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What Moved Markets — 4pm ET, Apr 28, 2026

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Headlines

  • AvalonBay outlines $47M development NOI for 2026 and $120M for 2027 — full-year guidance unchanged

  • Franklin Electric raises 2026 outlook to $2.17B-$2.24B sales and $4.40-$4.60 adjusted EPS — shares tied to over $15M in productivity targets

  • Tronox cut to Sell at Truist — net leverage likely to peak at ~12x this year

  • Incyte guides 2026 net sales to $4.77B-$4.94B — four launches are planned over 12 months

  • Sherwin-Williams keeps 2026 guidance unchanged — raw material inflation outlook rises to low-to-mid single digits

  • Agnico Eagle buys Rupert Resources’ undeveloped gold deposit at a 67% premium — gold M&A terms imply a 67% takeover premium

Today’s wrap

April 28, 2026 Market Wrap

GoodMoat publishes hourly macro-headline digests synthesized by AI from leading financial newswires (Reuters, Bloomberg, Tiingo). Each bulletin is editorially reviewed for accuracy before publication. See the Macro Desk editorial process for details.