📈 Markets

Okay, let's get this markets report filed.

Wall Street experienced a mixed trading day as investors digested a fresh batch of earnings reports and reacted to fluctuating geopolitical tensions.

The Dow Jones Industrial Average closed at 48,861.81, down 0.57% or 280.12 points. The S&P 500 Index ended the day at 7,135.95, a slight decrease of 0.04% or 2.85 points. Meanwhile, the tech-heavy NASDAQ Composite managed a small gain.

Several companies with a significant presence along the I-35 corridor saw notable movement in their stock prices:

* Dell Technologies (DELL): Shares traded higher, fueled by renewed momentum in the AI server market, positive analyst sentiment, and new partnership announcements. BofA Securities raised its price target on Dell to $246 from $205. During the trading session on May 1, 2026, Dell shares reached a daily high of $212.71 and a low of $206.44.

* UnitedHealth Group (UNH): Despite a strong Q1 earnings beat and an institutional upgrade, shares declined as investors weighed valuation, competitive and regulatory concerns, and a small insider sale. Goldman Sachs added UNH to its U.S. conviction list.

* Garmin Ltd. (GRMN): The stock price dropped to $242.42, a 3.47% decline, following the announcement of its first quarter 2026 results. Despite the dip, Garmin's year-to-date performance shows a robust growth of +19.51%.

* Texas Instruments (TXN): Shares moved lower despite strong fundamentals, as investors weighed a solid Q1 earnings beat and constructive Q2 guidance against heavy insider selling and valuation caution.

* AT&T Inc. (T): Shares traded slightly higher amid mixed news flow, combining analyst optimism and new product launches with fresh criticism about growth prospects. AT&T launched new cybersecurity and public-safety offerings.

* Valero Energy Corp (VLO): Valero said it has stopped producing fuels at its 145K bbl/day Benicia refinery after idling processing units through a phased approach during Q1. Valero is aiming for higher refinery utilization amid strong global margins.

* Textron (TXT): Textron announced its intent to separate its Industrial segment from the company’s core aerospace and defense businesses to enhance strategic focus.

Valero has stopped producing fuels at its 145,000 b/d Benicia refinery. The company said that California's regulatory and enforcement environment is the most stringent and difficult in North America.

The Fed kept rates unchanged as expected and the overall tone moved more Hawkish.

The S&P 500 Index price today is $7,220.59, a 0.04% change in the last 24 hours.

This is news reporting, not financial advice.