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QXO News2 articles
Dollar Gains as Middle East Tensions Fuel Safe-Haven Demand
The U.S. dollar strengthened as Middle East hostilities boosted its safe-haven appeal, while oil prices jumped 5%, stoking inflation concerns. Major industrial stocks entered a technical correction.
QXO Soars on $2.25B Kodiak Acquisition, Expanding Beyond Roofing
QXO shares surged over 16% in after-hours trading after announcing a $2.25 billion cash-and-stock deal to acquire Kodiak Building Partners, expanding its market reach.