A rejected peace deal is keeping a tight lid on gains today
Despite rising contention between the U.S. and Iran in the wake of a rejected peace deal, the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) both tapped another round of record highs by midday. The Dow Jones Industrial Average (DJI) is trading flat, as crude prices push higher, above $97 per barrel for the front-month West Texas Intermediate (WTI) contract.
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- Plus, Carvana options pop; some of the best and worst NYSE performers today.
Car reseller Carvana Co (NYSE:CVNA) stock is trading near the flatline, last seen at $77.81 this afternoon, after BTIG slashed its price target to $97 from $485 earlier today, though it maintained its "buy" rating. The 80-day moving average has moved in as support and CVNA remains up 42% year-over-year. Options traders are flooding the equity in response, with 110,000 calls and 59,000 puts across the tape so far, four times the average daily pace. Seeing the most attention are the May 75 and 82 calls.
Bloom Energy Corp (NYSE:BE) is one of the top stocks on the New York Stock Exchange (NYSE) today, last seen up 13% to trade at $295, flirting with all-time high levels as it continues its recent stint of outperformance. BE saw a post-earnings bull gap after posting record numbers at the end of April and now sports a 240% gain for 2026.
One of the worst NYSE stocks this afternoon is Kohls Corp (NYSE:KSS), last seen down 9.9% to trade at $13.07. While the catalyst for today's pullback is unclear, KSS looks to be succumbing to overhead pressure at its 80-day moving average. The retail giant has shed 36% so far in 2026.
