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Argus

Argus

May 06, 2026

Market Update: AMD, BMY, EQR, F, OGE, PWR, PYPL, ANET, STRL

Sector(s)

Utilities, Financial Services, Technology, Real Estate, Healthcare, Industrials, Consumer Cyclical

Summary

The major indices are broadly higher at midday on Wednesday. Oil prices have plunged on optimism that a peace deal with Iran might be close. Crude oil is down 7% at $95 per barrel. The yield on the 10-year note is at 4.36%, and the VIX volatility index is at 17.

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