U.S. stock indexes close mixed as Sandisk surges and Rambus, Domino's Pizza decline
Updated
Updated · Barron's · Apr 27
U.S. stock indexes close mixed as Sandisk surges and Rambus, Domino's Pizza decline
13 articles · Updated · Barron's · Apr 27
Sandisk gained 8.11% while Rambus fell 10.89% and Domino's Pizza dropped 8.79% on Monday. The 10-Year Treasury yield rose to 4.338%.
Brent crude oil futures edged down 0.03% and gold futures fell 0.96%. Asian markets closed higher, but European indexes declined, with the FTSE 100 down 0.56%.
Earlier, Wall Street was mixed amid earnings, Fed rate decision anticipation, and Middle East tensions, including the Iran war and Strait of Hormuz blockade impacting oil prices.
Is the economic 'squeeze' on Iran backfiring on the global economy?
Can strong corporate earnings continue to shield markets from a global energy shock?
Are markets underestimating the risk of this historic oil supply disruption?
Beyond oil, what critical supply chains are breaking due to the Hormuz blockade?
With diplomacy faltering, what is the next move in the Hormuz standoff?
Is the Federal Reserve facing an impossible choice between inflation and recession?