Stock market today: S&P 500 and Nasdaq rise, Dow slips amid fresh inflation data, continued Iran fallout

^GSPC ^DJI ^IXIC

• 

  US stocks divided astatine the opening doorbell connected Wednesday

  The US banal marketplace opened Wednesday's trading league connected mixed footing arsenic investors eyed attacks connected shipping successful the Iran warfare and assessed the latest ostentation report, which came successful enactment with expectations.

  The Nasdaq Composite (^IXIC) led gains, rising 0.3%, portion the S&P 500 (^GSPC) gained astir 0.2%. Meanwhile, the Dow Jones Industrial Average (^DJI) slipped by astir 0.2%.

  DJI - Free Realtime Quote • USD

  47,396.38 -310.13 (-0.65%)

  As of 9:50:02 AM EDT. Market Open.

  ^DJI ^GSPC ^IXIC

  Crude prices roseate connected quality that 3 vessels came nether occurrence successful the Strait of Hormuz connected Wednesday morning. Futures for West Texas Intermediate (CL=F) and Brent (BZ=F) crude gained, trading supra $85 and $90 a barrel, respectively. In an effort to enactment a lid connected vigor pricing, the IEA has projected a grounds merchandise of reserves to easiness the proviso crunch and enactment the brakes connected a roaring lipid rally.

  On the economical calendar, February's Consumer Price Index showed user prices roseate 0.3% implicit the erstwhile period and 2.4% twelvemonth implicit year, matching expectations. The CPI speechmaking volition beryllium followed by January’s Personal Consumption Expenditures scale connected Friday.

  In earnings, Oracle (ORCL) shares jumped connected a beardown net study and outlook.

• 

  Stock futures leak little aft CPI print

  After a precise little spike upwards, which was rapidly reversed, the futures of the large indexes (YM=F, NQ=F, ES=F) positive the Russell 2000 (RTY=F) are each drifting lower, with each but Nasdaq futures hitting caller league lows. Nevertheless, the declines are modest.

  The absorption successful bonds is much material.

  Long-term yields (^TNX, ^TYX) were already higher coming into the study and person added to gains. The 10-year and 30-year yields are some up 5 ground points to one-month highs. Both tenors are seeing their biggest monthly jumps since past May, arsenic higher uncertainty and higher lipid prices provender into the enslaved math.

  When the marketplace opens shortly, absorption volition beryllium connected the 6,800 level successful the S&P 500 (^GSPC), which has been the battleground since the Iran struggle began. The past 2 days, the benchmark scale has closed wrong a fewer points of that level.

• 

  Inflation rises 0.3% successful February, successful enactment with expectations

  Consumer prices roseate 0.3% successful February implicit the erstwhile month, according to information released by the Bureau of Labor Statistics connected Friday morning, matching expectations and rising somewhat higher than the erstwhile month's 0.2% increase. The ostentation measurement roseate 2.4% twelvemonth implicit year, besides matching expectations and January's year-on-year reading.

  The "core" Consumer Price Index, which excludes the volatile nutrient and vigor categories, roseate by 0.2% from the erstwhile period and 2.5% implicit the erstwhile year. Both readings were successful enactment with economists' expectations.

  The month-over period speechmaking for halfway ostentation cooled somewhat from January's 0.3% increase, portion the year-on-year speechmaking remained unchanged from the erstwhile month.

  Fuel lipid and inferior state prices roseate 11.1% and 3.1%, respectively, from the erstwhile month, driven successful portion by a cold-weather drawback that blanketed the US with freezing temperatures, prompting Americans to crank up their heat.

  As Yahoo Finance's Emma Ockerman noted, the study covers the play earlier the warfare with Iran broke out, which has raised state prices and fueled concerns of higher inferior bills.

  "Perhaps much important than the [February] information is the evolving hazard abstraction for inflation," Bank of America's Stephen Juneau said successful a probe study past week, noting that a longer struggle "would enactment upward unit connected headline, halfway ostentation and ostentation expectations successful the months ahead."

  Gasoline prices roseate 0.8% period implicit period successful February, but that fig could leap successful aboriginal reports. Gas pump prices averaged $3.578 per gallon nationally, up from $2.937 1 period ago.

• 

  Shell, different companies state unit majeure connected LNG deliveries aft QatarEnergy works unopen down

  Shell (SHEL) is among a radical of companies that person declared unit majeure connected LNG deliveries to Asia aft the shutdown of the Las Raffan LNG analyzable successful Qatar, Bloomberg reported. Force majeure is simply a ineligible measurement that frees suppliers from liability successful bonzer circumstances.

  Shares successful the British vigor large picked up a spot much than 1% successful premarket trading connected Wednesday greeting aft an archetypal driblet connected the news.

  Shell has an equity concern with QatarEnergy, the state-run Qatari vigor elephantine that operates Las Raffan, the world's largest azygous LNG plant. Las Raffan has present been unopen for respective days aft drone strikes amid the Iran war, putting aggravated unit connected the planetary LNG market.

  QatarEnergy declared unit majeure connected its vigor deliveries, and it's unclear erstwhile the works volition beryllium brought backmost online.

• Activist capitalist Starboard takes involvement successful CarMax, sending shares higher

  CarMax (KMX) banal roseate 8% successful premarket trading connected quality that activistic capitalist Starboard Value has built a $350 cardinal involvement successful the company.

  According to Bloomberg, Starboard nominated its CEO, Jeff Smith, and Frontdoor's CEO, Bill Cobb, to the CarMax board. The activistic supports CarMax's incoming CEO, Keith Barr, but is looking to accelerate the used-car dealer's turnaround plans.

  Bloomberg reports:

  Read much here.

• Inflation successful February: Prices expected to person held steady, but past warfare broke out

  Market watchers and consumers volition soon get caller information connected however overmuch ostentation shifted successful February, with the merchandise of the CPI study astatine 8:30 a.m. ET.

  Yahoo Finance's Emma Ockerman takes a look astatine what to ticker successful the data:

  Read much here.

• JPMorgan limits backstage recognition lending aft indebtedness markdowns

  Growing concerns astir recognition prime besides weighed connected the marketplace mood, aft reports that JPMorgan (JPM) has marked down the worth of backstage recognition indebtedness portfolios and tightened lending.

  From Bloomberg:

  Read much here.

• Three ships deed by projectiles successful Middle East, UK navy says

  Three commercialized vessels came nether occurrence successful the Gulf aboriginal connected Wednesday greeting arsenic Iran launched strikes against oil-exporting neighbors, successful a continued menace to shipping successful the important Strait of Hormuz waterway.

  Bloomberg reports:

  Read much here.

• 

  Oracle beats Q3 estimates, banal rises connected higher 2027 outlook

  Oracle (ORCL) reported its 3rd 4th net aft the doorbell connected Tuesday, beating expectations connected the apical and bottommost lines, portion raising its 2027 gross guidance to $90 billion, sending the company's banal higher.

  Shares jumped arsenic overmuch arsenic 10% during premarket trading connected Wednesday

  The announcement comes amid reports that the institution has axed plans to grow an AI information halfway with OpenAI (OPAI.PVT) and that it’s preparing to chopped thousands of jobs.

  NYSE - Nasdaq Real Time Price • USD

  168.68 +19.28 (+12.90%)

  As of 9:50:02 AM EDT. Market Open.

  In the archetypal quarter, gross is expected to beryllium level to up 2% twelvemonth implicit twelvemonth to a scope of $117 cardinal to $120 million, compared to $124 cardinal expected.

  Groupon's CEO Dusan Senkypl attributed immoderate of the weakness to request challenges successful the online discount marketplace's non-paid channels.

  "The gait of maturation betterment successful 2026 volition beryllium much mean than the trajectory we were gathering toward," Senkypl said. "The headwinds I described successful organic, owned, and endeavor channels are addressable, and we person wide enactment plans against each, but the fixes volition instrumentality clip to compound."

  In the 4th quarter, net per stock of $0.17 were successful enactment with Wall Street estimates. Revenue of $132.7 cardinal missed the Street's forecast of $136.5 million.

• Groupon banal falls arsenic outlook disappoints

  Groupon (GRPN) banal swung 10% little successful premarket trading connected Wednesday pursuing the company's weaker-than-expected fiscal guidance.

  For 2026, Groupon forecast gross of $513 cardinal to $523 million, beneath analysts' expectations of $540 million, according to S&P Global Market Intelligence. Billings are expected to turn 3% to 5%.

  In the archetypal quarter, gross is expected to beryllium level to up 2% twelvemonth implicit twelvemonth to a scope of $117 cardinal to $120 million, compared to $124 cardinal expected.

  Groupon's CEO Dusan Senkypl attributed immoderate of the weakness to request challenges successful the online discount marketplace's non-paid channels.

  "The gait of maturation betterment successful 2026 volition beryllium much mean than the trajectory we were gathering toward," Senkypl said. "The headwinds I described successful organic, owned, and endeavor channels are addressable, and we person wide enactment plans against each, but the fixes volition instrumentality clip to compound."

  In the 4th quarter, net per stock of $0.17 were successful enactment with Wall Street estimates. Revenue of $132.7 cardinal missed the Street's forecast of $136.5 million.

• 

  Why 1 of the hottest stocks has shaken disconnected marketplace unrest

  One of the axenic banal stories successful the past week of Operation Epic Fury volatility is memory-chip play Sandisk (SNDK).

  The banal is up 10% successful the past 5 days. That brings its one-year summation to an eye-watering 1,067%.

  I deliberation what Hewlett Packard Enterprise (HPE) CEO Antonio Neri told maine this week connected the outlook for representation spot prices explains the determination successful Sandisk:

  Higher spot prices weighed connected HPE's quarter, arsenic you tin ticker successful the beneath clip.

• 

  Summing up the Oracle quarter

  It was a well-received 4th from Oracle (ORCL) — the banal is up adjacent to 10% successful premarket.

  NYSE - Nasdaq Real Time Price • USD

  168.68 +19.28 (+12.90%)

  As of 9:50:02 AM EDT. Market Open.

  I deliberation this call-out from the RBC Capital Markets squad sums up the wide reasoning connected the Street for Oracle, post-earnings merchandise connected Tuesday:

• Oil terms bounces arsenic International Energy Agency debates largest merchandise of reserves connected record

  Bloomberg reports:

  NY Mercantile - Delayed Quote • USD

  86.49 +1.22 (+1.43%)

  As of 9:38:19 AM EDT. Market Open.

  BZ=F CL=F

  Read much here.

• Gold holds arsenic volatility spreads successful vigor markets

  Bloomberg report:

  Read much here.