
Shares of Pool Corporation tumbled over 7% Tuesday after the swimming-pool products distributor ousted CEO Peter D. Arvan, naming John B. Watwood as his replacement and delaying an investor meeting that was originally scheduled for next week. The stock hit $188.85 in the afternoon, hovering near its session low, after starting the day at $197.20.
Today’s highest-ranked model selections.
The catalysts most likely to move markets.
A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.
Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.
Guidance can influence software multiples and sentiment around U.S. small-business activity.