he's "more focused on the risks to inflation at this time" and that he's concerned inflation will get stuck closer to 3% as the recent surge in energy prices will likely feed through to core inflation.

Story Continues

Signs of strength in China’s economy are supportive for global growth prospects and stocks.  The China March manufacturing PMI rose +1.4 to 50.4, better than expectations of 50.1 and the strongest pace of expansion in a year.  Also, the China March non-manufacturing PMI rose by +0.6 to 50.1, better than expectations of 49.9.

Crude oil prices (CLK26) fell from a 3-week high on Tuesday but remain supported despite President Trump signaling he is willing to end the war with Iran, as the Strait of Hormuz remains effectively closed.  The closure of the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas flows, has choked off oil and gas flows due to Iran’s attacks on shipping in the waterway and forced Gulf producers to cut output because they can’t export from the region.  Iran is also seeking to control ship transit through the Strait of Hormuz, asking vessels to provide lists of crew and cargo, along with voyage details and bills of lading if they want to travel through the waterway.  Goldman Sachs warns that crude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March.

The International Energy Agency said last Monday that more than 40 energy sites across nine countries in the Middle East have been "severely or very severely" damaged, potentially prolonging disruptions to global supply chains once the war in Iran ends.

The markets are discounting a 3% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting.

Overseas stock markets settled mixed on Tuesday.  The Euro Stoxx 50 closed up +0.50%.  China's Shanghai Composite fell from a 1-week high and closed down -0.80%.  Japan's Nikkei Stock 225 fell to a 3-month low and closed down -1.58%.

Interest Rates

June 10-year T-notes (ZNM6) on Tuesday closed up by +7.5 ticks.  The 10-year T-note yield fell -4.1 bp to 4.307%.  June T-notes rose to a 1-week high on Tuesday, and the 10-year T-note yield fell to a 1-week low of 4.283%.  T-notes moved higher on Tuesday in hopes that an end to the Iran war will lower energy prices and ease inflation concerns.  T-notes fell from their best level after the US Mar consumer confidence index unexpectedly rose and after Kansas City Fed President Jeff Schmid said he's "more focused on the risks to inflation at this time."

European government bond yields moved lower on Tuesday.  The 10-year German bund yield fell -3.1 bp to 3.004%.  The 10-year UK gilt yield fell -1.9 bp to 4.916%.

Eurozone Mar CPI rose +2.5% y/y, the most in 14 months, but below expectations of +2.6% y/y.  Mar core CPI rose +2.3% y/y, weaker than expectations of +2.4% y/y.

German Feb retail sales unexpectedly fell -0.6% m/m, weaker than expectations of a +0.3% m/m increase.

ECB Governing Council member Madis Muller said, "The ECB can't rule out changes in interest rates already in April if energy prices remain at a high level for a long time."

Swaps are discounting a 55% chance of a +25 bp ECB rate hike at its next policy meeting on April 30.

US Stock Movers

The Magnificent Seven technology stocks are climbing today, helping lift the overall market.  Meta Platforms (META) closed up more than +6%, and Nvidia (NVDA) and Alphabet (GOOGL) closed up more than +5%.  Also, Tesla (TSLA) closed up more than +4%, and Amazon.com (AMZN) and Microsoft (MSFT) closed up more than +3%.  In addition, Apple (AAPL) closed up more than +2%.

Marvell Technology (MRVL) closed up more than +12% to lead gainers in the Nasdaq 100 and chip stocks after Nvidia said it is investing $2 billion in the company.  Also, ON Semiconductor (ON) closed up more than +11% to lead gainers in the S&P 500, and Sandisk (SNDK) and ARM Holdings Plc (ARM) closed up more than +10%.  In addition, Western Digital (WDC), Intel (INTC), Seagate Technology Holdings Plc (STX), and Microchip Technology (MCHP) closed up more than +7%, and KLA Corp (KLAC) and Lam Research (LRCX) closed up more than +6%.  Finally, Applied Materials (AMAT), Broadcom (AVGO), and ASML Holding NV (ASML) closed up more than +5%, and Micron Technology (MU), Analog Devices (ADI), and NXP Semiconductors NV (NXPI) closed up more than +4%.

Airline stocks surged on Tuesday as crude oil prices fell by more than -1% in hopes that an end to the Iran war is near.  United Airlines Holdings (UAL) closed up more than +8%, and Alaska Air Group (ALK) closed up more than +7%.  Also, American Airlines Group (AAL) and Delta Air Lines (DAL) closed up more than +5%, and Southwest Airlines (LUV) closed up more than +3%.

Home builders and building suppliers moved higher on Tuesday after the 10-year T-note yield fell to a 1-week low, which lowers mortgage rates and supports housing demand. Builders Firstsource (BLDR) and Toll Brothers (TOL) closed up more than +4%, and DR Horton (DHI) and Pulte Group (PHM) closed up more than +3%.  Also, Lennar (LEN) and KB Home (KBH) closed up more than +2%.

Energy producers and energy service providers moved lower on Tuesday after WTI crude oil fell from a 3-week high, dropping by more than 1%.  APA Corp (APA) and Devon Energy (DVN) closed down more than -2%, and Chevron (CVX) closed down more than -1% to lead losers in the Dow Jones Industrials. Also, Occidental Petroleum (OXY), Exxon Mobil (XOM), Phillips 66 (PSX), and Valero Energy (VLO) closed down more than -1%.

Apellis Pharmaceuticals (APLS) closed up more than +135% after being acquired by Biogen for $5.6 billion, or about $41 a share.  Biogen (BIIB) closed down more than -2% on the news.

Centessa Pharmaceuticals (CNTA) closed up more than +44% after Eli Lilly agreed to buy the company for about $7.8 billion or $38 a share, plus a further $9 a share if three milestone targets are met.

Scholar Rock (SRRK) closed up by more than +14% after it resubmitted its Biologics License Application for apitegromab, a muscle-targeted therapy for spinal muscular atrophy.

Nebius Group NV (NBIS) closed up more than +12% after saying it plans to build a 310-megawatt server facility in Finland.

Caterpillar (CAT) closed up more than +6% to lead gainers in the Dow Jones Industrials after Barclays raised its price target on the stock to $700 from $625.

FactSet Research Systems (FDS) closed up more than +6% after reporting Q2 revenue of $611 million, better than the consensus of $604.9 million, and raising its full-year revenue forecast to $2.45 billion to $2.47 billion from a previous estimate of $2.42 billion to $2.45 billion, above the consensus of $2.45 billion.

Phreesia (PHR) is down more than -26% after cutting its 2027 revenue forecast to $510 million to $520 million from a previous forecast of $545 million to $559 million, well below the consensus of $550.9 million.

Constellation Energy (CEG) closed down more than -6% to lead losers in the S&P 500 and Nasdaq 100 after forecasting 2026 adjusted operating EPS of $11 to $12.00, the midpoint below the consensus of $11.72.

McCormick & Co (MKC) closed down more than -6% after agreeing to acquire Unilever’s Food business for $15.7 billion in cash and $29.7 billion of stock.

Earnings Reports(4/1/2026)

Conagra Brands Inc (CAG), Lamb Weston Holdings Inc (LW), MSC Industrial Direct Co Inc (MSM).

On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

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Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

The S&P 500 Index ($SPX) (SPY) today is up +1.02%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.10%.  June E-mini S&P futures (ESM26) are up +1.10%, and June E-mini Nasdaq futures (NQM26) are up +1.15%.

Stock indexes are moving sharply higher today after the Wall Street Journal reported that President Trump had signaled he was willing to end the US military campaign against Iran even if the Strait of Hormuz remains closed.  The report said Mr. Trump believes the US should wind down hostilities while pressuring Iran diplomatically to reopen the Strait.  If that fails, the US will press allies in Europe and the Gulf to take the lead on reopening the waterway.  US and Israeli forces pressed ahead with attacks on Iran today, while Iran hit a Kuwaiti oil tanker off Dubai in a drone attack, and the UAE reported a drone attack. Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.

Falling bond yields are also supportive of stocks, as the 10-year T-note yield dropped to a 1-week low of 4.30% today.  Bond yields are declining amid hopes that an end to the Iran war will lower energy prices, easing inflation concerns.  Stocks also found support today after the US Mar consumer confidence index unexpectedly rose.  Stock indexes fell back from their best levels as crude prices rose more than +1% to a 3-week high.

The US Jan S&P CaseShiller composite-20 home price index rose +1.18% y/y, weaker than expectations of +1.38% y/y and the smallest pace of increase in 2.5 years.

The US Mar MNI Chicago PMI fell -4.9 to 52.8, weaker than expectations of 55.0.

The Conference Board US Mar consumer confidence index unexpectedly rose +0.8 to 91.8, stronger than expectations of a decline to 87.9.

US Feb JOLTS job openings fell -358,000 to 6.882 million, weaker than expectations of 6.890 million.

Signs of strength in China’s economy are supportive for global growth prospects and stocks.  The China March manufacturing PMI rose +1.4 to 50.4, better than expectations of 50.1 and the strongest pace of expansion in a year.  Also, the China March non-manufacturing PMI rose by +0.6 to 50.1, better than expectations of 49.9.

Crude oil prices (CLK26) rose to a 3-week high today and remain supported despite President Trump signaling he is willing to end the war with Iran, as the Strait of Hormuz remains effectively closed.  The closure of the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas flows, has choked off oil and gas flows due to Iran’s attacks on shipping in the waterway and forced Gulf producers to cut output because they can’t export from the region.  Iran is also seeking to control ship transit through the Strait of Hormuz, asking vessels to provide lists of crew and cargo, along with voyage details and bills of lading if they want to travel through the waterway.  Goldman Sachs warns that crude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March.

The International Energy Agency said last Monday that more than 40 energy sites across nine countries in the Middle East have been "severely or very severely" damaged, potentially prolonging disruptions to global supply chains once the war in Iran ends.

The markets are discounting a 3% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting.

Overseas stock markets are mixed today.  The Euro Stoxx 50 is up +0.83%.  China's Shanghai Composite fell from a 1-week high and closed down -0.80%.  Japan's Nikkei Stock 225 fell to a 3-month low and closed down -1.58%.

Interest Rates

June 10-year T-notes (ZNM6) today are up by +8 ticks.  The 10-year T-note yield is down -2.8 bp to 4.321%.  June T-notes rose to a 1-week high today, and the 10-year T-note yield fell to a 1-week low of 4.295%.  T-notes are climbing today on hopes that an end to the Iran war will lower energy prices and ease inflation concerns.  T-notes fell from their best level after the US Mar consumer confidence index unexpectedly rose.

European government bond yields are moving lower today.  The 10-year German bund yield is down -0.6 bp to 3.029%.  The 10-year UK gilt yield is down -2.0 bp to 4.914%.

Eurozone Mar CPI rose +2.5% y/y, the most in 14 months, but below expectations of +2.6% y/y.  Mar core CPI rose +2.3% y/y, weaker than expectations of +2.4% y/y.

German Feb retail sales unexpectedly fell -0.6% m/m, weaker than expectations of a +0.3% m/m increase.

ECB Governing Council member Madis Muller said, "The ECB can't rule out changes in interest rates already in April if energy prices remain at a high level for a long time."

Swaps are discounting a 50% chance of a +25 bp ECB rate hike at its next policy meeting on April 30.

US Stock Movers

The Magnificent Seven technology stocks are climbing today, helping lift the overall market.  Nvidia (NVDA) and Meta Platforms (META) are up more than +3%, and Amazon.com (AMZN), Tesla (TSLA), and Alphabet (GOOGL) are up more than +2%.  In addition, Microsoft (MSFT) is up more than +1%, and Apple (AAPL) is up +0.48%.

Marvell Technology (MRVL) is up more than +8% to lead gainers in the Nasdaq 100, and chip stocks are higher after Nvidia said it is investing $2 billion in the company.  Also, ARM Holdings Plc (ARM) is up more than +6%, and Western Digital (WDC), ON Semiconductor (ON), and Sandisk (SNDK) are up more than +5%.  In addition, Seagate Technology Holdings Plc (STX) is up more than +4%, and Lam Research (LRCX), Broadcom (AVGO), Intel (INTC), and Microchip Technology (MCHP) are up more than +3%.  Finally, NXP Semiconductors NV (NXPI), KLA Corp (KLAC), Applied Materials (AMAT), and ASML Holding NV (ASML) are up more than +2%.

Home builders and building suppliers are moving higher today after the 10-year T-note yield fell to a 1-week low, which lowers mortgage rates and supports housing demand. Builders Firstsource (BLDR) and Toll Brothers (TOL) are up more than +2%.  Also, Lennar (LEN) and Pulte Group (PHM) are up more than +1%, and KB Home (KBH) is up more +0.42%, and DR Horton (DHI) is up +0.40%.

Apellis Pharmaceuticals (APLS) is up more than +136% after being acquired by Biogen for $5.6 billion, or about $41 a share.  Biogen (BIIB) is down more than -4% on the news.

Centessa Pharmaceuticals (CNTA) is up more than +44% after Eli Lilly agreed to buy the company for about $7.8 billion or $38 a share, plus a further $9 a share if three milestone targets are met.

Scholar Rock (SRRK) is up by more than +12% after it resubmitted its Biologics License Application for apitegromab, a muscle-targeted therapy for spinal muscular atrophy.

FactSet Research Systems (FDS) is up more than +7% to lead gainers in the S&P 500 after reporting Q2 revenue of $611 million, better than the consensus of $604.9 million, and raising its full-year revenue forecast to $2.45 billion to $2.47 billion from a previous estimate of $2.42 billion to $2.45 billion, above the consensus of $2.45 billion.

Nebius Group NV (NBIS) is up more than +5% after saying it plans to build a 310-megawatt server facility in Finland.

Phreesia (PHR) is down more than -26% after cutting its 2027 revenue forecast to $510 million to $520 million from a previous forecast of $545 million to $559 million, well below the consensus of $550.9 million.

Constellation Energy (CEG) is down more than -8% to lead losers in the S&P 500 and Nasdaq 100 after forecasting 2026 adjusted operating EPS of $11 to $12.00, the midpoint below the consensus of $11.72.

McCormick & Co (MKC) is down more than -6% after agreeing to acquire Unilever’s Food business for $15.7 billion in cash and $29.7 billion of stock.

Colgate-Palmolive (CL) is down more than -2% after TD Cowen downgraded the stock to hold from buy.

Earnings Reports(3/31/2026)

FactSet Research Systems Inc (FDS), McCormick & Co Inc/MD (MKC), nCino Inc (NCNO), NIKE Inc (NKE), PVH Corp (PVH), RH (RH), TD SYNNEX Corp (SNX). On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

The S&P 500 Index ($SPX) (SPY) today is up +1.33%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +1.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.45%.  June E-mini S&P futures (ESM26) are up +1.48%, and June E-mini Nasdaq futures (NQM26) are up +1.59%.

Stock indexes are moving sharply higher today after the Wall Street Journal reported that President Trump had signaled he was willing to end the US military campaign against Iran even if the Strait of Hormuz remains closed.  The report said Mr. Trump believes the US should wind down hostilities while pressuring Iran diplomatically to reopen the Strait.  If that fails, the US will press allies in Europe and the Gulf to take the lead on reopening the waterway.  US and Israeli forces pressed ahead with attacks on Iran today, while Iran hit a Kuwaiti oil tanker off Dubai in a drone attack, and the UAE reported a drone attack. Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.

Falling bond yields are also supportive of stocks, as the 10-year T-note yield dropped to a 1-week low of 4.30% today.  Bond yields are declining after WTI crude oil prices fell from a 3-week high today and are little changed, easing inflation concerns.

Signs of strength in China’s economy are supportive for global growth prospects and stocks.  The China March manufacturing PMI rose +1.4 to 50.4, better than expectations of 50.1 and the strongest pace of expansion in a year.  Also, the China March non-manufacturing PMI rose +0.6 to 50.1, better than expectations of 49.9.

Crude oil prices (CLK26) remain supported despite President Trump signaling he is willing to end the war with Iran, as the Strait of Hormuz remains effectively closed.  The closure of the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas flows, has choked off oil and gas flows due to Iran’s attacks on shipping in the waterway and forced Gulf producers to cut output because they can’t export from the region.  Iran is also seeking to control ship transit through the Strait of Hormuz, asking vessels to provide lists of crew and cargo, along with voyage details and bills of lading if they want to travel through the waterway. Goldman Sachs warns that crude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March.

The International Energy Agency said last Monday that more than 40 energy sites across nine countries in the Middle East have been "severely or very severely" damaged, potentially prolonging disruptions to global supply chains once the war in Iran ends.

The markets are discounting a 3% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting.

Overseas stock markets are mixed today.  The Euro Stoxx 50 is up +0.60%.  China's Shanghai Composite fell from a 1-week high and closed down -0.80%.  Japan's Nikkei Stock 225 fell to a 3-month low and closed down -1.58%.

Interest Rates

June 10-year T-notes (ZNM6) today are up by +10 ticks.  The 10-year T-note yield is down -4.6 bp to 4.303%.  June T-notes rose to a 1-week high today, and the 10-year T-note yield fell to a 1-week low of 4.295%.  T-notes are climbing today after WTI crude oil prices fell from a 3-week high and were little changed, easing inflation concerns.

European government bond yields are moving lower today.  The 10-year German bund yield is down -2.1 bp to 3.014%.  The 10-year UK gilt yield is down -3.9 bp to 4.895%.

Eurozone Mar CPI rose +2.5% y/y, the most in 14 months, but below expectations of +2.6% y/y.  Mar core CPI rose +2.3% y/y, weaker than expectations of +2.4% y/y.

German Feb retail sales unexpectedly fell -0.6% m/m, weaker than expectations of a +0.3% m/m increase.

ECB Governing Council member Madis Muller said, "The ECB can't rule out changes in interest rates already in April if energy prices remain at a high level for a long time."

Swaps are discounting a 50% chance of a +25 bp ECB rate hike at its next policy meeting on April 30.

US Stock Movers

The Magnificent Seven technology stocks are climbing today, helping lift the overall market.  Meta Platforms (META) is up more than +3%, and Amazon.com (AMZN), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA) are up more than +2%. Also, Alphabet (GOOGL) is up more than +1%, and Apple (AAPL) is up +0.81%.

Marvell Technology (MRVL) is up more than +7% to lead gainers in the Nasdaq 100, and chip stocks are higher after Nvidia said it is investing $2 billion in the company.  Also, ARM Holdings Plc (ARM) is up more than +4%, and Lam Research (LRCX) is up more than +3%. In addition, Western Digital (WDC), Seagate Technology Holdings Plc (STX), NXP Semiconductors NV (NXPI), KLA Corp (KLAC), Applied Materials (AMAT), ASML Holding NV (ASML), and Microchip Technology (MCHP) are up more than +2%.

Home builders and building suppliers are moving higher today after the 10-year T-note yield fell to a 1-week low, which lowers mortgage rates and supports housing demand. Builders Firstsource  (BLDR) and Lennar (LEN) are up more than +4%, and Toll Brothers (TOL) is up more than +2%.  Also, DR Horton (DHI), Pulte Group (PHM), and KB Home (KBH) are up more than +1%.

Apellis Pharmaceuticals (APLS) is up more than +136% after being acquired by Biogen for $5.6 billion, or about $41 a share.

Centessa Pharmaceuticals (CNTA) is up more than +45% after Eli Lilly agreed to buy the company for about $7.8 billion or $38 a share, plus a further $9 a share if three milestone targets are met.

Scholar Rock (SRRK) is up by more than +14% after it resubmitted its Biologics License Application for apitegromab, a muscle-targeted therapy for spinal muscular atrophy.

Nebius Group NV (NBIS) is up more than +7% after saying it plans to build a 310-megawatt server facility in Finland.

FactSet Research Systems (FDS) is up more than +4% after reporting Q2 revenue of $611 million, better than the consensus of $604.9 million, and raising its full-year revenue forecast to $2.45 billion to $2.47 billion from a previous estimate of $2.42 billion to $2.45 billion, above the consensus of $2.45 billion.

Phreesia (PHR) is down more than -23% after cutting its 2027 revenue forecast to $510 million to $520 million from a previous forecast of $545 million to $559 million, well below the consensus of $550.9 million.

McCormick & Co (MKC) is down more than -5% to lead losers in the S&P 500 after agreeing to acquire Unilever’s Food business for $15.7 billion in cash and $29.7 billion of stock.

Constellation Energy (CEG) is down more than -5% to lead losers in the Nasdaq 100 after forecasting 2026 adjusted operating EPS of $11 to $12.00, the midpoint below the consensus of $11.72.

Colgate-Palmolive (CL) is down more than -1% after TD Cowen downgraded the stock to hold from buy.

Earnings Reports(3/31/2026)

FactSet Research Systems Inc (FDS), McCormick & Co Inc/MD (MKC), nCino Inc (NCNO), NIKE Inc (NKE), PVH Corp (PVH), RH (RH), TD SYNNEX Corp (SNX). On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

More news from Barchart

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

The S&P 500 Index ($SPX) (SPY) today is up +1.02%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.10%.  June E-mini S&P futures (ESM26) are up +1.10%, and June E-mini Nasdaq futures (NQM26) are up +1.15%.

Stock indexes are moving sharply higher today after the Wall Street Journal reported that President Trump had signaled he was willing to end the US military campaign against Iran even if the Strait of Hormuz remains closed.  The report said Mr. Trump believes the US should wind down hostilities while pressuring Iran diplomatically to reopen the Strait.  If that fails, the US will press allies in Europe and the Gulf to take the lead on reopening the waterway.  US and Israeli forces pressed ahead with attacks on Iran today, while Iran hit a Kuwaiti oil tanker off Dubai in a drone attack, and the UAE reported a drone attack.

More News from Barchart

Trump Says Micron Is One of the 'Hottest' Stocks. Does That Make MU a Buy Here? Stocks Set to Open Higher as Bond Yields Fall on Fading Rate-Hike Bets, U.S. Jobs Data and Powell’s Remarks Awaited Micron Stock Cools Off — Is MU Now Too Cheap to Ignore? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now!

Falling bond yields are also supportive of stocks, as the 10-year T-note yield dropped to a 1-week low of 4.30% today.  Bond yields are declining amid hopes that an end to the Iran war will lower energy prices, easing inflation concerns.  Stocks also found support today after the US Mar consumer confidence index unexpectedly rose.  Stock indexes fell back from their best levels as crude prices rose more than +1% to a 3-week high.

The US Jan S&P CaseShiller composite-20 home price index rose +1.18% y/y, weaker than expectations of +1.38% y/y and the smallest pace of increase in 2.5 years.

The US Mar MNI Chicago PMI fell -4.9 to 52.8, weaker than expectations of 55.0.

The Conference Board US Mar consumer confidence index unexpectedly rose +0.8 to 91.8, stronger than expectations of a decline to 87.9.

US Feb JOLTS job openings fell -358,000 to 6.882 million, weaker than expectations of 6.890 million.

Signs of strength in China’s economy are supportive for global growth prospects and stocks.  The China March manufacturing PMI rose +1.4 to 50.4, better than expectations of 50.1 and the strongest pace of expansion in a year.  Also, the China March non-manufacturing PMI rose by +0.6 to 50.1, better than expectations of 49.9.

Story Continues

Crude oil prices (CLK26) rose to a 3-week high today and remain supported despite President Trump signaling he is willing to end the war with Iran, as the Strait of Hormuz remains effectively closed.  The closure of the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas flows, has choked off oil and gas flows due to Iran’s attacks on shipping in the waterway and forced Gulf producers to cut output because they can’t export from the region.  Iran is also seeking to control ship transit through the Strait of Hormuz, asking vessels to provide lists of crew and cargo, along with voyage details and bills of lading if they want to travel through the waterway.  Goldman Sachs warns that crude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March.

The International Energy Agency said last Monday that more than 40 energy sites across nine countries in the Middle East have been "severely or very severely" damaged, potentially prolonging disruptions to global supply chains once the war in Iran ends.

The markets are discounting a 3% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting.

Overseas stock markets are mixed today.  The Euro Stoxx 50 is up +0.83%.  China's Shanghai Composite fell from a 1-week high and closed down -0.80%.  Japan's Nikkei Stock 225 fell to a 3-month low and closed down -1.58%.

Interest Rates

June 10-year T-notes (ZNM6) today are up by +8 ticks.  The 10-year T-note yield is down -2.8 bp to 4.321%.  June T-notes rose to a 1-week high today, and the 10-year T-note yield fell to a 1-week low of 4.295%.  T-notes are climbing today on hopes that an end to the Iran war will lower energy prices and ease inflation concerns.  T-notes fell from their best level after the US Mar consumer confidence index unexpectedly rose.

European government bond yields are moving lower today.  The 10-year German bund yield is down -0.6 bp to 3.029%.  The 10-year UK gilt yield is down -2.0 bp to 4.914%.

Eurozone Mar CPI rose +2.5% y/y, the most in 14 months, but below expectations of +2.6% y/y.  Mar core CPI rose +2.3% y/y, weaker than expectations of +2.4% y/y.

German Feb retail sales unexpectedly fell -0.6% m/m, weaker than expectations of a +0.3% m/m increase.

ECB Governing Council member Madis Muller said, "The ECB can't rule out changes in interest rates already in April if energy prices remain at a high level for a long time."

Swaps are discounting a 50% chance of a +25 bp ECB rate hike at its next policy meeting on April 30.

US Stock Movers

The Magnificent Seven technology stocks are climbing today, helping lift the overall market.  Nvidia (NVDA) and Meta Platforms (META) are up more than +3%, and Amazon.com (AMZN), Tesla (TSLA), and Alphabet (GOOGL) are up more than +2%.  In addition, Microsoft (MSFT) is up more than +1%, and Apple (AAPL) is up +0.48%.

Marvell Technology (MRVL) is up more than +8% to lead gainers in the Nasdaq 100, and chip stocks are higher after Nvidia said it is investing $2 billion in the company.  Also, ARM Holdings Plc (ARM) is up more than +6%, and Western Digital (WDC), ON Semiconductor (ON), and Sandisk (SNDK) are up more than +5%.  In addition, Seagate Technology Holdings Plc (STX) is up more than +4%, and Lam Research (LRCX), Broadcom (AVGO), Intel (INTC), and Microchip Technology (MCHP) are up more than +3%.  Finally, NXP Semiconductors NV (NXPI), KLA Corp (KLAC), Applied Materials (AMAT), and ASML Holding NV (ASML) are up more than +2%.

Home builders and building suppliers are moving higher today after the 10-year T-note yield fell to a 1-week low, which lowers mortgage rates and supports housing demand. Builders Firstsource (BLDR) and Toll Brothers (TOL) are up more than +2%.  Also, Lennar (LEN) and Pulte Group (PHM) are up more than +1%, and KB Home (KBH) is up more +0.42%, and DR Horton (DHI) is up +0.40%.

Apellis Pharmaceuticals (APLS) is up more than +136% after being acquired by Biogen for $5.6 billion, or about $41 a share.  Biogen (BIIB) is down more than -4% on the news.

Centessa Pharmaceuticals (CNTA) is up more than +44% after Eli Lilly agreed to buy the company for about $7.8 billion or $38 a share, plus a further $9 a share if three milestone targets are met.

Scholar Rock (SRRK) is up by more than +12% after it resubmitted its Biologics License Application for apitegromab, a muscle-targeted therapy for spinal muscular atrophy.

FactSet Research Systems (FDS) is up more than +7% to lead gainers in the S&P 500 after reporting Q2 revenue of $611 million, better than the consensus of $604.9 million, and raising its full-year revenue forecast to $2.45 billion to $2.47 billion from a previous estimate of $2.42 billion to $2.45 billion, above the consensus of $2.45 billion.

Nebius Group NV (NBIS) is up more than +5% after saying it plans to build a 310-megawatt server facility in Finland.

Phreesia (PHR) is down more than -26% after cutting its 2027 revenue forecast to $510 million to $520 million from a previous forecast of $545 million to $559 million, well below the consensus of $550.9 million.

Constellation Energy (CEG) is down more than -8% to lead losers in the S&P 500 and Nasdaq 100 after forecasting 2026 adjusted operating EPS of $11 to $12.00, the midpoint below the consensus of $11.72.

McCormick & Co (MKC) is down more than -6% after agreeing to acquire Unilever’s Food business for $15.7 billion in cash and $29.7 billion of stock.

Colgate-Palmolive (CL) is down more than -2% after TD Cowen downgraded the stock to hold from buy.

Earnings Reports(3/31/2026)

FactSet Research Systems Inc (FDS), McCormick & Co Inc/MD (MKC), nCino Inc (NCNO), NIKE Inc (NKE), PVH Corp (PVH), RH (RH), TD SYNNEX Corp (SNX).

On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

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Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

Key Takeaways

The majority of stocks have fallen since the war in Iran erupted late last month, with mining, travel, and homebuilder stocks hit particularly hard by the combination of rising oil prices and interest rates. Energy is the only sector in the S&P 500 that has risen during the conflict, but the stocks have lagged oil prices, which one expert says may leave room for more upside.

A month into the war in Iran, investors are feeling the pain.

The Nasdaq Composite entered a technical correction on Thursday, closing more than 10% off its October record high; the index has lost 7.5% of its value this month. The Dow Jones Industrial Average joined it in a correction on Friday and has fallen nearly 8% in March. The S&P 500 has declined about the same amount.

No sector’s stocks have been hit harder by the conflict than materials. Gold miners Coeur Mining (CDE) and Newmont (NEM) are down 37% and 21%, respectively, this month. Their stocks have followed the path of metals prices: Gold has fallen about 14% since the war began despite its reputation as a safe haven asset. Silver has had an even harder time, slumping nearly 25%. (For more on the effects of the war on non-stock assets, read Investopedia'scoverage here.)

Why This Is Important

Wall Street entered 2026 optimistic that, after three years of big gains, markets would continue to grind higher thanks to easing inflation and interest rates, fiscal stimulus, and strong earnings. The war in Iran, about to enter its fifth week, has thrown a wrench in the gears of the economy and threatens to derail the years-old bull market.

The Iran war has exacerbated inflation risks and dashed Wall Street’s hopes for more interest rate cuts. While at least one 2026 rate cut appeared inevitable just months ago, traders now see a nearly 50% chance the Federal Reserve raises rates before the end of the year. Higher interest rates can sap demand for gold, which offers its owners no yield, unlike bonds or dividend-paying stocks. Higher rates have also driven up the value of the dollar, denting international demand for dollar-denominated gold.

Rising interest rates are also behind the underperformance of companies most exposed to the U.S. housing market. The average rate on a 30-year mortgage has risen from about 6% at the start of the war to nearly 6.4%, an increase that threatens the long-awaited revival of a market that’s been stuck in the doldrums since 2022. Homebuilders Lennar (LEN), D.R. Horton (DHI), and PulteGroup (PHM) are all down 15% or more. Construction equipment suppliers like Builders FirstSource (BLDR) and Stanley Black & Decker (SWK) are down more than 20%.

Story Continues

The war has also been a drag on airlines and cruise operators, who likely have little option but to raise prices to offset soaring fuel costs. Shares of Carnival (CCL), Norwegian Cruise Line Holdings (NCLH), and Royal Caribbean (RCL) have fallen between 15% and 23%. Southwest Airlines (LUV) and United Airlines (UAL) are down 24% and 17%, respectively.

Consumer stocks broadly have struggled to overcome concerns that oil prices will raise costs and undercut demand as consumers adjust to higher food and gas prices. The S&P 500 consumer discretionary sector is down nearly 9% since the war began, while the staples sector has shed about 8%. Retailers like Dollar General (DG) and Dollar Tree (DLTR), whose lower-income customers spend a greater share of their income on gas than higher-income consumers, have shed about 25% and 15% of their value, respectively.

It hasn’t been all doom and gloom. The S&P 500’s energy stocks are up more than 12% since the war began, buoyed by a 45% increase in crude oil prices. Refiners like Marathon Petroleum (MPC) and Valero Energy (VLO), up a respective 27% and 24% this month, stand out as the sector’s best performers. Oil producers like Occidental Petroleum (OXY) and ConocoPhillips (COP), which benefit directly and immediately from higher prices, are also up double-digits. The sector’s laggards—if you can call them that, since they're mostly higher themselves—have been oilfield services providers like Baker Hughes (BKR) and Williams Cos. (WMB).

Stock performance within the energy sector—and relative to oil prices—may say a lot about what investors make of the war and its impact on oil supplies, according to experts. Thomas Shipp, head of equity research at LPL Financial, wrote in a note Thursday that the outperformance of crude oil relative to producers’ stocks “may point to the market not trusting the commodity move.” (That is, traders believe the spike in oil prices, and thus the benefit to the sector, will be relatively short-lived.)

Whether they’re correct hinges on the success of negotiations to wind down the conflict and reopen the Strait of Hormuz, the closure of which has deprived the world of about a fifth of its pre-war oil supply. Experts say the two sides are far apart in their demands, and the U.S. is still adding to its military build-up in the region, raising some doubts about the likelihood of a quick diplomatic solution. If oil stays higher for longer, said Shipp, that could propel sector stocks even further.

Update—March 27, 2026: This story has been updated to reflect the close of markets on Friday.

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