1 week ago 10

Top Stock Movers Now: DR Horton, Wells Fargo, Dollar Tree, and More

Bill McColl

Wed, Jun 4, 2025, 9:10 AM 2 min read

U.S. equities were slightly higher at midday as a new report on private sector hiring missed estimates, sending bond yields down.
Shares of D.R. Horton and rival homebuilders gained on the drop in Treasury yields and a new call from President Donald Trump for the Federal Reserve to lower interest rates.
Tesla sales in three big European markets fell.

U.S. equities were slightly higher at midday as a weaker-than-expected private sector employment report sent bond yields tumbling. The Dow Jones Industrial Average, S&P 500, and Nasdaq were all higher.

Shares of D.R. Horton (DHI) and other homebuilders advanced on the falling borrowing costs and President Donald Trump's renewed call for Federal Reserve Chair Jerome Powell to slash interest rates.

Thor Industries (THO) shares rose when the recreational vehicle (RV) maker beat profit and sales estimates on higher North American demand and its effort to reduce expenses.

Wells Fargo (WFC) shares were up as the Fed lifted the asset cap it slapped on the bank seven years ago following a series of scandals.

Dollar Tree (DLTR) was the worst-performing stock in the S&P 500 after the discount retailer warned its current-quarter profit could take a 50% hit because of costs from new U.S. tariffs.

Shares of CrowdStrike Holdings (CRWD) slid when the cybersecurity firm gave weak guidance as it continues to feel the fallout from its glitch that led to a global IT outage last year.

Tesla (TSLA) shares declined when sales of the carmaker's EVs fell in Britain, Germany, and Italy last month.

Oil futures fell. Gold prices rose. The U.S. dollar lost ground to the euro, pound, and yen. Major cryptocurrencies were mixed.