S&P 500 & Whirlpool Corporation

S&P 500: The S&P 500 has scaled new highs despite rising energy costs and inflation worries, indicating that corporate profits have been buoyant in the first quarter, though margin forecasts are being cut for the second quarter.

Whirlpool Corporation: Whirlpool Corporation slashed its full-year forecast and suspended its dividend, citing industry decline similar to the global financial crisis due to the Iran war's impact on consumer spending and costs.