Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.

Компания Alaska Air Group, Inc. демонстрирует смешанную картину по фундаментальным метрикам. С одной стороны, уровень выручки значительно выше медианы отрасли, что указывает на сильные позиции на рынке. Однако, мультипликаторы, такие как P/E и P/B, показывают высокие значения, значительно превышающие средние по отрасли, что может свидетельствовать о переоцененности акций. Долговая нагрузка также вызывает опасения, так как коэффициент долговой нагрузки значительно выше медианы, что увеличивает финансовые риски. При этом, низкие значения ROE и ROA указывают на недостаточную эффективность использования капитала. Дивидендная доходность остается на уровне 0.57%, что не является привлекательным для инвесторов. Основные финансовые показатели, такие как чистая прибыль и операционная прибыль, показывают рост, но в условиях высоких долговых обязательств это не компенсирует другие негативные аспекты. В общем, с учетом вышеперечисленных факторов, необходимо пересмотреть целевую цену, учитывая высокие риски и недооцененные показатели эффективности.

Alaska Air Group, Inc.

The S&P 500 Index ($SPX) (SPY) on Thursday closed down -1.52%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.73%. March E-mini S&P futures (ESH26) fell -1.49%, and March E-mini Nasdaq futures (NQH26) fell -1.75%.
Stocks fell sharply on Thursday as a surge in crude oil prices stoked fears that the war against Iran would crimp global fuel supplies and boost inflation. WTI crude oil prices soared more than +9% on Thursday amid widening disruptions to crude production and transport in the Middle East.
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Stocks extended their losses on Thursday, and crude prices added to their gains on comments from Iran’s Supreme Leader Ayatollah Mojtaba Khamenei, who said that Iran’s leverage of closing the Strait of Hormuz should be used, and attacks on Gulf Arab neighbors will continue. He added that Iran will open unspecified “other fronts” in the war if the US and Israel persist with their attacks. Also, comments from President Trump gave crude prices a boost when he said that preventing Iran from having nuclear weapons is "of far greater interest and importance" to him than the cost of oil, a sign that the war in the Middle East isn't close to a de-escalation.
Credit concerns weighed on bank stocks and asset managers on Thursday after Morgan Stanley and Cliffwater LLC capped withdrawals from their private credit funds amid investor demand to redeem more than the funds allow. Private credit funds are grappling with a wave of redemption requests amid growing concerns over the quality of their loans. BlackRock last week decided to limit withdrawals, a move that other asset managers have since followed.
Crude oil prices rallied sharply on Thursday despite the IEA members' decision on Wednesday to release 400 million barrels from emergency oil stockpiles. The IEA said the war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd this month. 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. UK Defense Secretary Healey said Thursday that it is increasingly evident that Iran is laying mines in the Strait of Hormuz, which could keep the strait closed for the foreseeable future.
Iran’s President Masoud Pezeshkian said his country would need “firm international guarantees against future aggression” to accept a ceasefire as well as reparations. However, comments from President Trump late Wednesday suggest the conflict could continue for weeks when he said that it would be unwise for the US to wind down hostilities too soon.
US economic news on Thursday was mixed for stocks after weekly jobless claims rose less than expected, a sign of labor market strength. Also, Jan housing starts unexpectedly rose to an 11-month high, but Jan building permits fell to a 5-month low.
US weekly initial unemployment claims fell -1,000 to 213,000, showing a stronger labor market than expectations of an increase to 215,000.
US Jan housing starts unexpectedly rose +7.2% m/m to an 11-month high of 1.487 million, stronger than expectations of a decline to 1.341 million. Jan building permits, a proxy for future construction, fell -5.4% m/m to a 5-month low of 1.376 million, weaker than expectations of 1.410 million.
The US Jan trade deficit shrank to -$54.5 billion, narrower than expectations of -$66.0 billion.
Q4 earnings season is nearly over, with more than 98% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 495 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 0% chance for a -25 bp FOMC rate cut at the next policy meeting on March 17-18.
Overseas stock markets settled lower on Thursday. The Euro Stoxx 50 closed down -0.79%. China's Shanghai Composite fell from a 1-week high and closed down -0.10%. Japan's Nikkei Stock 225 closed down -1.04%.
Interest Rates
June 10-year T-notes (ZNM6) on Thursday closed down by -18.5 ticks. The 10-year T-note yield rose +3.9 bp to 4.269%. June T-notes fell to a 5-week low on Thursday, and the 10-year T-note yield climbed to a 5-week high of 4.275%. Thursday’s +9% rally in oil prices raised inflation expectations and undercut T-note prices. Also, concerns that the cost of the ongoing war against Iran will boost the US budget deficit are bearish for T-notes. On the positive side for T-notes on Thursday was strong demand for the Treasury’s $22 billion auction of 30-year T-bonds that had a bid-to-cover ratio of 2.45, above the 10-auction average of 2.39.
European government bond yields moved higher on Thursday. The 10-year German bund yield rose to a 2.25-year high of 2.962% and finished up +2.5 bp to 2.957%. The 10-year UK gilt yield climbed to a 6.25-month high of 4.800% and finished up +8.7 bp to 4.773%.
The European Union's economy chief, Valdis Dombrovskis, said the inflation rate could surpass 3% this year, and GDP in the Eurozone could be as much as -0.4 points lower if the war in the Middle East causes crude oil prices to remain around $100 per barrel and gas prices stay elevated for an extended period.
Swaps are discounting a 3% chance of a -25 bp ECB rate hike at its next policy meeting on March 19.
US Stock Movers
Airline stocks and cruise line operators sold off on Thursday amid a 9% surge in crude oil prices, which are boosting companies’ fuel costs and threatening earnings. Carnival (CCL) and Southwest Airlines (LUV) closed down more than -7%, and Alaska Air Group (ALK) and Royal Caribbean Cruises (RCL) closed down more than -6%. Also, United Airlines Holdings (UAL), Norwegian Cruise Line Holdings (NCLH), and American Airlines Group (AAL) closed down more than -4%. In addition, Delta Airlines (DAL) closed down more than -2%.
Chip stocks retreated on Thursday, weighing on the broader market. Intel (INTC) closed down more than -5%, and Lam Research (LRCX), ARM Holdings Plc (ARM), Microchip Technology (MCHP), and Texas Instruments (TXN) closed down more than -4%. Also, Applied Materials (AMAT), KLA Corp (KLAC), Analog Devices (ADI), Advanced Micro Devices (AMD), Micron Technology (MU), and Marvell Technology (MRVL) closed down more than -3%.
Credit concerns weighed on bank stocks and asset managers on Thursday after Morgan Stanley and Cliffwater LLC capped withdrawals from their private credit funds amid investor demand to redeem more than the funds allow. Ares Management (ARES) closed down more than -6%, and
Goldman Sachs (GS) closed down more than -4% to lead losers in the Dow Jones Industrials. Also, Morgan Stanley (MS), KKR & Co (KKR), and Citigroup (C) closed down more than -3%.
The Magnificent Seven technology stocks fell on Thursday, pressuring the broader market. Tesla (TSLA) closed down more than -3%, and Meta Platforms (META) closed down more than -2%. Also, Alphabet (GOOGL), Apple (AAPL), Amazon.com (AMZN), and Nvidia (NVDA) closed down more than -1%, and Microsoft (MSFT) closed down -0.73%.
Fertilizer stocks rallied on Thursday amid supply disruptions from the closure of the Strait of Hormuz. CF Industries Holdings (CF) closed up more than +13% to lead gainers in the S&P 500. Also, Intrepid Potash (IPI) closed up more than +10%, and Mosaic (MOS) closed up more than +7%.
Energy producers and service providers rose on Thursday after crude prices jumped more than +9%. ConocoPhillips (COP), Chevron (CVX), Phillips 66 (PSX), and Valero Energy (VLO) closed up more than -2%. Also, APA Corp (APA), Devon Energy (DVN), Exxon Mobil (XOM), and Marathon Petroleum (MPC) closed up more than +1%.
Netskope (NTSK) closed down more than -21% after forecasting a Q1 adjusted net loss per share of -6 cents to -7 cents, wider than Q4’s -4 cent EPS loss.
G-III Apparel Group Ltd (GIII) closed down more than -11% after reporting Q4 net sales of $771.5 million, below the consensus of $791.8 million.
UiPath (PATH) closed down more than -7% after reporting Q4 subscription revenue of $251.2 million, below the consensus of $252.1 million.
Dollar General (DG) closed down more than -6% after giving an underwhelming 2027 comparable sales forecast of up +2.2% to +2.7%, the midpoint right on the consensus of +2.45%.
GlobalFoundries (GFS) closed down more than -5% after a subsidiary of Mubadala Investment Co. was said to sell as much as $852 million of its stake in the stock overnight at $41.60 to $42.60 per share.
MercadoLibre (MELI) closed down more than -4% after JPMorgan Chase downgraded the stock to neutral from overweight.
LyondellBasell Industries NV (LYB) closed up more than +10% after Citigroup upgraded the stock to buy from neutral with a price target of $76.
Dow Inc. (DOW) closed up more than +9% after Citigroup upgraded the stock to buy from neutral with a price target of $40.
Occidental Petroleum (OXY) closed up more than +5% after Wells Fargo Securities double upgraded the stock to overweight from underweight with a price target of $69.
Earnings Reports(3/13/2026)
4D Molecular Therapeutics Inc (FDMT), Actuate Therapeutics Inc (ACTU), AirSculpt Technologies Inc (AIRS), AlTi Global Inc (ALTI), American Vanguard Corp (AVD), Avidity Biosciences Inc (RNAM), Better Home & Finance Holding (BETR), Bit Digital Inc (BTBT), Blue Foundry Bancorp (BLFY), Buckle Inc/The (BKE), CapsoVision Inc (CV), Citizens Inc/TX (CIA), Emerald Holding Inc (EEX), Eve Holding Inc (EVEX), GoHealth Inc (GOCO), Gossamer Bio Inc (GOSS), John Marshall Bancorp Inc (JMSB), LENSAR Inc (LNSR), MeiraGTx Holdings plc (MGTX), NET Lease Office Properties (NLOP), Perma-Fix Environmental Services (PESI), Value Line Inc (VALU), Waldencast plc (WALD).
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
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Slump on Iran War and Credit Woes

The S&P 500 Index ($SPX) (SPY) today is down -1.22%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.46%. March E-mini S&P futures (ESH26) are down -1.20%, and March E-mini Nasdaq futures (NQH26) are down -1.40%.
Stocks are under pressure today as crude oil prices keep rising amid widening disruptions to production and transport in the Middle East. WTI crude oil prices are up more than +9% today after Iraq suspended oil terminal activity following an attack by Iran on two tankers. Oman also temporarily evacuated a key oil export hub at Mina Al Fahal, and Iran escalated attacks on Dubai.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks extended their losses today, and crude prices added to their gains on comments from Iran’s Supreme Leader Ayatollah Mojtaba Khamenei, who said that Iran’s leverage of closing the Strait of Hormuz should be used and attacks on Gulf Arab neighbors will continue. He added that Iran will open unspecified “other fronts” in the war if the US and Israel persist with their attacks.
Credit concerns are weighing on bank stocks and asset managers today after Morgan Stanley and Cliffwater LLC capped withdrawals from their private credit funds amid investor demand to redeem more than the funds allow. Private credit funds are grappling with a wave of redemption requests amid growing concerns over the quality of their loans. BlackRock last week decided to limit withdrawals, a move that other asset managers have since followed.
Crude oil prices are moving higher today despite the IEA members' decision on Wednesday to release 400 million barrels from emergency oil stockpiles. The IEA said the war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd this month. 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’s President Masoud Pezeshkian said his country would need “firm international guarantees against future aggression” to accept a ceasefire as well as reparations. However, comments from President Trump late Wednesday suggest the conflict could continue for weeks when he said that it would be unwise for the US to wind down hostilities too soon.
US economic news today was mixed for stocks after weekly jobless claims rose less than expected, a sign of labor market strength. Also, Jan housing starts unexpectedly rose to an 11-month high, but Jan building permits fell to a 5-month low.
US weekly initial unemployment claims fell -1,000 to 213,000, showing a stronger labor market than expectations of an increase to 215,000.
US Jan housing starts unexpectedly rose +7.2% m/m to an 11-month high of 1.487 million, stronger than expectations of a decline to 1.341 million. Jan building permits, a proxy for future construction, fell -5.4% m/m to a 5-month low of 1.376 million, weaker than expectations of 1.410 million.
The US Jan trade deficit shrank to -$54.5 billion, narrower than expectations of -$66.0 billion.
Q4 earnings season is nearly over, with more than 95% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 492 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 0% chance for a -25 bp FOMC rate cut at the next policy meeting on March 17-18.
Overseas stock markets are lower. The Euro Stoxx 50 is down -1.30%. China's Shanghai Composite fell from a 1-week high and closed down -0.10%. Japan's Nikkei Stock 225 closed down -1.04%.
Interest Rates
June 10-year T-notes (ZNM6) are down by -8 ticks. The 10-year T-note yield is up +1.4 bp to 4.243%. June T-notes fell to a 5-week low today, and the 10-year T-note yield climbed to a 5-week high of 4.249%. Today’s +9% rally in oil prices is raising inflation expectations and undercutting T-note prices. Also, concerns that the cost of the ongoing war against Iran will boost the US budget deficit are bearish for T-notes. In addition, supply pressures are weighing on T-notes as the Treasury will auction $22 billion of 30-year bonds later today.
European government bond yields are moving higher today. The 10-year German bund yield rose to a 2.25-year high of 2.962% and is up +1.6 bp to 2.948%. The 10-year UK gilt yield is up +9.7 bp to 4.784%.
The European Union's economy chief, Valdis Dombrovskis, said the inflation rate could surpass 3% this year and GDP in the Eurozone could be as much as -0.4 points lower if the war in the Middle East causes crude oil prices to remain around $100 per barrel and gas prices stay elevated for an extended period.
Swaps are discounting a 3% chance of a -25 bp ECB rate hike at its next policy meeting on March 19.
US Stock Movers
Airline stocks and cruise line operators are falling today due to the 8% surge in crude oil prices, which are boosting companies’ fuel costs and threatening earnings. Carnival (CCL) and Royal Caribbean Cruises (RCL) are down more than -6%, and United Airlines Holdings (UAL) is down more than -4%. Also, Norwegian Cruise Line Holdings (NCLH), American Airlines Group (AAL), Alaska Air Group (ALK), and Southwest Airlines (LUV) are down more than -3%. In addition, Delta Airlines (DAL) is down more than -2%.
Chip stocks are sliding today, weighing on the broader market. Lam Research (LRCX), Applied Materials (AMAT), ARM Holdings Plc (ARM), Micron Technology (MU), and Intel (INTC) are down more than -4%. Also, ASML Holding NV (ASML), Analog Devices (ADI), Advanced Micro Devices (AMD), KLA Corp (KLAC), Microchip Technology (MCHP), and Texas Instruments (TXN) are down more than -3%.
Credit concerns are weighing on bank stocks and asset managers today after Morgan Stanley and Cliffwater LLC capped withdrawals from their private credit funds amid investor demand to redeem more than the funds allow. Morgan Stanley (MS) and KKR & Co (KKR) are down more than -4%. Also, Goldman Sachs (GS) is down more than -3% to lead losers in the Dow Jones Industrials. In addition, Citigroup (C) and Ares Management (ARES) are down more than -3%.
Fertilizer stocks are climbing today amid supply disruptions from the closure of the Strait of Hormuz. CF Industries Holdings (CF) is up more than +10% to lead gainers in the S&P 500. Also, Intrepid Potash (IPI) is up more than +8%, and Mosaic (MOS) is up more than +5%.
Netskope (NTSK) is down more than -24% after forecasting a Q1 adjusted net loss per share of -6 cents to -7 cents, wider than Q4’s -4 cent EPS loss.
G-III Apparel Group Ltd (GIII) is down more than -12% after reporting Q4 net sales of $771.5 million, below the consensus of $791.8 million.
GlobalFoundries (GFS) is down more than -6% after a subsidiary of Mubadala Investment Co. was said to sell as much as $852 million of its stake in the stock overnight at $41.60 to $42.60 per share.
Dollar General (DG) is down more than -5% after giving an underwhelming 2027 comparable sales forecast of up +2.2% to +2.7%, the midpoint right on the consensus of +2.45%.
UiPath (PATH) is down more than -5% after reporting Q4 subscription revenue of $251.2 million, below the consensus of $252.1 million.
MercadoLibre (MELI) is down more than -5% to lead losers in the Nasdaq 100 after JPMorgan Chase downgraded the stock to neutral from overweight.
Dow Inc. (DOW) is up more than +6% after Citigroup upgraded the stock to buy from neutral with a price target of $40.
LyondellBasell Industries NV (LYB) is up more than +5% after Citigroup upgraded the stock to buy from neutral with a price target of $76.
Occidental Petroleum (OXY) is up more than +4% after Wells Fargo Securities double upgraded the stock to overweight from underweight with a price target of $69.
Atlassian Corp (TEAM) is up more than +2% after announcing a restructuring that will eliminate about 10% of its workforce. UBS upgraded the stock to buy from neutral with a price target of $97.
Earnings Reports(3/12/2026)
Dollar General Corp (DG), Ulta Beauty Inc (ULTA), Lennar Corp (LEN), Adobe Inc (ADBE).
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
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Retreat Amid Rising Crude Prices and Credit Worries

The S&P 500 Index ($SPX) (SPY) today is down -0.88%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.06%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.03%. March E-mini S&P futures (ESH26) are down -0.97%, and March E-mini Nasdaq futures (NQH26) are down -1.10%.
Stocks are under pressure today as crude oil prices keep rising amid widening disruptions to production and transport in the Middle East. WTI crude oil prices are up more than +8% today after Iraq suspended oil terminal activity following an attack by Iran on two tankers. Oman also temporarily evacuated a key oil export hub at Mina Al Fahal, and Iran escalated attacks on Dubai. Crude prices extended their gains today on comments from Iran’s Supreme Leader Ayatollah Mojtaba Khamenei, who said that Iran’s leverage of closing the Strait of Hormuz should be used and attacks on Gulf Arab neighbors will continue.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Crude oil prices are moving higher today despite the IEA members' decision on Wednesday to release 400 million barrels from emergency oil stockpiles. The IEA said the war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd this month. 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’s President Masoud Pezeshkian said that his country would need “firm international guarantees against future aggression” to accept a ceasefire as well as reparations. However, comments from President Trump late Wednesday suggest the conflict could continue for weeks when he said that it would be unwise for the US to wind down hostilities too soon.
US economic news today was mixed for stocks after weekly jobless claims rose less than expected, a sign of labor market strength. Also, Jan housing starts unexpectedly rose to an 11-month high, but Jan building permits fell to a 5-month low.
US weekly initial unemployment claims fell -1,000 to 213,000, showing a stronger labor market than expectations of an increase to 215,000.
US Jan housing starts unexpectedly rose +7.2% m/m to an 11-month high of 1.487 million, stronger than expectations of a decline to 1.341 million. Jan building permits, a proxy for future construction, fell -5.4% m/m to a 5-month low of 1.376 million, weaker than expectations of 1.410 million.
The US Jan trade deficit shrank to -$54.5 billion, narrower than expectations of -$66.0 billion.
Q4 earnings season is nearly over, with more than 95% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 492 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 0% chance for a -25 bp FOMC rate cut at the next policy meeting on March 17-18.
Overseas stock markets are lower. The Euro Stoxx 50 is down -0.86%. China's Shanghai Composite fell from a 1-week high and closed down -0.10%. Japan's Nikkei Stock 225 closed down -1.04%.
Interest Rates
June 10-year T-notes (ZNM6) are down by -9 ticks. The 10-year T-note yield is up +1.6 bp to 4.245%. June T-notes fell to a 5-week low today, and the 10-year T-note yield climbed to a 5-week high of 4.249%. Today’s +8% rally in oil prices is raising inflation expectations and undercutting T-note prices. Also, concerns that the cost of the ongoing war against Iran will boost the US budget deficit are bearish for T-notes. In addition, supply pressures are weighing on T-notes as the Treasury will auction $22 billion of 30-year bonds later today.
European government bond yields are mixed today. The 10-year German bund yield rose to a 2.25-year high of 2.958% and is up +1.2 bp to 2.944%. The 10-year UK gilt yield is up +5.3 bp to 4.739%.
The European Union's economy chief, Valdis Dombrovskis, said the inflation rate could surpass 3% this year and GDP in the Eurozone could be as much as -0.4 points lower if the war in the Middle East causes crude oil prices to remain around $100 per barrel and gas prices stay elevated for an extended period.
Swaps are discounting a 4% chance of a -25 bp ECB rate hike at its next policy meeting on March 19.
US Stock Movers
Airline stocks and cruise line operators are falling today due to the 8% surge in crude oil prices, which are boosting companies’ fuel costs and threatening earnings. Carnival (CCL), Royal Caribbean Cruises (RCL), Norwegian Cruise Line Holdings (NCLH), United Airlines Holdings (UAL), American Airlines Group (AAL), Alaska Air Group (ALK), and Southwest Airlines (LUV) are down more than -3%. Also, Delta Airlines (DAL) is down more than -2%.
Chip stocks are sliding today, weighing on the broader market. Lam Research (LRCX), Applied Materials (AMAT), and Micron Technology (MU) are down more than -3%. Also, ASML Holding NV (ASML), Intel (INTC), Analog Devices (ADI), Advanced Micro Devices (AMD), KLA Corp (KLAC), ARM Holdings Plc (ARM), Microchip Technology (MCHP), and Texas Instruments (TXN) are down more than -2%.
Fertilizer stocks are climbing today amid supply disruptions from the closure of the Strait of Hormuz. CF Industries Holdings (CF) is up more than +7% to lead gainers in the S&P 500. Also, Intrepid Potash (IPI) and Mosaic (MOS) are up more than +4%.
Netskope (NTSK) is down more than -22% after forecasting a Q1 adjusted net loss per share of -6 cents to -7 cents, wider than Q4’s -4 cent EPS loss.
G-III Apparel Group Ltd (GIII) is down more than -14% after reporting Q4 net sales of $771.5 million, below the consensus of $791.8 million.
Dollar General (DG) is down more than -7% to lead losers in the S&P 500 after giving an underwhelming 2027 comparable sales forecast of up +2.2% to +2.7%, the midpoint right on the consensus of +2.45%.
UiPath (PATH) is down more than -5% after reporting Q4 subscription revenue of $251.2 million, below the consensus of $252.1 million.
MercadoLibre (MELI) is down more than -4% to lead losers in the Nasdaq 100 after JPMorgan Chase downgraded the stock to neutral from overweight.
GlobalFoundries (GFS) is down more than -4% after a subsidiary of Mubadala Investment Co. was said to sell as much as $852 million of its stake in the stock overnight at $41.60 to $42.60 per share.
Dow Inc. (DOW) is up more than +6% after Citigroup upgraded the stock to buy from neutral with a price target of $40.
Atlassian Corp (TEAM) is up more than +4% after announcing a restructuring that will eliminate about 10% of its workforce. UBS upgraded the stock to buy from neutral with a price target of $97.
Occidental Petroleum (OXY) is up more than +3% after Wells Fargo Securities double upgraded the stock to overweight from underweight with a price target of $69.
LyondellBasell Industries NV (LYB) is up more than +3% after Citigroup upgraded the stock to buy from neutral with a price target of $76.
Earnings Reports(3/12/2026)
Dollar General Corp (DG), Ulta Beauty Inc (ULTA), Lennar Corp (LEN), Adobe Inc (ADBE).
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
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Fall as Oil Prices Continue to Climb

The S&P 500 Index ($SPX) (SPY) today is down -0.7%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.0%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.4%. March E-mini S&P futures (ESH26) are down -0.7%, and March E-mini Nasdaq futures (NQH26) are down -0.4%.
Stocks are trading lower as WTI crude oil prices are up more than +9% today, and temporarily traded above $100 per barrel. Oil prices have moved sharply higher on fears of a drawn-out war in the Middle East and on Israel's bombing of 30 Iranian fuel depots on Saturday. In addition, Saudi Arabia became the latest Middle East oil producer to cut production as its local storage facilities near capacity.
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Oil prices fell back from even sharper gains on overnight reports that G-7 finance ministers were discussing a possible joint release of oil reserves. However, the G-7 countries have since decided against a near-term coordinated release of strategic oil reserves.
Meanwhile, there is no end in sight for the Middle East war as Iran's Assembly of Experts over the weekend appointed hardliner Mojtaba Khamenei as Iran's new supreme leader, the son of Ayatollah Ali Khamenei. Iran’s new leader has close ties to Iran’s powerful and entrenched Islamic Revolutionary Guard Corps (IRGC). President Trump said he is "not happy" with the choice of the new leader.
Stocks are also being undercut by ongoing worries about the US economy after last Friday's news that US Feb payrolls fell by -92,000 and that the Feb unemployment rate unexpectedly rose by +0.1 to 4.4%. Also, US Jan retail sales fell by -0.2% m/m.
Q4 earnings season is nearly over, with more than 95% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 492 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 4% chance for a -25 bp rate cut at the next policy meeting on March 17-18.
Overseas stock markets fell on Monday amid the fresh spike in oil prices. The Euro Stoxx 50 is down -1.0%. China's Shanghai Composite on Monday closed down -0.7%. Japan's Nikkei Stock 225 closed sharply lower by -5.2%.
Interest Rates
June 10-year T-notes (ZNM6) today are down -4.5 ticks. The 10-year T-note yield is up +0.6 bp at 4.132%. T-note prices are trading lower due to today's fresh upward spike in oil prices, which is inflationary and hawkish for Fed policy. The 10-year breakeven inflation expectations rate today is down -0.3 bp at 2.2350%, falling back from a 6-month high on the oil prices surge.
European government bond yields are higher. The 10-year German bund yield is unchanged at 2.858%. The 10-year UK gilt yield is up +3.7 bp at 4.664%.
Swaps are discounting a 1% chance of a -25 bp rate hike by the ECB at its next policy meeting on March 19.
US Stock Movers
The Magnificent Seven technology stocks are trading mostly lower, led by declines of more than -2% in Tesla (TSLA), and more than -1% in Amazon.com (AMZN) and Meta Platforms (META).
Oil stocks are trading mostly higher today on the oil-price surge to the $100 per barrel area, led by gains of more than +2% in Occidental Petroleum (OXY), Devon Energy (DVN), and Diamondback Energy (FANG). Exxon (XOM) is up +0.8%, and Chevron (CVX) is up +0.2%.
Airline stocks tumbled again today as crude oil prices surge, boosting jet fuel prices and undercutting airline profits. United Airlines Holdings (UAL), American Airlines Group (AAL), and Alaska Air Group (ALK) are down more than -4%.
Defense stocks are trading mostly lower today amid long liquidation pressure and speculation that the latest spike in oil prices may prompt President Trump to end the Iran war sooner rather than later. AeroVironment (AVAV) is down more than -4%. Huntington Ingalls Industries (HII) and General Dynamics (GD) are down more than -1%.
Hims & Hers Health (HIMS) is up more than +30% after Novo confirmed it will sell Wegovy and Ozempic on the Hims & Hers platform.
Live Nation Entertainment (LYV) is up more than +4% after Politico reported an antitrust settlement with the US Department of Justice under which the company will pay $200 million in damages.
Earnings Reports(3/9/2026)
Casey's General Stores Inc (CASY), Hewlett Packard Enterprise Co (HPE), Vail Resorts Inc (MTN).
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Fall as Oil Prices Spike up to $100 Per Barrel

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Monday, shares of Alaska Air Group, Inc. (Symbol: ALK) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $38.84 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 36.7. A bullish investor could look at ALK's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of ALK shares:
Looking at the chart above, ALK's low point in its 52 week range is $37.63 per share, with $65.88 as the 52 week high point — that compares with a last trade of $40.17.
Also see:
BRSP Insider Buying
ADT market cap history
GIG shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Alaska Air Group Becomes Oversold (ALK)

The S&P 500 Index ($SPX) (SPY) today is down -0.9%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.2%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.9%. March E-mini S&P futures (ESH26) are down -1.3%, and March E-mini Nasdaq futures (NQH26) are down -1.2%.
Stocks are trading lower as crude oil prices are up more than +9% today, and temporarily traded above $100 per barrel. Oil prices have moved sharply higher on fears of a drawn-out war in the Middle East and on Israel's bombing of 30 Iranian fuel depots on Saturday. In addition, Saudi Arabia became the latest Middle East oil producer to cut production as its local storage facilities near capacity. Oil prices fell back from even sharper gains on news that G-7 finance ministers are discussing a possible joint release of oil reserves.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Meanwhile, there is no end in sight for the Middle East war as Iran's Assembly of Experts over the weekend appointed hardliner Mojtaba Khamenei as Iran’s new supreme leader, the son of Ayatollah Ali Khamenei. President Trump said he is "not happy" with the choice of the new leader.
Stocks are also being undercut by ongoing worries about the US economy after last Friday's news that US Feb payrolls fell by -92,000 and that the Feb unemployment rate unexpectedly rose by +0.1 to 4.4%. Also, US Jan retail sales fell by -0.2% m/m.
Q4 earnings season is nearly over, with more than 95% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 492 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 4% chance for a -25 bp rate cut at the next policy meeting on March 17-18.
Overseas stock markets fell on Monday amid the fresh spike in oil prices. The Euro Stoxx 50 is down -1.8%. China's Shanghai Composite fell -0.7%. Japan's Nikkei Stock 225 fell sharply by -5.2%.
Interest Rates
June 10-year T-notes (ZNM6) today are down -7 ticks. The 10-year T-note yield is up +1.6 bp at 4.154%. T-note prices are trading lower due to today's fresh upward spike in oil prices, which is inflationary and hawkish for Fed policy. The 10-year breakeven inflation expectations rate today is up +3.5 bp at 2.388%, posting a new 6-month high.
European government bond yields are higher. The 10-year German bund yield is up +3.7 bp at 2.896%. The 10-year UK gilt yield is up +12.1 bp at 4.748%.
Swaps are discounting a 1% chance of a -25 bp rate hike by the ECB at its next policy meeting on March 19.
US Stock Movers
The Magnificent Seven technology stocks are trading lower across the board, led by declines of more than -2% in Meta Platforms (META) and Tesla (TSLA).
Oil stocks are seeing support today, led by gains of more than +1% in Devon Energy (DVN), Diamondback Energy (FANG), and Occidental Petroleum (OXY). Exxon (XOM) is up +0.6%, and Chevron (CVX) is up +0.3%.
Airline stocks tumbled again today as crude oil prices surge, boosting jet fuel prices and undercutting airline profits. United Airlines Holdings (UAL) is down more than -6%. American Airlines Group (AAL) and Alaska Air Group (ALK) are down more than -5%.
Defense stocks are trading mostly lower today amid long liquidation pressure and speculation that the latest spike in oil prices may prompt President Trump to end the Iran war sooner rather than later. AeroVironment (AVAV) is down more than -3%, Huntington Ingalls Industries (HII) is down more than -2%, and General Dynamics (GD) is down more than -1%.
Hims & Hers Health (HIMS) is up more than +30% after Novo confirmed it will sell Wegovy and Ozempic on the Hims & Hers platform.
Live Nation Entertainment (LYV) is up more than +5% after Politico reported an antitrust settlement with the US Department of Justice under which the company will pay $200 million in damages.
Earnings Reports(3/9/2026)
Casey's General Stores Inc (CASY), Hewlett Packard Enterprise Co (HPE), Vail Resorts Inc (MTN).
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Investors in Alaska Air Group, Inc. (Symbol: ALK) saw new options become available today, for the December 18th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 284 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the ALK options chain for the new December 18th contracts and identified one put and one call contract of particular interest.
The put contract at the $37.50 strike price has a current bid of $5.40. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $37.50, but will also collect the premium, putting the cost basis of the shares at $32.10 (before broker commissions). To an investor already interested in purchasing shares of ALK, that could represent an attractive alternative to paying $39.12/share today.
Because the $37.50 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 67%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 14.40% return on the cash commitment, or 18.50% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Alaska Air Group, Inc., and highlighting in green where the $37.50 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $40.00 strike price has a current bid of $7.10. If an investor was to purchase shares of ALK stock at the current price level of $39.12/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $40.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 20.40% if the stock gets called away at the December 18th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if ALK shares really soar, which is why looking at the trailing twelve month trading history for Alaska Air Group, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing ALK's trailing twelve month trading history, with the $40.00 strike highlighted in red:
Considering the fact that the $40.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 38%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 18.15% boost of extra return to the investor, or 23.32% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 60%, while the implied volatility in the call contract example is 54%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $39.12) to be 53%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
Institutional Holders of BTI
SOXS Split History
Funds Holding MCGA
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

December 18th Options Now Available For Alaska Air Group (ALK)

The S&P 500 Index ($SPX) (SPY) on Friday closed down -1.33%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.95%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.51%. March E-mini S&P futures (ESH26) fell -1.39%, and March E-mini Nasdaq futures (NQH26) fell -1.58%.
Stock indexes fell sharply on Friday, with the Dow Jones Industrial Average posting a 3.5-month low amid concern that the war in the Middle East will keep pushing energy prices higher, sparking inflation. Qatar’s energy minister told the Financial Times on Friday that the war in the Middle East could “bring down the economies of the world,” and predicted that all Gulf energy exporters would shut down production within weeks if the war drags on, driving crude oil prices to $150 a barrel.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stock losses accelerated on Friday on comments from President Trump, who said the US doesn’t want to negotiate an end to the war with Iran, and that “there will be no deal with Iran except unconditional surrender,” fueling concerns the US may be girding for an extended conflict.
Stocks also retreated on Friday after US employers unexpectedly cut jobs last month and the unemployment rate rose, raising doubts about the health of the labor market.
US Feb nonfarm payrolls unexpectedly fell by -92,000, weaker than expectations of a +55,000 increase and the biggest decline in four months. The Feb unemployment rate unexpectedly rose +0.1 to 4.4%, showing a weaker labor market than expectations of no change at 4.3%.
US Feb average hourly earnings rose +0.4% m/m and +3.8% y/y, stronger than expectations of +0.3% m/m and +3.7% y/y.
US Jan retail sales fell -0.2% m/m, a smaller decline than expectations of -0.3% m/m, Jan retail sales ex-autos were unchanged m/m, right on expectations.
US Jan consumer credit rose by +$8.05 billion, weaker than expectations of +$12.65 billion.
Fed Governor Christopher Waller said, "Thinking about monetary policy going forward, the Iran war is unlikely to cause sustained inflation. That's one reason the Fed doesn't look at energy prices but looks at core prices, excluding energy, as core is a better predictor of future inflation."
Cleveland Fed President Beth Hammack said, "Under my base case, I think policy should be on hold for quite some time as we see evidence that inflation is coming down and the labor market stabilizes further."
Boston Fed President Susan Collins said, "My baseline features a still-uncertain inflation picture, with continued upside risks. This, combined with recent evidence suggesting a relatively stable labor market, in my view, argues for maintaining policy rates at their current, mildly restrictive levels for some time."
WTI crude (CLJ26) surged by more than +12% Friday to a 2.5-year high, adding to this week’s surge, as the war rages on in the Middle East for a seventh day. Iran fired a barrage of missiles and drones targeting a number of Gulf countries overnight, while the US and Israel maintained airstrikes on Iran. Key energy facilities in the Middle East have been struck by Iranian drones or forced to shut as storage tanks have filled up, as the closure of the Strait of Hormuz has halted energy exports.
The Strait of Hormuz remains closed due to the war against Iran, halting most energy shipments from the Persian Gulf. Iran's Islamic Revolutionary Guard Corps has warned ships not to sail through the passageway, saying that vessels "could be at risk from missiles or rogue drones." The closure of the Strait of Hormuz, which handles a fifth of the world's oil, has curbed exports and forced Gulf producers to stockpile the crude locally in storage tanks. Goldman Sachs estimates the real-time risk premium for crude oil at $18/bbl, corresponding to its estimate of the impact of a six-week full halt to tanker traffic in the Strait of Hormuz.
In addition, damage from an intercepted Iranian drone caused a major fire on Tuesday at the United Arab Emirates' major oil-trading hub, Fujairah, one of the largest oil storage centers in the Middle East. European natural gas prices surged to a 3-year high on Tuesday after Qatar shut its Ras Laffan plant, the world's largest natural gas export facility, after it was targeted by an Iranian drone attack. The Ras Laffan plant accounts for about 20% of the global liquefied natural gas supply. On Thursday, China told its largest refiner to suspend exports of diesel and gasoline due to the escalating conflict in the Persian Gulf, which will tighten global fuel supplies and push fuel prices even higher.
Q4 earnings season is nearing its end, with more than 95% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 492 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 5% chance for a -25 bp rate cut at the next policy meeting on March 17-18.
Overseas stock markets settled mixed on Friday. The Euro Stoxx 50 tumbled to a 3-month low and closed down -1.09%. China’s Shanghai Composite closed up +0.38%. Japan’s Nikkei Stock 225 closed up +0.62%.
Interest Rates
June 10-year T-notes (ZNM6) on Friday closed up by +4 ticks. The 10-year T-note yield fell by -0.5 bp to 4.131%. June T-notes recovered from a 3-week low on Friday and moved higher, and the 10-year T-note yield fell from a 3-week high of 4.175%.
T-notes recovered from early losses on Friday and moved higher after the weaker-than-expected US Feb payroll report bolstered the outlook for the Fed to cut interest rates. T-note prices also found support today on comments from Fed Governor Christopher Waller, who said the Iran war is unlikely to cause sustained inflation. In addition, Friday’s stock slump boosted safe-haven demand for T-notes.
Growing inflation fears initially knocked T-note prices lower on Friday after WTI crude oil surged more than +12% to a 2.5-year high, boosting inflation expectations, as the 10-year breakeven rate climbed to a 5-week high of 2.378%.
European government bond yields moved higher on Friday. The 10-year German bund yield climbed to a 1-month high of 2.880% and finished up +1.9 bp to 2.860%. The 10-year UK gilt yield rose to a 4.75-month high of 4.718% and finished up +8.6 bp to 4.627%.
Eurozone Q4 GDP was revised lower to +0.2% q/q and +1.2% y/y from the previously reported +0.3% q/q and +1.3% y/y.
Swaps are discounting a 3% chance of a -25 bp rate hike by the ECB at its next policy meeting on March 19.
US Stock Movers
The weakness in the Magnificent Seven technology stocks was bearish for the overall market. Meta Platforms (META), Tesla (TSLA), Amazon.com (AMZN), and Nvidia (NVDA) closed down more than -2%. Also, Apple (AAPL) closed down more than -1%, Alphabet (GOOGL) closed down -0.80%, and Microsoft (MSFT) closed down -0.42%.
Chipmakers and AI-infrastructure stocks retreated on Friday, pressuring the broader market. Lam Research (LRCX) closed down more than -7%, and Micron Technology (MU), KLA Corp (KLAC), and Applied Materials (AMAT) closed down more than -6%. Also, ASML Holding NV (ASML), Intel (INTC), ARM Holdings Plc (ARM), and Western Digital (WDC) closed down more than -5%, and Microchip Technology (MCHP), Analog Devices (ADI), and NXP Semiconductors NV (NXPI) closed down more than -4%. In addition, Advanced Micro Devices (AMD), Seagate Technology Holdings Plc (STX), and Texas Instruments (TXN) closed down more than -3%.
Airline stocks tumbled on Friday as crude oil prices surged more than +12% to a 2.5-year high, boosting jet fuel prices and potentially cutting into airlines’ profits. American Airlines Group (AAL) and Southwest Airlines (LUV) closed down more than -5%, and Delta Air Lines (DAL), United Airlines Holdings (UAL), and Alaska Air Group (ALK) closed down more than -3%.
Cryptocurrency-exposed stocks fell on Friday as Bitcoin (^BTCUSD) dropped more than +4%. Riot Platforms (RIOT) and Galaxy Digital Holdings (GLXY) closed down by more than -9%, and MARA Holdings (MARA) closed down more than -8%. Also, Coinbase Global (COIN) and Strategy (MSTR) closed down more than -4%.
Homebuilders moved lower on Friday as the 10-year T-note yield climbed to a 3-week high, which will boost mortgage rates and weigh on housing demand. Lennar (LEN) closed down more than -3%, and Toll Brothers (TOL), PulteGroup (PHM), DR Horton (DHI), and KB Home (KBH) closed down more than -1%.
Defense stocks moved higher on Friday on speculation that the ongoing Iran war may bolster the US defense funding budget. AeroVironment (AVAV) closed up more than +3%, and Lockheed Martin (LMT), RTX Crop (RTX), Northrop Grumman (NOC), and L3Harris Technologies (LHX) closed up more than +2%. Also, Huntington Ingalls Industries (HII) closed up more than +1%, and General Dynamics (GD) closed up +0.75%.
The Gap (GAP) closed down more than -15% after reporting Q4 total comparable sales rose +3.00%, weaker than the consensus of +3.43%.
Nutex Health (NUTX) closed down more than -14% after reporting an unexpected decline in Q4 diluted EPS of -$1.18, well below the consensus of a $3.19 gain.
Blackrock (BLK) closed down more than -7% to lead asset managers lower after it curbed withdrawals from its $26 billion HPS Corporate Lending Fund after client requests for redemptions spiked. Also, Ares Management (ARES) closed down more than -6%, and KKR & Co (KKR) closed down more than -4%.
Cooper Cos. (COO) closed down more than -5% after reporting Q1 net sales of $1.02 billion, below the consensus of $1.03 billion.
Trade Desk (TTD) closed down more than -1% after Wedbush downgraded the stock to underperform from neutral with a price target of $23.
Marvell Technology (MRVL) closed up more than +18% to lead gainers in the Nasdaq 100 after saying its year-over-year revenue growth rate will accelerate each quarter throughout fiscal 2027.
Samsara (IOT) closed up more than +18% after reporting Q4 revenue of $444.3 million, stronger than the consensus of $422.3 million.
CF Industries Holdings (CF) closed up more than +4% to lead gainers in the S&P 500, and fertilizer stocks higher on concern that the war in Iran could disrupt supplies as the Gulf region is home to some of the world’s largest fertilizer plants, and the Strait of Hormuz handles about one-third of the global trade for fertilizer.
Boeing (BA) closed up more than +4% to lead gainers in the Dow Jones Industrials after China was said to be in talks to acquire 500 of Boeing’s 737 Max jets.
Costco Wholesale (COST) closed up more than +1% after reporting Q2 total company comparable sales, including gas and currency, rose 7.4%, stronger than expectations of 6.72%.
Earnings Reports(3/9/2026)
Casey's General Stores Inc (CASY), Hewlett Packard Enterprise Co (HPE), Vail Resorts Inc (MTN).
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
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Retreat on Inflation Concerns and a Weak US Job Market

The S&P 500 Index ($SPX) (SPY) today is down -0.95%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.00%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.76%. March E-mini S&P futures (ESH26) are down -0.95%, and March E-mini Nasdaq futures (NQH26) are down -0.78%.
Stock indexes are falling today, with the Dow Jones Industrial Average sliding to a 3.5-month low amid concern that the war in the Middle East will keep pushing energy prices higher, sparking inflation. Qatar’s energy minister told the Financial Times today that the war in the Middle East could “bring down the economies of the world,” and predicted that all Gulf energy exporters would shut down production within weeks, driving crude oil prices to $150 a barrel.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stock losses accelerated today on comments from President Trump, who said the US doesn’t want to negotiate an end to the war with Iran, and that “there will be no deal with Iran except unconditional surrender,” fueling concerns the US may be girding for an extended conflict.
Stocks also retreated today after US employers unexpectedly cut jobs last month and the unemployment rate rose, raising doubts about the health of the labor market.
US Feb nonfarm payrolls unexpectedly fell by -92,000, weaker than expectations of a +55,000 increase and the biggest decline in four months. The Feb unemployment rate unexpectedly rose +0.1 to 4.4%, showing a weaker labor market than expectations of no change at 4.3%.
US Feb average hourly earnings rose +0.4% m/m and +3.8% y/y, stronger than expectations of +0.3% m/m and +3.7% y/y.
US Jan retail sales fell -0.2% m/m, a smaller decline than expectations of -0.3% m/m, Jan retail sales ex-autos were unchanged m/m, right on expectations.
Fed Governor Christopher Waller said, "Thinking about monetary policy going forward, the Iran war is unlikely to cause sustained inflation. That's one reason the Fed doesn't look at energy prices but looks at core prices, excluding energy, as core is a better predictor of future inflation."
WTI crude (CLJ26) is up more than +9% today to a 2.25-year high, adding to this week’s surge, as the war rages on in the Middle East for a seventh day. Iran fired a barrage of missiles and drones targeting a number of Gulf countries overnight, while the US and Israel maintained airstrikes on Iran. Key energy facilities in the Middle East have been struck by Iranian drones or forced to shut as storage tanks have filled up, as the closure of the Strait of Hormuz has halted energy exports.
The Strait of Hormuz remains closed due to the war against Iran, halting most energy shipments from the Persian Gulf. Iran's Islamic Revolutionary Guard Corps has warned ships not to sail through the passageway, saying that vessels "could be at risk from missiles or rogue drones." The closure of the Strait of Hormuz, which handles a fifth of the world's oil, has curbed exports and forced Gulf producers to stockpile the crude locally in storage tanks. Goldman Sachs estimates the real-time risk premium for crude oil at $18/bbl, corresponding to its estimate of the impact of a six-week full halt to tanker traffic in the Strait of Hormuz.
In addition, damage from an intercepted Iranian drone caused a major fire on Tuesday at the United Arab Emirates' major oil-trading hub, Fujairah, one of the largest oil storage centers in the Middle East. European natural gas prices surged to a 3-year high on Tuesday after Qatar shut its Ras Laffan plant, the world's largest natural gas export facility, after it was targeted by an Iranian drone attack. The Ras Laffan plant accounts for about 20% of the global liquefied natural gas supply. On Thursday, China told its largest refiner to suspend exports of diesel and gasoline due to the escalating conflict in the Persian Gulf, which will tighten global fuel supplies and push fuel prices even higher.
Q4 earnings season is nearing its end, with more than 90% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 73% of the 481 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 5% chance for a -25 bp rate cut at the next policy meeting on March 17-18.
Overseas stock markets are mixed today. The Euro Stoxx 50 tumbled to a 3-month low and is down -1.09%. China’s Shanghai Composite closed up +0.38%. Japan’s Nikkei Stock 225 closed up +0.62%.
Interest Rates
June 10-year T-notes (ZNM6) today are down by -5 ticks. The 10-year T-note yield is up by +0.6 bp to 4.144%. June T-notes tumbled to a 3-week low today, and the 10-year T-note yield jumped to a 3-week high of 4.175%. Growing inflation fears are undercutting T-note prices after WTI crude oil surged more than +9% today to a 2.25-year high, boosting inflation expectations, as the 10-year breakeven rate climbed to a 5-week high of 2.378%.
Losses in T-notes are limited after today’s weaker-than-expected US Feb payroll report bolstered the outlook for the Fed to cut interest rates. T-note prices also found support today on comments from Fed Governor Christopher Waller, who said the Iran war is unlikely to cause sustained inflation.
European government bond yields are moving higher today. The 10-year German bund yield climbed to a 1-month high of 2.880% and is up +1.3 bp to 2.854%. The 10-year UK gilt yield rose to a 4.75-month high of 4.718% and is up +11.0 bp to 4.651%.
Eurozone Q4 GDP was revised lower to +0.2% q/q and +1.2% y/y from the previously reported +0.3% q/q and +1.3% y/y.
Swaps are discounting a 3% chance of a -25 bp rate hike by the ECB at its next policy meeting on March 19.
US Stock Movers
The weakness in the Magnificent Seven technology stocks is bearish for the overall market. Meta Platforms (META) and Tesla (TSLA) are down more than -2%, and Apple (AAPL), Amazon.com (AMZN), and Nvidia (NVDA) are down more than -1%. In addition, Alphabet (GOOGL) is down -0.55%, and Microsoft (MSFT) is down -0.24%.
Chipmakers and AI-infrastructure stocks are falling today, pressuring the broader market. ASML Holding NV (ASML) is down by more than -3%, and Micron Technology (MU), Applied Materials (AMAT), NXP Semiconductors NV (NXPI), Lam Research (LRCX), Analog Devices (ADI), Microchip Technology (MCHP), Intel (INTC), and Western Digital (WDC) are down more than -2%. Also, KLA Corp (KLAC) and Texas Instruments (TXN) are down more than -1%.
Airline stocks are tumbling today as crude oil prices surge more than +10% to a 2.25-year high, boosting jet fuel prices and potentially cutting into airlines’ profits. Southwest Airlines (LUV) is down more than -6%, and Delta Air Lines (DAL) is down more than -4%. Also, American Airlines Group (AAL) and United Airlines Holdings (UAL) are down more than -3%, andAlaska Air Group (ALK) is down more than -1%.
Homebuilders are moving lower today as the 10-year T-note yield climbed to a 3-week high, which will boost mortgage rates and weigh on housing demand. Lennar (LEN), Toll Brothers (TOL), PulteGroup (PHM), and DR Horton (DHI) are down more than -2%, and KB Home (KBH) is down more than -1%.
Cryptocurrency-exposed stocks are falling today, with Bitcoin (^BTCUSD) down more than +3%. Riot Platforms (RIOT) is down more than +8%, and MARA Holdings (MARA) is down more than -6%. Also, Galaxy Digital Holdings (GLXY) is down by more than -5%, and Coinbase Global (COIN) and Strategy (MSTR) are down more than -4%.
Defense stocks are climbing today on speculation that the Iran war may bolster the US defense funding budget. Huntington Ingalls Industries (HII) and AeroVironment (AVAV) are up more than +2%. Also, Lockheed Martin (LMT) and RTX Crop (RTX) are up more than +1%. In addition, Northrop Grumman (NOC) is up +0.78%, L3Harris Technologies (LHX) is up +0.53%, and General Dynamics (GD) is up +0.25%.
The Gap (GAP) is down more than -13% after reporting Q4 total comparable sales rose +3.00%, weaker than the consensus of +3.43%.
Nutex Health (NUTX) is down more than -12% after reporting an unexpected decline in Q4 diluted EPS of -$1.18, well below the consensus of a $3.19 gain.
Cooper Cos. (COO) is down more than -4% after reporting Q1 net sales of $1.02 billion, below the consensus of $1.03 billion.
Trade Desk (TTD) is down more than -3% after Wedbush downgraded the stock to underperform from neutral with a price target of $23.
Marvell Technology (MRVL) is up more than +16% to lead gainers in the Nasdaq 100 after saying its year-over-year revenue growth rate will accelerate each quarter throughout fiscal 2027.
Samsara (IOT) is up more than +14% after reporting Q4 revenue of $444.3 million, stronger than the consensus of $422.3 million.
CF Industries Holdings (CF) is up more than +7% to lead gainers in the S&P 500, and fertilizer stocks higher on concern that the war in Iran could disrupt supplies as the Gulf region is home to some of the world’s largest fertilizer plants, and the Strait of Hormuz handles about one-third of the global trade for fertilizer.
Costco Wholesale (COST) is up more than 1% after reporting Q2 total company comparable sales, including gas and currency, rose 7.4%, stronger than expectations of 6.72%.
Earnings Reports(3/6/2026)
Aldeyra Therapeutics Inc (ALDX), America's Car-Mart Inc/TX (CRMT), ECB Bancorp Inc/MD (ECBK), Eve Holding Inc (EVEX), Foghorn Therapeutics Inc (FHTX), Genesco Inc (GCO), Greene County Bancorp Inc (GCBC), Kingstone Cos Inc (KINS), Mammoth Energy Services Inc (TUSK), National Beverage Corp (FIZZ), National Presto Industries Inc (NPK), NI Holdings Inc (NODK), Oruka Therapeutics Inc (ORKA), Prairie Operating Co (PROP), Silvercrest Asset Management Group (SAMG), Solid Biosciences Inc (SLDB), Tejon Ranch Co (TRC), Vox Royalty Corp (VOXR).
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
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Retreat Amid Inflation Fears and Weak US Jobs

The S&P 500 Index ($SPX) (SPY) today is down -1.68%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.93%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.50%. March E-mini S&P futures (ESH26) are down -1.60%, and March E-mini Nasdaq futures (NQH26) are down -1.48%.
Stock indexes are falling sharply today, with the Dow Jones Industrial Average sliding to a 3.5-month low amid concern that the war in the Middle East will keep pushing energy prices higher, sparking inflation. Qatar’s energy minister told the Financial Times today that the war in the Middle East could “bring down the economies of the world,” and predicted that all Gulf energy exporters would shut down production within weeks, driving crude oil prices to $150 a barrel.
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Stocks added to their losses today after US employers unexpectedly cut jobs last month and the unemployment rate rose, raising doubts about the health of the labor market.
US Feb nonfarm payrolls unexpectedly fell by -92,000, weaker than expectations of a +55,000 increase and the biggest decline in four months. The Feb unemployment rate unexpectedly rose +0.1 to 4.4%, showing a weaker labor market than expectations of no change at 4.3%.
US Feb average hourly earnings rose +0.4% m/m and +3.8% y/y, stronger than expectations of +0.3% m/m and +3.7% y/y.
US Jan retail sales fell -0.2% m/m, a smaller decline than expectations of -0.3% m/m, Jan retail sales ex-autos were unchanged m/m, right on expectations.
WTI crude (CLJ26) is up more than +7% today to a 2.25-year high, adding to this week’s surge, as the war rages on in the Middle East. Iran fired a barrage of missiles and drones targeting a number of Gulf countries overnight, while the US and Israel maintained airstrikes on Iran. Key energy facilities in the Middle East have been struck by Iranian drones or forced to shut as storage tanks have filled up, as the closure of the Strait of Hormuz has halted energy exports.
The Strait of Hormuz remains closed due to the war against Iran, halting most energy shipments from the Persian Gulf. Iran's Islamic Revolutionary Guard Corps has warned ships not to sail through the passageway, saying that vessels "could be at risk from missiles or rogue drones." The closure of the Strait of Hormuz, which handles a fifth of the world's oil, has curbed exports and forced Gulf producers to stockpile the crude locally in storage tanks. Goldman Sachs estimates the real-time risk premium for crude oil at $18/bbl, corresponding to its estimate of the impact of a six-week full halt to tanker traffic in the Strait of Hormuz.
In addition, damage from an intercepted Iranian drone caused a major fire on Tuesday at the United Arab Emirates' major oil-trading hub, Fujairah, one of the largest oil storage centers in the Middle East. European natural gas prices surged to a 3-year high on Tuesday after Qatar shut its Ras Laffan plant, the world's largest natural gas export facility, after it was targeted by an Iranian drone attack. The Ras Laffan plant accounts for about 20% of the global liquefied natural gas supply. On Thursday, China told its largest refiner to suspend exports of diesel and gasoline due to the escalating conflict in the Persian Gulf, which will tighten global fuel supplies and push fuel prices even higher.
Q4 earnings season is nearing its end, with more than 90% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 73% of the 481 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 5% chance for a -25 bp rate cut at the next policy meeting on March 17-18.
Overseas stock markets are mixed today. The Euro Stoxx 50 tumbled to a 3-month low and is down -2.00%. China’s Shanghai Composite closed up +0.38%. Japan’s Nikkei Stock 225 closed up +0.62%.
Interest Rates
June 10-year T-notes (ZNM6) today are down by -5 ticks. The 10-year T-note yield is up by +3.5 bp to 4.171%. June T-notes tumbled to a 3-week low today, and the 10-year T-note yield jumped to a 3-week high of 4.175%. Growing inflation fears are undercutting T-note prices after WTI crude oil surges more than +7% today to a 2.25-year high, boosting inflation expectations, as the 10-year breakeven rate climbed to a 3-week high of 2.361%.
Losses in T-notes are limited after today’s weaker-than-expected US Feb payroll report bolstered the outlook for the Fed to cut interest rates. T-note prices also found support today on comments from Fed Governor Christopher Waller, who said the Iran war is unlikely to cause sustained inflation.
European government bond yields are moving higher today. The 10-year German bund yield climbed to a 1-month high of 2.880% and is up +3.0 bp to 2.871%. The 10-year UK gilt yield rose to a 4.75-month high of 4.702% and is up +15.2 bp to 4.694%.
Eurozone Q4 GDP was revised lower to +0.2% q/q and +1.2% y/y from the previously reported +0.3% q/q and +1.3% y/y.
Swaps are discounting a 3% chance of a -25 bp rate hike by the ECB at its next policy meeting on March 19.
US Stock Movers
Chipmakers and AI-infrastructure stocks are falling today, pressuring the broader market. ASML Holding NV (ASML) is down by more than -4% to lead losers in the Nasdaq 100, and Micron Technology (MU) is also down more than -4%. Also, Applied Materials (AMAT), NXP Semiconductors NV (NXPI), Lam Research (LRCX), KLA Corp (KLAC), Analog Devices (ADI), Microchip Technology (MCHP), Intel (INTC), Western Digital (WDC), and Texas Instruments (TXN) are down more than -3%.
Airline stocks are tumbling today as crude oil prices surge more than +7% to a 2.25-year high, boosting jet fuel prices and potentially cutting into airlines’ profits. American Airlines Group (AAL), United Airlines Holdings (UAL), and Southwest Airlines (LUV) are down more than -5%. Also, Delta Air Lines (DAL) is down more than -3%, and Alaska Air Group (ALK) is down more than -2%.
Homebuilders are moving lower today as the 10-year T-note yield climbed to a 3-week high, which will boost mortgage rates and weigh on housing demand. Lennar (LEN), Toll Brothers (TOL), KB Home (KBH), PulteGroup (PHM), and DR Horton (DHI) are down more than -2%.
Cryptocurrency-exposed stocks are falling today, with Bitcoin (^BTCUSD) down more than +3%. Riot Platforms (RIOT) is down more than +6%, and Galaxy Digital Holdings (GLXY) is down more than -5%. Also, MARA Holdings (MARA) is down more than -4%, and Coinbase Global (COIN) and Strategy (MSTR) are down more than -3%.
Nutex Health (NUTX) is down more than -17% after reporting an unexpected decline in Q4 diluted EPS of -$1.18, well below the consensus of a $3.19 gain.
The Gap (GAP) is down more than -14% after reporting Q4 total comparable sales rose +3.00%, weaker than the consensus of +3.43%.
Cooper Cos. (COO) is down more than -5% after reporting Q1 net sales of $1.02 billion, below the consensus of $1.03 billion.
Trade Desk (TTD) is down more than -5% after Wedbush downgraded the stock to underperform from neutral with a price target of $23.
Marvell Technology (MRVL) is up more than +16% to lead gainers in the Nasdaq 100 after saying its year-over-year revenue growth rate will accelerate each quarter throughout fiscal 2027.
Samsara (IOT) is up more than +14% after reporting Q4 revenue of $444.3 million, stronger than the consensus of $422.3 million.
CF Industries Holdings (CF) is up more than +5% to lead gainers in the S&P 500, and fertilizer stocks higher on concern that the war in Iran could disrupt supplies as the Gulf region is home to some of the world’s largest fertilizer plants, and the Strait of Hormuz handles about one-third of the global trade for fertilizer.
Earnings Reports(3/6/2026)
Aldeyra Therapeutics Inc (ALDX), America's Car-Mart Inc/TX (CRMT), ECB Bancorp Inc/MD (ECBK), Eve Holding Inc (EVEX), Foghorn Therapeutics Inc (FHTX), Genesco Inc (GCO), Greene County Bancorp Inc (GCBC), Kingstone Cos Inc (KINS), Mammoth Energy Services Inc (TUSK), National Beverage Corp (FIZZ), National Presto Industries Inc (NPK), NI Holdings Inc (NODK), Oruka Therapeutics Inc (ORKA), Prairie Operating Co (PROP), Silvercrest Asset Management Group (SAMG), Solid Biosciences Inc (SLDB), Tejon Ranch Co (TRC), Vox Royalty Corp (VOXR).
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
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.