<div id="readability-page-1" class="page">With the exception of the Dow Jones Industrial Average (DJI) trading just below breakeven, markets are moving higher, the Nasdaq Composite (IXIC) and S&amp;P 500 Index (SPX) hitting fresh records by midday. Fueling today's upbeat sentiment is an extended pullback in crude prices, hopes that the U.S. and Iran are nearing a peace agreement, as well as a handful of agreeable earnings reports. Jobs data did come in below estimates, however, ushering a 200,000 reading for the week, below expectations of 206,000. <ul> <li>Social media name slips on grim outlook.</li> <li>Struggling quantum stock to watch after earnings.</li> <li>Plus, Whirlpool suffers war headwinds; chip giant sees more records; and the fast food stock to avoid.</li> </ul> <img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2026/may/mmc/mmcchartmay7.jpg/query-c2Z2cnNuPTQxMjhiZDA2XzA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="774" height="469" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2026/may/mmc/mmcchartmay7.jpg/query-c2Z2cnNuPTQxMjhiZDA2XzA"/> Whirlpool Corp (NYSE:WHR) stock has made its way onto the short sale restricted (SSR) list today, last seen down 12.6% at $47.85 after the appliance manufacturer posted a Q1 sales miss and suspended its dividend. WHR is now trading at roughly 17-year lows, though the descending 50-day moving average is adding a layer of pressure. Options traders have swarmed in response, with over 14,000 puts across the tape, 13 times the average rate and more than double the amount of calls traded. Most popular are the May 45 and 47.50 puts, with new positions opening at the latter. <img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2026/may/mmc/whrmmcdaily.jpg/query-c2Z2cnNuPTU0MjhiZDA2XzA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1173" height="411" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2026/may/mmc/whrmmcdaily.jpg/query-c2Z2cnNuPTU0MjhiZDA2XzA"/> Semiconductor name Wolfspeed Inc (NYSE:WOLF) is one of the top stocks on the New York Stock Exchange (NYSE) today, up 8.7% to trade at $46.66, earlier tapping a record high of $49. WOLF is extending yesterday's post-earnings pop, headed for a third-straight daily win and adding to its now 171% year-to-date gain. On the flip side, fast-food chain Shake Shack Inc (NYSE:SHAK) is one of the worst performers on the NYSE this afternoon, gapping 27% lower to trade at $70.08, after the company posted a first-quarter loss. The executive team cited short-term headwinds from the ongoing U.S.-Iran war and announced a new chief financial officer. SHAK has shed 15% in 2026 and is headed for its worst daily drop on record.</div>

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The Nasdaq and S&P 500 reached new intraday highs, driven by falling crude prices and optimism over a potential U.S.-Iran peace deal, despite disappointing jobs data. Whirlpool Corp's stock fell 12.6% after a Q1 sales miss and dividend suspension, while Wolfspeed Inc surged 8.7% following strong earnings. Conversely, Shake Shack Inc dropped 27% due to a first-quarter loss and challenges from the U.S.-Iran conflict, marking its worst daily decline.

- Markets are mostly rising, with the Nasdaq Composite and S&P 500 hitting record highs, despite the Dow Jones Industrial Average trading just below breakeven.  
- Crude price declines and hopes for a U.S.-Iran peace agreement are positive factors, although jobs data fell short of estimates at 200,000.  
- Whirlpool Corp's stock dropped 12.6% after a sales miss and dividend suspension, while Wolfspeed Inc surged 8.7% post-earnings; Shake Shack Inc fell 27% due to a first-quarter loss and war-related headwinds.

More Intraday Records as Investors Cling to Peace Deal Hopes