The S&P 500’s energy stocks were some of the few bright spots in the blue-chip index Thursday.
Hey Snackers,
No one is missing The Eras Tour more than StubHub, whose stock plunged to a record low yesterday after a Taylor Swift-less Q4 equaled a big earnings Swift-miss. American Eagle Outfitters, which boasts not only a collaboration with Taylor Swift’s fiance but also the star power of Sydney Sweeney behind it, plunged yesterday despite an earnings and sales beat as marketing costs weighed on profitability. Guess that star power is powerfully expensive.
The S&P 500, Nasdaq 100, and Russell 2000 sank while US crude oil soared on Thursday as the Mideast conflict continued to weigh on markets.