US stocks start week lower on energy and rate risks
US equities were lower as higher energy prices weighed on margin outlook. The S&P 500 and Nasdaq 100 fell 0.4% and the Dow dropped nearly 1%, with rate risks also lifted by macro signals.
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Brown-Forman reaffirms fiscal 2027 outlook after Q1 results
Brown-Forman said first-quarter fiscal 2027 results were largely in line with expectations and reaffirmed full-year guidance for flat organic net sales and a 3% to 5% decline in organic operating income.