The stock market closed lower on Thursday as investors continued to monitor the intensifying conflict involving the US-Israel coalition and Iran.
Meanwhile, oil prices climbed due to growing tensions in the Middle East and risks to shipping through the Strait of Hormuz.
Overall, S&P 500 dropped 0.6% to 6,831, while NASDAQ fell 0.3% to 22,749.
Tweet of the Day
This is Bearish https://t.co/QX8NoeIInq
— David Sharek (@GrowthStockGuy) March 5, 2026
Chart of the Day
Here is the one-year chart of Chipotle Mexican Grill (CMG) as of February 10, 2026, when the stock was at $38.
Last quarter, Chipotle stock rebounded as investors weighed near-term headwinds against long-term growth potential. During the past year, CMG fell from $50 to $40, then $30, and is now back to ~$40.
Last quarter, the company posted flat year-over-year profit growth and 5% revenue growth. But a 3% decline in same-store sales and margin pressure from inflation and tariffs dampened sentiment.
Restaurant-level operating margin decreased to 23.4% compared to 24.8% a year ago. Similarly, operating margin was down to 14.1%, from 14.6% in year-ago period.
For 2026, management expects to open 350 to 370 new restaurants in 2026, including 10 to 15 new partner-operated stores across the Middle East, South Korea, Singapore and Mexico.
CMG is on the radar for the Growth Portfolio.
