Major Indexes Fail to Extend Bounce as Optimism Wanes

Unable extend yesterday's bounce, stocks settled lower across the board, with the Dow slipping firmly into the red in the last half hour of trading. The S&P 500 and Nasdaq also moved lower, as lawmakers continued to squabble over funding for the Department of Homeland Security and eyed Middle East updates. President Donald Trump claimed negotiations with Iran to end the conflict were "happening right now," while Iranian state media yesterday denied direct talks, with the country continuing to trade attacks with Israel. Meanwhile, crude charged higher, with Brent oil hitting $104 per barrel.

Continue reading for more on today's market, including:

• Could earnings boost this underperforming food stock?
• This uranium stock bull signal has never been wrong.
• Plus, ASTS ready to soar; analyst bets on AI stock; and FCC gives NTGR a boost.

5 Things to Know Today

1. The White House and lawmakers are working to reach a deal to resume funding for the Department of Homeland Security, as TSA workers remain unpaid. (CNBC)
2. Congress has been stripped of special treatment by Delta Air Lines (DAL), as shutdown chaos continues to impact air travel. (Reuters)
3. Satellite stock looks ready to run higher.
4. Analyst: Why you should buy this popular AI name.
5. FCC router ban gave NetGear stock an overdue boost.

There were no earnings of note today.

Oil Resumes Climb as Brent Tops $100

Crude resumed its move higher, with Brent surging above $100 as the continued Strait of Hormuz closure continued to plague Wall Street. Now the most active, front-month May-dated West Texas Intermediate (WTI) crude futures rose 4.2% to finish at $91.82 per barrel.

Despite paring earlier losses, gold futures remained in the red for the session due to a stronger U.S. dollar and high Treasury yields. April-dated gold futures dropped 0.3% to finish at $4,395.70 an ounce.