The Dow sports a triple-digit gain at midday
Markets are higher this afternoon, as investors respond to U.S.-China trade success and a consumer price index (CPI) report that came in line with estimates. Additionally, Commerce Secretary Howard Lutnick said tariffs against China will not change. The Dow Jones Industrial Average (DJI) is up triple digits, while the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) each sport softer, double-digit leads.
Continue reading for more on today's market, including:
- Pet stock eyes worst day in nearly 2 years.
- Software giant dragged after outlook disappoints.
- Plus, options traders circle popular styling stock; nuclear name lands USAF deal; and retailer eyes steep daily drop.
Online styling site Stitch Fix Inc (NYSE:SFIX) is buzzing in the options pits, after the company posted a fiscal third-quarter loss alongside a revenue beat. So far 13,000 calls and 3,367 puts have crossed the tape so far, 11 times the average daily pace. Most popular is the weekly 6/13 4.50-strike call. For 2025, SFIX is clinging to its breakeven mark, with today's drop testing the support of the 20-day moving average. At last check, SFIX is trading 8.7% lower at $4.37.
Oklo Inc (NYSE:OKLO) is one of the best performers on the New York Stock Exchange (NYSE) today, last seen up 27.8% at $67.09, after announcing it has landed a contract with the U.S. Air Force to supply reliable and clean power to its Eielson, Alaska base. OKLO has charts more than 200% higher in 2025 already, today hitting a record peak of $67.
Clothing retailer JJill Inc (NYSE:JILL) is one of the worst NYSE names today, down 12.2% to trade at $14.79, after posting a first quarter sales miss. The company also withdrew its annual forecasts, plunging to a more than two-year low of $13.71. JILL has shed 61% over the past 12 months and is eyeing its worst daily drop since Sept. 4.