These Were the Big S&P 500 Movers on Tuesday

Advancers

• Shares of Vistra (VST), the power generator that has drawn attention for its opportunity to provide electricity for energy-intensive artificial intelligence data centers, rose 4.1%, notching the top daily performance in the S&P 500. The gains for Vistra marked a reversal from 澳洲幸运5官方开奖结果体彩网:steep losses posted last week amid concerns about a possible AI data center bubble and a price target cut from analysts at JPMorgan, who cited an uncertain regulatory outlook.
• Fashion-industry stocks got a boost after PVH Corp. (PVH), parent company of Calvin Klein and Tommy Hilfiger, posted better-than-expected 澳洲幸运5官方开奖结果体彩网:quarterly sales and profits. PVH shares soared 18%. Ralph Lauren (RL) shares added 3.7% following the stock's inclusion in Bank of America's list of its top 10 ideas for the second quarter of 2025, while shares of Coach parent Tapestry (TPR) gained 3.5%.
• Tesla (TSLA) shares rose 3.6% a day ahead of the electric vehicle maker's 澳洲幸运5官方开奖结果体彩网:expected firs💯t-quarter delivery u𒉰pdate. Although protests against CEO Elon Musk have mounted and the company reportedly faces sales pressure in European markets, a report released Tuesday indicated that Tesla's Model Y was among the top-selling vehicles in China in March 2025.

Decliners

• Johnson & Johnson (JNJ) shares fell 7.6%, the most of any S&P 500 stock, as the company said that 澳洲幸运5官方开奖结果体彩网:a judge denied its plan to settle thousands of legal claims alleging that its baby powder and other talc products cause ovarian cancer. The rejected proposal involved using a "prepackaged bankruptcy plan" for a subsidiary. The health care company said that it will now return to the tort system as it aims to defeat the claims.

• Airline stocks came under pressure after analysts at Jefferies 澳洲幸运5官方开奖结果体彩网:downgraded their ratings on three of the four major U.S. carriers, citing soft consumer sentiment and uncertainty over tariffs. Southwest Airlines (LUV) shares dropped 5.9% after the investment firm lowered its view on the stock to "underperform." Earlier this month, Southwest announced that it would shift toward a 澳洲幸运5官方开奖结果体彩网:paid baggage policy, stepping away from a longstanding perk that distinguished the airline from competitors. Jefferies also downgraded Delta Air Lines (DAL) and American Airlines (AAL) to "hold," and their shares sank 2.7% and 2.4%, respectively.
  
• Warner Bros. Discovery (WBD) shares slipped 4.8%. The entertainment giant named Anton Levy, an advisory director at private equity firm General Atlantic, an independent member of its expanded board of directors. The move came as the company navigates struggles for its film studio and engages in a restructuring that involves separating its cable TV properties from its streaming and studio businesses.

-澳洲幸运5官方开奖结果体彩网:Michael Bromberg

Tesla Climbs Ahead of Deliveries Report

Tesla (TSLA) shares climbed a day ahead of first-quarter deliver෴ies data expected Wednesday.

Analysts on average expect Tesla to report 393,000 deliveries in the first quarter, according to Visible Alpha, in what would represent a less-than-2% rise year-over-year, and a decline from the previous quarter's 澳洲幸运5官方开奖结果体彩网:495,570 vehicles.

Wedbush analysts, who hold a bullish $550 price target for Tesla, well above the average target of $349 compiled by Visible Alpha, recently said they expect "a very soft rip the band-aid off" figure in the 355,000 to 365,000 range.

Tesla shares, which have lost about a third of their value🎀 so far this ജyear, gained 3.6% to close at $268.46 Tuesday.

Tesla has struggled so far in 2025, particularly in the key markets of Europe and China. In the first two months of the year, Tesla saw just over 19,000 new vehicle registrations in the European Union, according to data from the European Automobile Manufacturers' Association. That's down roughly 50% year-over-year. Tesla's China sales also 澳洲幸运5官方开奖结果体彩网:reportedly dropped close to 50% in February from the same time last year.

Meanwhile, the electric vehicle maker has 澳洲幸运5官方开奖结果体彩网:faced political backlash to CEO Elon Musk’s role at the helm of the Trump administration's Department of Government Efficiency, which Wedbush said is "clearly at play and a major fac♏tor" in Tesla's quarter✨ly delivery numbers.

The delivery data comes after a particularly tough period for the company's stock. Tesla ranked among the 澳洲幸运5官方开奖结果体彩网:worst-performing stocks in the 澳洲幸运5官方开奖结果体彩网:S&P 500 in the first quarter amid worries about lagging sales, 澳洲幸运5官方开奖结果体彩网:tariff uncertainty, and souring brand sentiment.

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

Melius Issues 'Sell' Rating on Kroger Stock

Melius Research on Tuesday recommended selling Kroger stock, citing concerns about the fundamentals ꦅof the supermarket chain.

Melius gave Kroger (KR) a 澳洲幸运5官方开奖结果体彩网:price target of $58, which is 17% below where the shares closed Tuesday. Melius’s stance appears to be an outlier among analysts, with half of those who follow the company and were polled by Visible Alpha giving Kroger shares a “buy” rating and half a “ho🔴ld” rating. 

The Melius research team described Kroger as “a deteriorating business” facing several issues. Melius said Kroger is losing customers to Walmart (WMT), may be liable for billions in a lawsuit brought by Albertsons (ACI), and is contending with leadership vacancies. Former CEO Rodney McMullen 澳洲幸运5官方开奖结果体彩网:resigned last month after a probe into his conduct. 

“Investors today believe they can ‘hide’ in [Kroger] given the company’s lack of tariff exposure,” Melius wrote in a note oꦺn Tuesday. “Lack of tariff exposure does not ꦦmake [Kroger] safe.”

Company executives reportedly said in early March that as a domestic retailer, Kroger has less exposure to international tariffs than some of its rivals, and would not face "a massive impact."

Kroger shares have shot up almost 20% over the past six months. Some traders may view the stock as a safe investment because supermarkets are relatively insulated from tariffs, Melius said. 

Investors also snapped up Kroger shares late last year when Kroger and Albertsons abandoned plans to merge after a 澳洲幸运5官方开奖结果体彩网:judge blocked the deal. (Albertsons 澳洲幸运5官方开奖结果体彩网:filed a lawsuit alleging Kroger’s efforts to secure approvals for the merger were deficient, and K♉roger called the cꦗlaims baseless.)

Kroger shares finished up about 0.6% Tuesday, at about $68.12. That’s slightly above the $67.67 🐻consensus price target compiled by Visible Alpha.

-澳洲幸运5官方开奖结果体彩网:Sarina Trangle

Progress Software Jumps as AI Firm Issues Strong Outlook

Shares of Progress Software (PRGS) jumped Tuesday, a day after the provider of 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) 🎀infrastructure ꦦsoftware reported better-than-expected results and issued a rosy profit outlook as customer demand grew.

The company posted first-quarter fiscal 2025 adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) 🙈;of $1.31, with revenue rising 29% year-over-year to $238.0 million. Analysts surveyed by Visible Alpha were looking $1.06 and $235.9 million♕, respectively. 

Annualized 澳洲幸运5官方开奖结果体彩网:recurring revenue soared 48% to $836 million, and the net retention rate🐓 above 100%, the second straight quarter it surpassed that mark.

CEO Yogesh Gupta said the higher sales were "again driven by our product portfolio across the board, with our data platform and infrastructure management products having a particularly solid quarter."

The company expects full-year ไadjusted EPS to be between $5.25 and $5.37, up from its earlier estimate of $5.00 to🍒 $5.12.

Progress Software shares, which have struggled since hitting their all-time closing high in late November, gained 12% on Tuesday. Even with today's advance, they've fallen 11% so far in 2025.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

J&J Slumps as Company Fails to Settle Talc Cases

Johnson & Johnson (JNJ) shares fell Tuesday after the company said a j꧒udge rejected its proposed "prepackaged bankruptcy plan" for a subsidiary, as part of its latest attempt to use a bankruptcy court to settle thousands of claims alleging its baby powder and other talc products cause ovarian cancer.

Shares of Johnson & Johnson were down around 7%ꦰ in recent trading, leading decliners in the S&P 500.

The company, which has long held that the talc-related claims hold no merit, said Monday that it wi👍ll now go back to the “tort system t♚o litigate and defeat” the claims and would reverse around $7 billion it had set aside to resolve the bankruptcy.

“The Court has unfortunately allowed a couple of law firms with financially🦩 conflicted motives, who have conceded they have not recovered a dime for their clients in a decade of ꦍlitigation, to defeat the overwhelming desire of claimants,” said Erik Haas, worldwide vice president of litigation at Johnson & Johnson.

“The decision to litigate every filed case is based on the simple fact that this is a fake claim created by greedy plaintiff lawyers looking for another deep pocket to sue and fueled bܫy litigation-financ𝓡ed attorney advertising,” he added. 

Johnson & 𒁃Jo🐻hnson has tried twice before, in 2021 and 2023, to use the bankruptcy system to settle the claims.

-澳洲幸运5官方开奖结果体彩网:Nisha Gopalan

NewsMax Continues to Soar in Second Day of Trading

Newsmax (NMAX) stock surged again on Tuesday after skyrocketing♔ Monday, its first day of trading. 

Shares of the conservative news channel more than doubled to around $210 in intraday trading on Tuesday, putting the stock, which debuted on the New York Stock Exchange on Monday morning, 2,000% above its $10 澳洲幸运5官方开奖结果体彩网:IPO price. 

Shares soared 735% from the IPO pricing Monday, the best first-day performance of any U.S. 澳洲幸运5官方开奖结果体彩网:stock listing since an obscure Chinese garment manufacturer, Addentax Group (ATXG), debuted at $5 a share in August 2022 and skyrocketed 13,000% on its first day, according to Bloomberg.1

 🐼Addentax’s success in the U.S. market was short-lived—shares tumbled 95% in their second day of trading, and on Tuesday were trading for about 88 🍰cents.2

Tuesday’s intraday price valued Newsmax at more than $27 billion, which would make it larger than nearly two-fifths of the 澳洲幸运5官方开奖结果体彩网:S&P 500. It is, however, ineligible to enter the 澳洲幸运5官方开奖结果体彩网:benchmark index, which requires companies to be profitable. Newsmax in 2024 booked a net loss of $72 million on $171 million in revenue.

Newsmax’s 澳洲幸运5官方开奖结果体彩网:blockbuster debut flies in the face of recent IPO trends, which have mostly disappointed Wall Street. Nvidia-backed cloud computing company CoreWeave (CRWV) last week 澳洲幸运5官方开奖结果💜体彩网:finished its first tradinꦏg day at $40—its exact IPO price, which was itself 澳洲幸运5官方开奖结果体彩网:below expectations. The stock then 澳洲幸运5官方开奖结果体彩网:slumped in its second session Monday. 

Investors were hoping for an IPO renaissance this quarter after several years of sluggish activity. Recent market turbulence, however, has complicated the IPO outlook—weighing on recent debuts like CoreWeave and 澳洲幸运5官方开奖结果体彩网:liquefied natural gas producer Venture Global (VG).

Nonetheless, some companies are planning to brave the turmoil, including 澳洲幸运5官方开奖结果体彩网:buy now, pay later giant Klarna, 澳洲幸运5官方开奖结果体彩网:ticket reseller StubHub, and 澳洲幸运5官方开奖结果体彩网:online trading platform eToro, all of which filed IPO paperwork last month.

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

Calvin Klein Parent Soars on Strong Results, Outlook, Buyback

PVH (PVH) shares surged Tuesday, a day after the fashion apparel company posted better-than-expected results, issued a rosy outlook, and announced a 澳洲幸运5官方开奖结果体彩网:stock buyback&🤡nbsp;pl﷽an as its long-term strategy initiative paid dividends.

The owner of the Tommy Hilfiger and Calvin Klein brands reported fourth-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $3.27 on revenue that declined 5% year-over-year to $2.37 billion𝔉. Both topped Visible Alpha forecasts.

Tommy Hilfiger revenue fell 5% to $1.28 billion, and Calvin Klein revenue was dow🍎n 2% toꦺ $1.06 billion. 

CEO Stefan Larsson said the performance was driven by demand for the two iconic clothing brands along with "our disciplined execution of our PVH+ Plan." CFO Zac Coughlin added that during the year the company moved into the next level of the PVH+ Plan "to create value by increasing quality of sales and driving gross margin improvements and cost efficiencies to deliver significant 澳洲幸运5官方开奖结果体彩网:cash flow from oper🅺ations." PVH launched the PVH+ Plan three years ago.

The company sees full-year adjusted EPS of $12.40 to $12.75, and revenue to be "flat to increase slightly from 2024." The Visible Alpha estimates were for adjusted EPS of $11.47 and revenue down about 0.7%. 

PVH also said that it planned to enter into $500 million wo🐭rth of accelerated share repurchase agreements with one or more dealers.

The stock was up 18% in recent trading. Despite today's gains, shares of PVH are down about 45% over the past 12 months, including 28% lower since the start of 2025.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

Airline Stocks Fall After Jefferies Downgrades

Airline stocks slumped Tuesday after Jefferies analystsꦇ lowered their ratings for three of the four maj♛or U.S. carriers, writing “consumer sentiment continues to disappoint.”

The broker dropped American Airlines (AAL) and Delta Air Lines (DAL) to “hold” from “buy,” and Southwest (LUV) down to “underperform.”

The downgrades come after Delta, Southwest, and American each 澳洲幸运5官方开奖结果体彩网:lowered their projections for the first quarter of the year, citing an uncertain 澳洲幸运5官方开奖结果体彩网:macroeconomic environment, along with 澳洲幸运5官方开奖结果体彩网:extreme weather. Jefferies expects the airlines to cut their full-year projections as well, with uncertainty “swelling” around the impact of tariffs 澳洲幸运5官方开奖结果体彩网:expected to take effect this week.

United Airlines (UAL) is the lone U.S. carrier with a "buy" rating from Jeffieres, given its "[opportunity] beyond 2025” and a strategy that “r♏emains at the forefront of the industry.”

However, United isn’t immune from macro trends. In 2024, all four major airlines reported a higher cost per available seat mile than passenger revenue per available seat mile, meaning they’re effectively 澳洲幸运5官方开奖结果体彩网:losing money transporting passengers. The companies are still profitable, but it's due in part to the growth of lucrative co-branded credit cards, such as 澳洲幸运5官方开奖结果体彩网:United’s relationship with JPMorgan Chase (JPM). 

Southwest shares were down more than 💫4% recently, while Americanꦐ and Delta each declined about 3%. United shares fell more than 2%.

Delta and United shares are down about 30% so far this year, while American has slumped 40% over the꧅ period. Southwest is off abouওt 4% in 2025

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

Watch These Coinbase Levels After 20% Drop in March

Coinbase (COIN) shares were little changed earജly Tuesday, after wrapping up🔯 a volatile month in which the stock lost one-fifth of its value.

Shares of the largest U.S.-based 澳洲幸运5官方开奖结果体彩网:crypto brokerage have fallen sharply since registering a three-year high in early December. The decline closely correlates with a steep fall in 澳洲幸运5官方开奖结果体彩网:trading volumes on the exchange since that time amid a significant retracement in bitcoin’s price, prompting concerns that lower transaction fees could crimp the company’s revenue.

Coinbase shares have lost about half their value from their December peak, tracking a broad sell-off in leading cryptocurrencies and technology stocks over 澳洲幸运5官方开奖结果🔯体彩网:worri༺es that tariffs could slow economic growth and reignite 澳洲幸运5官方开奖结果体彩网:inflation.

Coinbase shares have retreated within a 澳洲幸运5官方开奖结果体彩网:descending broadening formation since last November, with the 澳洲幸运5官方开奖结果体彩网:50-day moving average (MA) poised to cross below the 200-day MA to form an ominous 澳洲幸运5官方开奖结果体彩网:death cross, a chart pattern that signals lower prices.

More recently, the stock has fallen toward the formation’s lower trendline, though volume&n🌼bsp;generally declined throughout most of March, indicating a waning trading interest in the♍ shares.

Investors should watch major support levels on the Coinbase chart around $146 and $115, while also monitoring key resistance levels near $206 and $2🍎64.

The stock was down 0.1% at aroun🦄d $172 in recent trading.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

More S&P 500 Companies are Giving Downbeat Outlooks

The outlook for big companies’ first-quarter earnings could be a b👍it dim, a new analysis suggests.

Of the 107 S&P 500 companies to offer first-quarter guidance, 68 have given negative outlooks, according to a FactSet analysis released Monday. (FactSet defines negative guidance as a number, or midpoint of a range, that ꧃comes in lower than the Street’s consensus before the guidance was issued.) That’s above the five- and 10-year averages, FactSet said. 

The number of com🧸panies offering positive guidance, meanwhile, is below the five- and 10-year averages, according to 🍌FactSet. 

Investors are watching for clues regarding to the ongoing performance of big companies amid emerging concern about the path forward for stocks. Goldman Sachs analysts recently 澳洲幸运5官方开奖结果体彩网:upped their estimated odds&n𒅌bsp;of a recession, citing shrinking corporate confidence an🥂d slowing economic growth. 

As a whole, the S&P 500 reported fourth-quarter earnings growth of about 18%, according to FactSet. A bit more than three-quarters of the coℱmpanies beat earnings estimates for the quarter, in line with the five-year average. 

The benchmark S&P 500 finished 澳洲幸运5官方开奖结果体彩网:Monday slightly higher, though it ended൲ March down nearly 6% to mark its worst month since 2022.

-澳洲幸运5官方开奖结果体彩网:David Marino-Nachison

Moderna Levels to Watch After Stock Sinks to 5-Year Low

Moderna (MRNA) shares were little changed in premarket trading after sinking to a five-year low on Monday following news that the Food and Drug Administration’s top va𒉰ccine official, Peter Marks, has resigned.

Marks, who helped oversee the development of COVID-19 vaccines, said he would leave 🐻his role by the end of this week, citing conflic💖ts with Health and Human Services Secretary Robert F. Kennedy Jr.

Moderna shares have lost nearly a third of their value since the start of the year through Monday’s close and trade 95% below their August 2021 Covid vaccine-driven 澳洲幸运5官方开奖结果体彩网:record high. The stock, which fe𝐆ll 9% to lead S&P 500 decliners, yesterday, was up 0.1% at $28.40 befor𓆏e the opening bell Tuesday.

Since an upswing ran into selling pressure at the 200-week moving average last May, Moderna shares have remained in a steep 澳洲幸运5官方开奖结果体彩网:downtrend. It’s also worth pointing out that the 澳洲幸运5官方开奖结果体彩网:relative strength index (RSI) has remained below the 50 threshold since July last year, indicating strong downward momentum in the stock’s price.

However, in a small win for the bulls, the shares closed well above their session low in Monday's trading session to form a hammer, a bullish 澳洲幸运5官方开奖结果体彩网:candlestick pattern with a small body and long wick that signals a shift from selling to buy🅷ing pressure.

Investors should eye key support levels near $23 and $13, while al𝄹so watching important resistance levels near $36 and $68.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Futures Point to Lower Open for Major Indexes

Futures tied to 🌞the Dow Jones Industrial Average ꦍwere down 0.5%.

S&P 500 futures were off 0.4%.

Nasdaq 100 futures also dropped 0.4%.