The Dow is heading toward its third-straight triple-digit gain
Stocks are a mixed bag today, with yesterday's large-cap tech rally fizzling out. The Nasdaq Composite (IXIC) is modestly in the red midday, as Nvidia (NVDA) trades at two-month lows amid reports that Meta Platforms (META) was eyeing Alphabet (GOOGL) AI chips. The Dow Jones Industrial Average (DJI) is unfazed, up 371 points at last check and headed for its third-straight triple-digit gain, while the S&P 500 Index (SPX) sits firmly higher as well.
- Abercrombie stock surges on beat-and-raise.
- Tech stock earns a long overdue upgrade.
- Plus, DKS options surge; cruise stock pops; and Oracle cools off.
Dick's Sporting Goods Inc (NYSE:DKS) stock is seeing outsized options volume today. At last check, 14,000 contracts have traded hands, volume that's nine times the average intraday amount. The January 16, 2026 185-strike call is in the lead, while new positions are being opened at the weekly 11/28 200-strike put. DKS is up 2% to trade at $210.45, after the retailer's third-quarter earnings beat estimates, but revenue and profit fell short. The company also revealed that some Foot Locker (FL) stores will be shuttered.
Royal Caribbean Cruises Ltd (NYSE:RCL) stock is one of the best on the New York Stock Exchange (NYSE) today, last seen up 6% to trade at $270.89, though there's no specific catalyst. The cruise stock is up 16% in 2025 despite a 16% quarterly deficit, though there's support in place at its 320-day moving average.
Oracle Corp (NYSE:ORCL) stock is near the bottom of the NYSE today, last seen down 3% to trade at $194.24. Concerns about stretched valuations are weighing, as well as a price-target cut to $200 from $300 at D.A. Davidson. ORCL is holding its year-over-year breakeven level today, but is testing its 320-day moving average.
