Stock Market Summary – March 04, 2026

Historical trends suggest investors should not panic amid geopolitical conflict, as the market tends to recover. Despite economic uncertainty in more recent conflicts, the S&P saw average gains of 2.92% in the 12 months following a new crisis.

Furthermore, Jim Cramer suggests TJX Companies could be on the verge of significant growth following steady performance and a projected positive economic environment. TJX’s stock has doubled over the past three years, outpacing the S&P 500’s 70% advance and crushing sector-specific gains, such as the State Street S&P Retail ETF, which is only up by about 28.5%.

Meanwhile, Nvidia CEO Jensen Huang noted that the company’s recent $30 billion investment in AI startup OpenAI might be the last, as the latter could go public by the end of the year. Huang also mentioned that a previously planned $100 billion deal has been halted, indicating a shift in Nvidia’s relationship with OpenAI.

Several stocks made significant moves, including CoreWeave, which grew 8% following an agreement with Perplexity, and KKR, whose stock rose 3% after insider purchases. Meanwhile, Brown-Forman fell by 6% following concerns over cost pressures, and Moderna saw an increase of 12% after a favorable legal settlement.

Target is revamping its strategies to win back customers. Changes include an expansion in the food department and trendy groceries, a dedicated display for high-end makeup, and a larger array of merchandise for sports fans. Despite recent struggles, Target’s stock rose by 6% with its planned innovations. The company expects a 2% rise in net sales for the current fiscal year.

Lastly, companies like Ross Stores, Broadcom, and Dow Inc showed positive performance, with Ross Stores reporting better-than-expected quarterly results, Broadcom shares increasing ahead of its first-quarter earnings report, and Dow Inc rising after a promising call and upgrade from KeyBanc.