More Troubled Waters: Heard on the Street Recap -- WSJ

Dow Jones

Mar 12

By Heard Editors

Tapping reserves doesn't settle oil price surge. Oil prices jumped again on Wednesday, shrugging off a record-sized release from strategic reserves. Attacks on three commercial ships by Iranian forces in the Strait of Hormuz made clear that the conflict remains far from over.

U.S. stocks mixed. The Dow slipped 289 points, or 0.6%, while the S&P 500 also edged down by the closing bell. The Nasdaq Composite managed a slight gain for the second consecutive day thanks to a pick up in tech stocks.

Campbell's results leave a sour taste. Competition in salty snacks weighed on profit margins and sales volume during the latest quarter. That led to a cut in the company's full-year outlook, driving Campbell's stock down 7% on Wednesday.

Oracle starts its comeback journey. Software giant's shares jumped more than 9% on its latest results, which helped counter worries about financing its AI push that had driven the stock down by more than half over the past six months.

Uber lands a new robotaxi ride. Rideshare operator's shares rose nearly 4% on news of new partnership with Amazon-owned Zoox. The deal helps counter worries that robotaxis will eventually run Uber off the road.

This analysis comes from the Journal's Heard on the Street team. Subscribe to their free daily afternoon newsletter here.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

March 11, 2026 17:35 ET (21:35 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Oil prices jumped again on Wednesday, shrugging off a record-sized release from strategic reserves. Attacks on three commercial ships by Iranian forces in the Strait of Hormuz made clear that the conflict remains far from over. \n</p>\n<p>\n     U.S. stocks mixed. The Dow slipped 289 points, or 0.6%, while the S&amp;P 500 also edged down by the closing bell. The Nasdaq Composite managed a slight gain for the second consecutive day thanks to a pick up in tech stocks. \n</p>\n<p>\n     Campbell's results leave a sour taste. Competition in salty snacks weighed on profit margins and sales volume during the latest quarter. That led to a cut in the company's full-year outlook, driving Campbell's stock down 7% on Wednesday. \n</p>\n<p>\n     Oracle starts its comeback journey. 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The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 11, 2026 17:35 ET (21:35 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0690374615.EUR","symbol_name":"FUNDSMITH EQUITY \"R\" (EUR) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2618997959","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618997959","pubTimestamp":1773264900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Tapping reserves doesn't settle oil price surge. 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Oil prices jumped again on Wednesday, shrugging off a record-sized release from strategic reserves. Attacks on three commercial ships by Iranian forces in the Strait of Hormuz made clear that the conflict remains far from over. \n\n\n     U.S. stocks mixed. The Dow slipped 289 points, or 0.6%, while the S&P 500 also edged down by the closing bell. The Nasdaq Composite managed a slight gain for the second consecutive day thanks to a pick up in tech stocks. \n\n\n     Campbell's results leave a sour taste. Competition in salty snacks weighed on profit margins and sales volume during the latest quarter. That led to a cut in the company's full-year outlook, driving Campbell's stock down 7% on Wednesday. \n\n\n     Oracle starts its comeback journey. Software giant's shares jumped more than 9% on its latest results, which helped counter worries about financing its AI push that had driven the stock down by more than half over the past six months. \n\n\n     Uber lands a new robotaxi ride. Rideshare operator's shares rose nearly 4% on news of new partnership with Amazon-owned Zoox. The deal helps counter worries that robotaxis will eventually run Uber off the road. \n\n\n     This analysis comes from the Journal's Heard on the Street team. Subscribe to their free daily afternoon newsletter here. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  March 11, 2026 17:35 ET (21:35 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}