After a remarkable rally on Wednesday, Wall Street experienced a sharp decline on Thursday. Investors were cautious as they assessed the implications of President Donald Trump’s 90-day tariff pause amidst ongoing economic uncertainties. The S&P 500 fell by 3.5% to 5,268.05, while the Nasdaq 100 dropped by over 4.3% to 16,387.31. The Dow Jones Industrial Average declined 2.5% to 39,593.66. Despite a lower-than-expected inflation report, the market’s risk sentiment remained fragile.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Alibaba Group Holding BABA
Alibaba’s stock dipped 0.57% to close at $104.18, with an intraday high of $108.45 and a low of $101.37. The stock’s 52-week range is $148.43 to $68.36. Alibaba co-founder Jack Ma made a public appearance at the company’s cloud campus, marking its 15th anniversary. The cloud unit introduced the Blossom project, aimed at accelerating AI adoption.
JPMorgan Chase & Co. JPM
JPMorgan’s shares fell 3.09% to $227.11, with a high of $230.35 and a low of $220.10. The 52-week range is $280.25 to $179.20. Bank stocks including JPMorgan reversed gains from the previous session, as the market pulled back following a historic rally driven by a temporary tariff pause. JPMorgan will release its latest quarterly numbers on Friday. Analysts estimate that the banking giant will report an earnings per share of $4.64.
CarMax, Inc. KMX
CarMax’s stock plummeted 17.00% to $66.45, with a high of $71.55 and a low of $63.23, which is also its 52-week low. The 52-week high is $91.25. CarMax reported fourth-quarter sales of $6 billion, beating estimates, with retail used unit sales up 6.2% year-over-year and EPS at 58 cents, missing expectations. Gross profit per retail unit rose to $2,322, and the company repurchased 1.2 million shares for $98.5 million. For FY26, it plans to open six new stores and spend around $575 million in capital expenditures.
Janover Inc. JNVR
Janover’s stock surged 64.24% to $44.97, reaching a high of $61.36 and a low of $27.20. The 52-week range is $61.36 to $3.37. Janover announced the acquisition of $4.6 million worth of Solana SOL/USD as part of its new digital asset treasury strategy.
Tesla Inc. TSLA
Tesla’s stock dropped 7.27% to $252.40, with an intraday high of $262.49 and a low of $239.33. The 52-week range is $488.54 to $138.80. Tesla began selling its vehicles in Saudi Arabia, expanding its global footprint despite declining sales in Europe.
Benzinga Edge Stock Rankings indicate JPMorgan has a Momentum in the 87th percentile but Growth in only 60th Percentile. How does it compare with other potent banking rivals? Find out by clicking here.
Prepare for the day’s trading with top premarket movers and news by Benzinga.
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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
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