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US PRE-MARKET MOVERS: XLE, RCL, CCL, JETS, DAL, DOW, LEVI, ANIP, VSAT

SourceNewsquawk
SectionUS Equities

ES +2.6%, NQ +3.4%, RTY +3.7%

US & Iran agreed to a two-week ceasefire and reopening of the Strait of Hormuz

  • XLE -5%: Crude prices sink to the low USD 90s/bbl.
  • RCL +8.7%, CCL +10.7%, JETS +10.7%: Slumping oil prices eases costs; DAL +12.6%, extending on Q1 earnings beat.
  • DOW -10.6%, CF -11.7%: Chemicals hit as Hormuz reopening will ease supply constraints.
  • LEVI +10.8%: Q1 EPS & rev. beat.
  • ANIP +5.3%: Launching generic heart drug.
  • VSAT +6.7%: Upgraded at Barclays to 'Equal Weight' from 'Underweight'.
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