Today At A Glance:
U.S. stocks climbed to the cusp of record highs as a sharp jump in oil prices—after new U.S. sanctions on Russia’s Rosneft and Lukoil—lifted energy shares and overall risk appetite. The S&P 500 rose about 0.6%, the Dow added 0.3%, and the Nasdaq gained 0.9% by the close. Strong earnings helped: Dow Inc. and Las Vegas Sands both popped after beating forecasts, while healthcare lagged on Molina Healthcare’s guidance cut. Gold bounced and Treasury yields nudged higher into a heavy earnings stretch. Net result: breadth improved with energy leading, and the tape ended just shy of fresh highs.
Today’s Index Performance:
- Dow Jones Industrial Average — The Dow opened today at 46,519.13 and closed today at 46,734.61, with the percentage change of +0.31%.
- S&P 500 — The S&P 500 opened today at 6,703.65 and closed today at 6,738.44, with the percentage change of +0.58%.
- Nasdaq Composite — The Nasdaq opened today at 22,751.33 and closed today at 22,941.80, with the percentage change of +0.89%.
Gainers Of Note:
- Las Vegas Sands (NYSE: LVS) – Casino & resorts; surged ~12% after a clear Q3 beat on revenue and EPS, with standout performance in Singapore and Macau and an expanded capital return plan.
- Dow Inc. (NYSE: DOW) – Chemicals & materials; jumped ~10–11% as a smaller-than-expected quarterly loss and cost actions beat low expectations.
- Medpace Holdings (NASDAQ: MEDP) – Clinical research services; rallied double-digits after outperforming on earnings and outlook.
Losers Of Note:
- Molina Healthcare (NYSE: MOH) – Managed care; plunged ~18–20% after cutting profit guidance again, citing elevated medical costs in ACA plans.
- SAP (NYSE: SAP) – Enterprise software; slipped ~3% as cloud revenue missed estimates in the latest update.
- Moderna (NASDAQ: MRNA) – Biotechnology; fell ~3–4% amid headlines around a halted CMV-vaccine effort and cautious sentiment in the group.
Active Traders Of Note:
- Exxon Mobil (NYSE: XOM) – Integrated energy; high volume as crude jumped ~5% on U.S. sanctions targeting Russian oil majors, boosting the whole energy complex.
- ConocoPhillips (NYSE: COP) – E&P; active alongside energy peers on sanction-driven oil strength and related industry headlines.
- Intel (NASDAQ: INTC) – Semiconductors; brisk trading ahead of (and into) earnings, with shares spiking after hours on a revenue/EPS beat.
Looking Forward:
With indexes hovering near records, earnings quality—especially guidance on demand, margins, and AI capex—will determine whether momentum extends. Energy leadership may persist if sanctions keep crude bid, though higher oil also tests inflation nerves and rate-cut hopes. Watch tomorrow’s prints and any additional Russia-sanction or China-export headlines for sector rotations and volatility cues.
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