Stocks are higher this afternoon, bouncing back from early uncertainty after the Organization for Economic Co-operation and Development (OECD) cut its U.S. growth outlook. Tariff tensions remain in focus, along with Meta Platforms (META), which just inked a 20-year data center supply deal with Constellation Energy (CEG).

The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are comfortably higher, while the tech-heavy Nasdaq Composite Index (IXIC) enjoys a triple-digit pop on the heels of Nvidia (NVDA) and the chip sector. 

Pacing toward its best day since early December, Credo Technology Group Holding Ltd (Nasdaq: CRDO) is popular in the options pits, with 16,000 calls and 7,100 puts exchanged so far -- 11 times the average intraday volume. Most popular is the June 65 and 85 calls. The semiconductor giant posted a fiscal fourth-quarter earnings and revenue beat, pushing the shares to their highest close since early February and a slew of bull notes through the door.

Sitting near the top of the New York Stock Exchange (NYSE) today is Signet Jewelers Ltd (NYSE: SIG), which was last seen up 12.5% at $75.13, after the company posted an upbeat outlook and first-quarter beat. Today's pop has SIG eyeing its best day since April 9, contending with the 260-day moving average, and sporting a 30% lead for the quarter.

One of the worst NYSE performers today is United Natural Foods Inc (NYSE: UNFI), down 6.9% at $29.37, with the company seeing an imbalance in orders on the exchange. The food retailer remains 7% higher year-to-date and is eyeing its worst daily drop since March 3. 

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