Top Movers of the Day

Wall Street experienced a broad sell-off, with almost every S&P 500 sector finishing lower. Geopolitical concerns and disappointing guidance from ASML contributed to the downturn. Tech stocks, including Nvidia and Broadcom, showed late resilience but couldn't offset overall declines. Jobless claims rose, suggesting economic softness and supporting potential Federal Reserve rate cuts. The Nasdaq fell nearly 4% from recent highs. Energy was the only sector to rise, while defensive sectors gained amid rising uncertainty. Key earnings reports in the coming weeks may influence market trends further.

D.R. Horton: Shares rose 10% following strong fiscal Q3 results, beating earnings and revenue expectations. The company also announced a $4 billion share repurchase program.

Domino's Pizza: Shares fell over 13% despite earnings surpassing expectations, as revenue was in line and U.S. comparable store sales growth was slightly below forecasts.

Beyond Meat: Shares dropped over 10% amid reports of the company discussing balance sheet restructuring with bondholders.

Infosys: U.S.-listed shares surged over 8% due to better-than-expected fiscal Q1 results and an improved full-year revenue growth outlook.

United Airlines: Shares fell over 1% despite a 23% profit jump in Q2, as Q3 earnings forecast disappointed.

Discover Financial Services: Shares gained 1% after Q2 earnings and revenue surpassed expectations.

Warner Bros. Discovery: Shares rose 2.4% following reports of the company exploring options to boost its share price, including potential business spinoffs.

Blackstone: Shares increased over 1% despite an earnings miss, with the company expressing optimism about the real estate market.

Cintas: Shares advanced over 5% after Q4 earnings beat expectations, with revenue in line.

Alaska Air Group: Shares fell about 7% after missing Q2 revenue expectations and lowering full-year earnings guidance.

Kinder Morgan: Shares increased about 2.5% following a dividend hike, despite mixed quarterly results.

Taiwan Semiconductor: U.S.-listed shares rose slightly after better-than-expected Q2 earnings, reversing prior losses.