U.S. stocks edged lower Monday as rising geopolitical tensions in the Middle East sent oil prices sharply higher, snapping the Nasdaq’s 13-session winning streak and weighing on key sectors.Markets Overview
Major indexes closed modestly in the red:
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Nasdaq Composite: -0.3% (first loss in 14 sessions)
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S&P 500: -0.2%
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Dow Jones Industrial Average: slightly lower
The pullback came as crude oil surged more than 5% amid renewed conflict involving the U.S. and Iran, reigniting inflation concerns and pressuring equities.
🟢Top Gainers (Winners)
TopBuild (BLD): +19% Jumped after agreeing to a ~$17 billion acquisition by QXO, marking one of the day’s biggest deal-driven rallies.
Marvell Technology (MRVL): +6% Hit a record high on reports it may design custom AI chips for
Alphabet’s Google.
BlackBerry (BB): +15% Reached a 52-week high following an expanded partnership with Nvidia in AI and safety systems.
Stanley Black & Decker (SWK): +5% Rose after reaffirming full-year guidance despite tariff changes, calming investor concerns.
Psychedelic drug stocks:
🔴 Top Losers (Laggards)