Stocks hover near record highs on global oil calm
Stocks steadied near records as markets paused after two big days fueled by hopes Israel Iran conflict won’t choke crude flows. The S&P 500 inched down 0.8 percent from its February high while the Dow slipped 0.2 percent and the Nasdaq rose 0.3 percent. FedEx fell 3.3 percent after mixed quarterly results. General Mills dropped 5.1 percent on weak revenue._GAINERS_: Bumble jumped 25.1 percent after announcing a 30 percent staff cut to save costs. QuantumScape up 30.9 percent on solid state battery breakthrough. Crypto-related stocks rose as bitcoin surged past $107,000, with Coinbase up 3.1 percent.
MENTIONED IN THIS ARTICLE
New York
Uss
U.S
Israel
Iran
Wall Street
FedEx
General Mills
Pillsbury
Progresso Soups
Bumble
QuantumScape
Montrago
AMD
Asml Holding N.V. At&t
AbbVie Inc
Abbott Laboratories
Accenture PLC
Adobe
Amazon
American Express Co
Apple
Avient Corp. Bank of America
Berkshire Hatch B
Caterpillar
Chevron Corp
Cisco Systems Inc
Coca-Cola Consolidated Ir
Costco Wholesale Corp
Darden Restaurants Inc
Diebold Nixdorf Inc
Dine Brands Global Inc
Diney 1
Eli Lilly and Company
Emerson Electric Co
Exxon Mobil
Fifth Third Bancorp
FirstEnergy Corp
Ford Motor Co
GE Aerospace
Goldman Sachs
Home Depot
Honeywell International
Huntington Bancshares
IBM
Intuit Inc
Intuitive Surgical Inc
Jpmorgan Chase & Co
Johnson & Johnson
Keycorp
Linde Ple
Lockheed Martin Corp
Lowe's
Lumen Technologies Inc
Mastercard Inc
McDonald's Corp. Merck & Co. Inc
Meta Platforms Inc
Microsoft Corp
Morgan Stanley
Insource Inc
Nvidia Corp
Netflix Inc
Nordson Corp
Northrop Grumman Corp
Oracle Corp
PNC Financial Services Gr
Palantir Technologies Inc
Parker-Hannifin Corp
Pepsico
Philip Morris Internat. Inc
Procter & Gamble
Qualcomm Inc
RPM International Inc
RTX Corp
Royal Bank of Canada
Salesforce Inc
Sherwin-Williams
Six Flags Entertainment C
Smucker
T-Mobile
Tesla Inc
Texas Instruments
UPS
UnitedHealth Group Inc
VISA
Verizon
Walmart
Wells Fargo
Wendy's
Otal Asset
NAV
Amrenbala
Grfamrca
Incamrca
Invcamrca
Nwprspctra
Vanguard
PrmCpAdmrl
Fed chief Powell warns tariffs may lift inflation in coming months
Fed Chair Jerome Powell told lawmakers tariffs could raise consumer prices over coming months. He said most officials favor rate cuts this year but want more data before move. Some GOP senators challenged his inflation view while Trump floated Powell replacement names.
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Washington
Federal Reserve
Jerome Powell
Donald Trump
House
Senate
Powell
Fed
Senate Banking Committee
GOP
Pete Ricketts
Nebraska
Bernie Moreno
Westlake
Trump
Moreno
Supreme Court
Wall Street
Massachusetts
Elizabeth Warren
Banking Committee
Warren
Oil prices steady as Middle East tensions ease
Prices cooled after a spike from Iran Israel tensions and a ceasefire in Iran's nuclear dispute. Brent and WTI fell over 6 percent, with Texas gas averages nudging up slightly while industry leaders tout energy security as insulation against future price shocks. Texas officials say robust production and infrastructure bolster resilience even as global risks remain.
MENTIONED IN THIS ARTICLE
Dallas Fed
Middle East
U.S
Donald Trump
U.S. Department of Energy
Texas
AAA
Todd Staples
Texas Oil & Gas Association
Staples
Senate GOP revives food stamp cost share plan in Senate bill
The Senate Agriculture panel published revised cost share rules for SNAP in the reconciliation package. The change would require states to cover up to 15 percent of benefits starting 2028, easing House’s 25 percent share. Michigan warns of cuts to nearly 1.5 million recipients if imposed.
MENTIONED IN THIS ARTICLE
Washington
Senate
Senate Agriculture Panel
Senate Agriculture
John Boozman
Sara Lasure
Boozman
Michigan
U.S. House
House
U.S
Kristen McDonald Rivet
Bay City
House Agriculture
SNAP
Stock Market Footnotes and SEC Filing Delays
A fragmented stock market note discusses late SEC filings past half the period, warrants nuances, and mutual fund footnotes on redemption fees. It cites sources from Associates and mentions asset value impacts and penny-plain fund activity.
MENTIONED IN THIS ARTICLE
SEC
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Stan Chee
Associated Press
Rome H, Powell
Federal Reserve Board
Senate Committee On Banking
Capitol Hill
Strait of Hormuz
Morningstar Dbrs
Saudi Arabia
Iraq
Kuwait
Brent
West Texas Intermediate
Detroit News
U.S. Capitol
the Market In Review
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DOW Trans
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