RKLB Rocket Lab jumped today as SpaceX filed IPO paperwork reigniting optimism across space stocks. The move validated commercial space valuations after months of sector pressure. Defense technology names grabbed momentum as investors repositioned into aerospace.
APLD Applied Digital surged on CoreWeave lease news locking in massive credit support. The AI infrastructure play benefited from data center demand acceleration. MSFT Microsoft moved on undisclosed catalysts dominating headline attention.
Oil prices whipsawed near $100 as Trump indicated Iran war could end within weeks. Brent crude surged 60% in March marking the biggest monthly gain since 1988. CNBC reported carriers scaled back expansion plans as jet fuel supplies tightened.
Airlines entered crisis mode ahead of earnings. DAL Delta reports April 8 facing investor scrutiny on fuel margin impacts. The sector confronted unprecedented volatility with crude swinging between $95 and $150 weekly.
Wells Fargo raised ARM Arm Holdings target to $175 maintaining overweight. Deutsche Bank initiated IP International Paper with hold and $38 target showing selective coverage expansion. Analyst activity picked up after weeks of defensive positioning.
FT reported Chinese government bonds emerged as the lone war haven with yields down marginally while other major economies rose. Foreign central banks sold US Treasuries to lowest levels since 2012 per New York Fed data.
Gold extended gains on softer dollar as Middle East ceasefire expectations rose. The precious metal reversed earlier war selloff. European stocks posted worst month since 2022 as conflict dragged on.
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