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NASDAQ:SANM.O 5 January 2026

Sanmina stock slides after early pop as manufacturing data, peer moves hit sentiment

Sanmina stock slides after early pop as manufacturing data, peer moves hit sentiment

Sanmina shares fell 5.1% to $151.12 Monday after an early rally above $165 faded, underperforming as Wall Street hit record highs. Electronics manufacturing peers Jabil, Flex, and Celestica also dropped, pressured by weak U.S. manufacturing data and Jabil’s acquisition of Hanley Energy. Investors are awaiting Friday’s U.S. jobs report and Sanmina’s upcoming earnings window.
5 January 2026
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Stock Market Today

  • Crude Oil Prices Drop Amid US-Iran Truce Hopes and Rising Inventories
    March 25, 2026, 2:03 PM EDT. Crude oil prices fell sharply on hopes for a US-Iran truce that could end ongoing conflict, with May WTI crude down 3.53% and May RBOB gasoline down 4.56%. The drop followed a 15-point US peace proposal addressing Iran's nuclear program rollback and sanction relief. However, prices rebounded after Iran rejected the ceasefire, demanding full cessation of hostilities and reparations. A surprise rise in U.S. crude inventories to a 1.75-year high added bear pressure. Tensions remain high as the Strait of Hormuz stays closed, limiting oil flows by about 20%, while regional damage to energy infrastructure threatens longer supply disruptions. Goldman Sachs warns prices could surpass 2008 highs if blockades persist.
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