Energy stocks climbed, with Marathon Petroleum and APA rising more than 4% and Chevron gaining over 2% after Iran ramped up attacks on tankers transiting the Strait of Hormuz. Chipotle shares surged over 6% following a Financial Times report that Starbucks explored acquiring the burrito chain. GlobalFoundries climbed nearly 5% after announcing a $2 billion multiyear manufacturing agreement with Taiwan Semiconductor Manufacturing Company to produce silicon interposers, with production expected to begin in the first half of 2028. Haemonetics posted the biggest gain, rising 16% after CSL expects to complete the rollout of Haemonetics’ plasmapheresis platform across the U.S. by the end of 2027.
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