The Dow Jones Industrial Average (DJI) is down 327 points this afternoon, briefly joining the Nasdaq Composite (IXIC) in correction territory earlier before paring losses. The S&P 500 Index (SPX) is also firmly lower, with traders brushing off President Donald Trump's extension of a pause on attacks targeting Iran's energy infrastructure to April 6. Amid peace talks, Brent crude earlier topped $110 per barrel, while Chinese and Thai ships were turned away at the Strait of Hormuz. The S&P 500 and Nasdaq are eyeing a fifth-straight weekly loss, while the blue-chip index is poised to snap a four-week losing streak.
Options traders are targeting SentinelOne Inc (S) stock today, with 13,000 calls and 11,000 puts exchanged so far, volume that's seven times the volume typically seen at this point. The most active contract is the September 15 call, while new positions are opening at the weekly 3/27 12.50-strike put that expires at the close. S is 6.5% lower to trade at $12.53 and carries a 35.6% year-over-year deficit. The shares are on track for their worst week since May 2024 amid tech sector weakness, and earlier hit a two-year low of $12.15.
Vistra Corp (VST) stock is bucking today's broader market pullback, up 2.5% at $156.15 at last glance as crude prices surge. The utility stock sports a 32% year-over-year lead and is now pacing for its fourth gain in the last five sessions. Despite today's pop, shares are still trading firmly below their 100-day moving moving average, which capped rallies since the beginning of the year.
Datadog Inc (DDOG) stock is down 8% at $114.35 at last glance, after the company issued a lackluster fiscal 2026 revenue outlook that suggested slower growth. The descending 80-day moving average has been pressuring the shares, which now carry an 18.3% six-month deficit.
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