Lennar Stock Jumps 5.7% as Treasury Yields Plunge
Lennar (LEN) led homebuilders higher as D.R. Horton rose 4.4% on hopes of relief for mortgage rates.
Daily Digest
Daily Digest
Pomegra Briefs - Page 9 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next
Lennar (LEN) led homebuilders higher as D.R. Horton rose 4.4% on hopes of relief for mortgage rates.
Travelers (TRV) beat on core EPS of $9.18, but $538M of catastrophe losses sparked an early drop.

Brent crude (BZ=F) is up about 0.8% for the week as the US blacklists 16 people and 10 entities tied to Iran.

Brent crude (BZ=F) is up 0.4% this week as Trump keeps a Pickaxe Mountain strike on the table.

Fed Chair Warsh won't prejudge October or December; 10-year yield (^TNX) tops 5% with inflation at 3.7%.
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Jakarta's index (^JKSE) is down nearly 40% in 2026 after its worst day since 1998, as funds may have to sell.

Interactive Brokers (IBKR) and J.B. Hunt (JBHT) missed Wall Street profit forecasts, but both beat on sales.
Alcoa (AA) posted adjusted profit of $1.82 a share, beating forecasts, but $3.7B in sales missed estimates.
The $30B-per-side tariff-cut framework is still a list-building exercise. The first visible result is Chinese state buying of US soybeans, which were left off Beijing's tariff-cut list.

Nike (NKE) stock gained as Lululemon rose 4% and Home Depot and Macy's climbed, with money leaving AI shares.

Brent (BZ=F) is at $105.51 and WTI at $97.43 as traders weigh weaker IEA demand against Hormuz attacks.
Salesforce (CRM) and Campbell's gained as the chip fund SMH headed for an eighth straight losing day
Intuit (INTU) shares reach $330 as it buys AI billing firm Sequence to boost QuickBooks and Enterprise Suite.
Varonis (VRNS) agreed to a $49.75-a-share cash sale to Proofpoint, a 52% premium to its pre-rumor price.

Ericsson (ERIC-B.ST) beat sales forecasts at SEK 59.5B but warned of flat demand and higher costs in 2027.
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