Wrap Europe

JPM cuts S&P 500 target to 7200 on Mideast war risks; oil shock threatens profits & growth.

COLM's 4.3% return beats S&P 500, but 16x P/E & declining ROIC signal limited upside.

Fed rate hike odds jump to 50%+! Traders brace for higher yields as inflation fears surge.

AMAT beats estimates, up 9.3% on AI chip demand. TER surges 21.9% on strong revenue growth.

Nikkei 225 futures drop 1855 pts. Volume up to 28,344, open interest down 11,410.

Gaming stocks mixed: RSI up 24% on strong guidance, INSE down 21.5% on revenue miss.

Carmax beats EPS estimates, up 2.7%. CWH down 42.2% on missed EBITDA.