Walgreens Stock Plummets as DOJ Files Lawsuit | Global News Avenue

Major U.S. stock indexes rise as markets kick off Shorten the trading week Martin Luther King Jr. Day and following the inauguration of President Donald Trump.

While Trump signed a series of executive orders at the start of his new presidential term, it’s worth noting no tariffs set He has previously said he would impose enforcement measures on day one, suggesting his stance on trade may be less aggressive than expected.

The S&P 500 rose 0.9% on Tuesday. The Nasdaq rose 0.6%, while outperformance from the industrials sector helped the Dow gain 1.2%.

Nuclear power generation stocks were higher on the first trading day of Trump’s second administration. Chris Wright, whom Trump appointed as Energy Secretary, stressed that the United States will prioritize nuclear power production as it aims to increase energy production. Vistra (visual effectsThe company’s shares surged 8.5% on Tuesday, the S&P 500’s highest performance, after authorities lifted evacuation orders related to a fire at a company’s factory in Monterey County, California. NRG Energy (NRG) shares rose 6.7%.

Oracle stock (ORCLThe company’s shares rose 7.2% after reports that the software giant will participate in a $500 billion plan to enhance U.S. artificial intelligence (AI) infrastructure cbs newsTrump will announce a massive private sector investment – a joint venture called Stargate that also includes Japanese holding company SoftBank (SFTBY) and research organization OpenAI.

GLP (programmable logic device),one Real Estate Investment Trust (REIT) Focus on logistics facilities, core report better than expected Funds from operations (FFO) In the fourth quarter, its shares rose 7.1%. The strong results were driven by increased demand for warehouse space as importers stockpiled goods in anticipation of possible tariffs imposed by the new presidential administration. Prologis also sold a Chicago-area data center facility during the quarter but did not disclose financial details of the deal.

Walgreens Boots Alliance (world boxing association) shares plunged 9.2%, the largest decline among S&P 500 stocks. this U.S. Department of Justice files lawsuit Claims the pharmaceutical giant illegally issued millions of prescriptions without a legitimate medical basis. The company forced pharmacists to fill prescriptions quickly, resulting in improper dispensing of opioids and other drugs, the lawsuit said. The pharmacy chain said the lawsuit amounted to “an attempt to enforce arbitrary ‘rules’ that do not appear in any law or regulation.”

Shares in online travel platform operator Booking Holdings (ikB) fell 4.9%. Tuesday’s downturn reversed the stock’s gains last week, after Morgan Stanley analysts raised their price targets on Booking shares, citing the potential for the company’s generative artificial intelligence tools to drive outperformance. However, competition in the travel booking industry is fierce and the company’s reliance on booking lead generation remains a concern.

First Solar (FSLR) shares fell 4.9%. While BMO Capital Markets reiterated its “outperform” rating on First Solar stock, analysts pointed to a number of challenges, including issues related to the Indian solar equipment market that could also impact the company’s sales in Malaysia and Vietnam . In addition to international concerns, the U.S. renewable energy outlook under the new presidential administration adds an additional layer of uncertainty.