JPMorgan Fundamental Data Science Small Core ETF Price & Performance (SCDS)

Beacon Roofing Supply's stock surged after QXO, Inc. proposed acquiring the company at $124.35 per share, valuing it at $11 billion. QXO is conducting due diligence and negotiating terms. Beacon also announced a strategic partnership with Renovate Robotics to integrate advanced roofing technology.1

February retail sales in the U.S. surpassed expectations, rising 0.5% month-over-month. This increase, driven by consumer spending on essentials and entertainment, highlights resilience despite inflationary pressures. Economists suggest this trend may influence the Federal Reserve’s upcoming decisions on interest rates.2

Oil prices rose as global supply fears intensified due to geopolitical tensions in key producing regions. Brent crude reached a three-month high, reflecting market uncertainty. Analysts warn prolonged supply disruptions could further impact energy costs and inflation worldwide.