SK Hynix, Vertiv Rescue AI Trade As Oil Tops $102 Before Fed: Stock Market Today

SK Hynix Inc. (NASDAQ:SKHY) and Vertiv Holdings Co.

S. stocks modestly ahead of a busy afternoon on Wall Street.

m. S.

military action against Iran. 9% after record third-quarter results.

2 billion, above the roughly 77 trillion won analysts had expected, as the company turned about 80% of its sales into operating profit. 6 trillion won, topping 100 trillion won for the first time.

9%, its biggest one-day gain since July 31. Read Also: EXCLUSIVE: SK Hynix Soars 11% on Record Profit, But This Expert Says Samsung Will Lead HBM in 2027 Vertiv brought the same message from the physical side of the buildout.

77 billion analysts expected. Organic orders more than doubled, and the company raised its full-year outlook.

The rally puts the stock on track for its biggest one-day gain since Feb. 5%.

2%, to 7,738. 3%, to 52,535.

1% to 29,691. Among the Magnificent Seven, Alphabet Inc.

0% ahead of its after-hours results, while Microsoft Corp. 8%.

The Russell 2000 was flat at 2,819. S.

officials reportedly told several Persian Gulf countries to prepare for a short, intense military campaign after the Nov. 3 midterm elections.

Yemen’s Houthi militants also claimed a strike on Saudi Arabia’s Ras Tanura refinery, which Saudi authorities have not confirmed. Treasury yields moved higher with crude.

03%, on track for its first close above 5% since Oct. 21.

33%. 73 ahead of the Fed decision.

4% to $80,420. m.

2%. 3%.

1%. 1%.

0%, the best performance among S&P 500 sectors, as crude climbed on the Iran headlines. 9%, the weakest sector, as higher Treasury yields weighed on rate-sensitive property stocks.

7% as Labcorp Holdings Inc. 2% and GE HealthCare Technologies Inc.

0%, both after beating estimates and raising full-year guidance. 5%, while communication services, consumer discretionary, materials, consumer staples and utilities slipped.

S. chipmakers.

3%, with Micron Technology Inc. 6% and Sandisk Corp.

9%. Solar stocks sank.

9% after Enphase Energy Inc. 5%.

6 million consensus. Wingstop Inc.

4% rally. 4%.

Jones Lang LaSalle Inc. 30.

Hayward Holdings Inc. 9% after the pool equipment maker lifted its full-year outlook.

Evercore Inc. 48 consensus on record third-quarter revenue.

On the downside, F5 Inc. 2% despite beating estimates, as Piper Sandler downgraded the stock to Neutral from Overweight, citing the end of its hardware refresh cycle and potentially peaking growth.

Landstar System Inc. 68 consensus, as the freight transportation company flagged insurance and claims inflation.

H. Robinson Worldwide Inc.

1%. LPL Financial Holdings Inc.

3% after cutting its expected asset retention from the Commonwealth Financial Network acquisition to about 83% from 90%, overshadowing an earnings beat. CoStar Group Inc.

77 billion and agreeing to buy Vexcel Group for $730 million. 02, respectively.

KLA Corp. (NASDAQ:KLAC), Ford Motor Co.

(NYSE:F), Chipotle Mexican Grill Inc. (NYSE:CMG) and eBay Inc.

41, respectively.

Picture of IC Educations

IC Educations

IC Educations is a financial news and trading education site that publishes daily market coverage across stocks, crypto, and business — while promoting paid courses and webinars to "help traders stay ahead of the markets.

Leave a Reply

Your email address will not be published. Required fields are marked *