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Stocks Up, Oil Jumps, Trump Cancels Visit, Domino's Slides

4/28/2026

Summary

Domino’s Cuts Outlook

Stocks closed Monday: S&P 500 7,173.91 (+0.12%), Nasdaq 24,887.10 (+0.20%), Dow 49,167.79 (-62.92); West Texas Intermediate rose ~2% to $96 and Brent $108 as the Strait of Hormuz stayed closed.
President Donald Trump canceled a visit by Steve Witkoff and Jared Kushner, noting Iran cease-fire talks could be handled by phone.
Domino’s Pizza reported sales growth of 0.9% versus an expected 2.7% and cut its 2026 outlook, sending shares down 10%.

Summary

Verizon Raises Forecast

Communication services posted the largest percentage gain among the 11 S&P 500 sectors, while consumer staples recorded the steepest decline.
Verizon advanced 1.5% after raising its annual forecast on stronger-than-expected subscriber additions.
Nvidia reclaimed a market valuation of more than $5 trillion, extending its recent rally.
LSEG I/B/E/S now projects aggregate S&P 500 earnings growth of 16.1% year-on-year, up from 14.4% on April 1.

Summary

Microsoft Licenses OpenAI

Microsoft shares rose fractionally after the firm and OpenAI confirmed a non-exclusive license for OpenAI’s models.
The license could spread OpenAI’s models to more platforms, shifting AI competition.
Lorenzo Portelli, head of cross-asset strategy at Amundi Investment Institute, said the Iran energy shock should affect inflation only briefly.
Analysts warn that diplomatic deadlock could keep oil-price pressures high, shaping commodity and inflation outlooks.

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Domino’s Cuts Outlook

Stocks closed Monday: S&P 500 7,173.91 (+0.12%), Nasdaq 24,887.10 (+0.20%), Dow 49,167.79 (-62.92); West Texas Intermediate rose ~2% to $96 and Brent $108 as the Strait of Hormuz stayed closed.
President Donald Trump canceled a visit by Steve Witkoff and Jared Kushner, noting Iran cease-fire talks could be handled by phone.
Domino’s Pizza reported sales growth of 0.9% versus an expected 2.7% and cut its 2026 outlook, sending shares down 10%.

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