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Dow futures down nearly 500 points as oil prices continue to climb

Stock futures tumbled after hours on Wednesday, building on earlier losses for the S&P 500 and Dow Jones Industrial Average, as crude-oil prices pressed higher.

Petco is leaning on services, fresh food and pet tarantulas — and it is paying off

Shares of Petco Health & Wellness jumped after hours on Wednesday after the pet-supplies retailer said it expects sales to rebound this year, as efforts to overhaul its store selections and lean more into services like dog grooming and training are starting to pay off.

As Starbucks’ Howard Schultz heads to Miami, here’s a list of other billionaire business leaders moving to Florida

A few Big Tech execs have also headed to the Sunshine State in recent months

The S&P 500’s biggest gainer since the Iran conflict started is not an oil stock

CF Industrials shares have been the S&P 500’s biggest gainers since the Iran conflict began, as fertilizer prices have climbed more than oil futures prices.

The 70% odds that say your portfolio isn’t ready for the Iran conflict’s escalation

The next seven days of the Iran conflict will set the stage for stagflation or global recession

Options markets are bracing for ‘disaster’ as Iran conflict intensifies, Nomura says. Here’s how a trader might profit.

The Iran conflict has sparked tumult in global equity markets, with major indexes in some markets, including South Korea, falling into correction territory.

There’s no policy response that can stop the rise in oil prices: Carlyle’s Currie

The oil market on Wednesday saw the strongest effort by far to ensure adequate global supplies of the commodity, but commodities guru Jeff Currie said the International Energy Agency’s decision to release an unprecedented amount of crude from its reserve won’t halt oil’s climb.

United Airlines just set a daily record for bookings, but that isn’t helping the stock

Rising crude prices have been a major drag on U.S. airlines stocks, but in the middle of Spring Break season and as people look ahead to summer air travel, United Airlines says it is breaking booking records.

Education Department slashed monitoring of student-loan servicers after Trump administration cuts

The Education Department stopped monitoring calls between servicers and borrowers and reviewing borrower data for accuracy, watchdog finds.

Tariff refunds are expected to come in the second quarter: Barclays

The Trump administration’s new replacement tariffs could result in a lower effective rate of 9.1%, according to a strategist at J.P. Morgan Asset Management.

The real inflation rate? Try 3.3% — and that’s before the jump in gas prices.

The latest CPI data don’t even factor in the Iran conflict. Here are some takeaways.

Defense stocks are the market’s newest safe havens — and this ETF is a pure play

The iShares Aerospace & Defense exchange-traded fund profits from the U.S and global military buildup.
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