The stock market fell on Wednesday as the ceasefire deadline approached, amid concerns that the U.S. and Iran may fail to reach a peace agreement.
Overall, S&P 500 and NASDAQ declined 0.6% to 7,064 and 24,260, respectively.
Chart of the Day
Here is the one-year chart of TJX Companies (TJX) as of March 10, 2026, when the stock was at $160.
TJX stock has maintained a steady upward trend, climbing from $120 to $160 (+33%) across the last four quarters. The company has consistently delivered better-than-expected earnings and revenue during this period.
Last quarter, TJX reported 16% profit growth on a 9% increase in revenues. Same-store sales rose 5% driven by both higher average basket and increased customer transactions. The stock’s strong performance is largely driven by strong demand for discounted branded goods, as consumers became more price-conscious. Its off-price model performed especially well in a tighter economic environment, resulting in steady comparable sales growth.
TJX is a core holding in the Conservative Growth Portfolio.
