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Bath & Body Works, D.R. Horton, Lockheed Martin, and More | Global News Avenue

Bath & Body Works, D.R. Horton, Lockheed Martin, and More

Main points

  • The Dow and S&P 500 climbed to record highs on Monday as stocks resumed their post-election rally.
  • Bath & Body Works shares rose after the personal care retailer beat profit and sales estimates and raised its outlook.
  • Falling bond yields helped boost the share prices of interest-rate-sensitive companies such as homebuilders such as DR Horton.

The Dow Jones and S&P 500 climbed to record highs on Monday as stocks resumed their post-election rally and investors digested President-elect Trump’s choice of Key Square Group founder Scott Bessant Serves as Finance Minister. The Nasdaq was little changed.

Falling bond yields have helped boost shares of interest-rate-sensitive companies such as homebuilders such as DR Horton (rectal cancer). Enphase Energy’s stock (ENPH) and other solar companies benefiting from lower borrowing costs also rose.

Bath and Body Works (BBWI) Personal care retailer shares soar Exceeded profit and sales expectations and raised expectations for strong store traffic, customer loyalty and optimism for the upcoming holiday season.

Shares of defense contractor Lockheed Martin (LMT) and Northrup Grumman (National Olympic Committee) after falling Elon Muskwho is leading Trump’s New Deal Department of Government Efficiency (DOGE)on X suggesting the purchase of manned military aircraft is a waste.

Oneok stock (great) fell after the natural gas supplier agreed to pay $4.3 billion to acquire EnLink Midstream.

Oil and gold futures plunged. The dollar fell against the euro, pound and yen. The prices of most major cryptocurrencies have been mixed.

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