Dow Climbs Above 52,000 as Oil Prices Dip

Oil prices and Treasury yields are both lower today, giving stocks a boost. The Dow Jones Industrial Average (DJI) is back above 52,000 with a more than 500-point gain and on track for a record close. Meanwhile, the Nasdaq Composite Index (IXIC) and S&P 500 Index (SPX) are comfortably higher as tech rebounds from a two-day rout. Micron Technology (MU) earnings are in focus as well, with the chipmaker's report due out after the close.

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

• Take-Two Interactive takes the stage with GTA 6 update. 
• Why analysts are lifting their price targets on ARM. 
• Plus, WEN enjoys meme-stock rally; GLW hits record highs; and CASY falls after investor day presentation. 

Wendy's Co (NASDAQ:WEN) is soaring today after hitting a 12-year low last session. The shares were up 30.9% at $8.19 at last check, after Reddit's WallStreetBets forum kickstarted a meme stock rally. WEN is the most popular stock in the options pits today, with 238,000 calls and 55,000 puts exchanged so far -- 39 times the stock's average daily options volume already. The weekly 6/26 8-strike call is the most active contract, with new positions being sold-to-open there. 

One of the top stocks on the New York Stock Exchange (NYSE) today, Corning Inc (NYSE:GLW) was last seen up 11.5% at $216.33. Enjoying the broader tech rebound, the shares have blown past their previous June 22 record highs. GLW has been in the spotlight since a multi-billion dollar deal with Amazon (AMZN) to boost U.S. fiber optics manufacturing was announced earlier this month, while the company has similar partnerships with Nvidia (NVDA) and Meta Platforms (META). Enjoying support from the 60-day moving average, the equity is up 142% year to date. 

Casey's General Stores Inc (NASDAQ:CASY) stock is down 7.5% at $769.38 after the company's investor day presentation outlining its growth strategy. Per Zacks, the stock outlook rests on whether inside sales, fuel profitability and unit growth can keep supporting earnings. The shares have fallen sharply from their June 11 record high of $927.85, though still up 43% year to date.