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Shoe Stocks Rise as U.S.-Iran Ceasefire Triggers Relief Rally

Shoe Stocks Rise as U.S.-Iran Ceasefire Triggers Relief Rally

Shoe stocks had something to cheer about Wednesday morning following word of a ceasefire in the U.S.-Isreal war with Iran that was reached Monday night, even if the temporary agreement is just for two-weeks.

Investors saw the temporary ceasefire as a positive move toward ending the six-week war, although there are still details and sticking points that need to be negotiated and could provide hiccups along the way.

With the ceasefire conditional, it remains to be seen whether the temporary agreement — brokered with Pakistani mediation — will hold. There have been no direct talks between the U.S., Israel and Iran. Reportedly there are still scattered attacks in the Gulf region, Israeli Prime Minister Benjamin Netanyahu has said that Lebanon is not included in the ceasefire, and there are questions regarding when the Strait of Hormuz would actually reopen. The closure of the Strait has choked oil transportation and impacted the global economies. Yet, there is optimism — however fragile — as the temporary agreement is better than U.S. President Donald Trump’s threat that Iran’s “civilization will die.”

For now, investors are all in, sending the Dow Jones Industrial Average up 2.8 percent to 47,903.05 points shortly after the start of trading Wednesday.

Among the stocks was a sea of green, with Amer Sports, the parent of technical performance brand Arc’teryx and sneaker brand Salomon, leading the charge at up 10.6 percent to $36.13. Another sneaker brand, On Holding, rose nearly 9 percent to $35.12, while shares of JD Sports Fashion rose 8.8 percent to $75.90.

Birkenstock was also a top gainer, with shares up 8.1 percent to $37.50, followed by Under Armour at up 7.1 percent to $6.18. Shares of VF Corp., parent to the Vans, Timberland and North Face brands, rose 6.7 percent to $18.08, while Steven Madden Ltd.’s stock gained 6.6 percent to $37.46 and Wolverine Worldwide rose 6.2 percent to $17.23.

Among the shoe retailers, shares of Designer Brands Inc., the parent of DSW, was up nearly 8 percent to $6.34 and Boot Barn shares rose 7.7 percent to $161.46. Shares of Deckers, whose brands include Ugg, Hoka and Teva, was up 6.1 percent to $106.45, while Dick’s Sporting Goods saw its shares rise 4.0 percent to $208.69 and Shoe Carnival garnered a 4.5 percent increase to $16.71.

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MLB’s Most Memorable Animal Mascots, Featuring Brewers’ Bobby Jr. | Deadspin.com <div id="section-3"> <p>Major League Baseball: Always up for a gimmick, especially if it means using a species that walks on more than two legs to the ballpark.</p><p>Brewers players came out of their shells to embrace the tortoise, which Murphy named Bobby Jr. <a href="https://deadspin.com/bobby-witt-jr-vs-aaron-judge-puts-spotlight-on-royals-vs-yankees-alds-series/" target="_blank">after Royals star shortstop Bobby Witt Jr.</a> Trevor Megill, the team’s closer, seemed enthusiastic as the critter crawled over a clubhouse rug toward right-hander Chad Patrick. If the players realized that Bobby Jr. had bitten Murphy “several times,” it didn’t worry them.</p><p>The tortoise is tiny now (and moves surprisingly fast despite stereotyping) but Murphy has since found out that sulcatas grow to 100-plus pounds and routinely live into their 70s. Like humans.</p><p>Bobby Jr. turns out to be much more complicated than Murphy’s “pocket pancake” made-for-TV gimmick of 2025. Those were just small pancakes you could store and pull from your pocket if you needed a quick bite. Caring for tortoises? There’s more to it.</p><p>Sulcatas are said to dislike loud noises, like those coming from stands with screaming fans, booming fireworks and clubhouses that play celebration music. And then there’s airplane travel, even if charter flights can sidestep potential security and quarantine/immigration issues.</p><p>Oops?</p><p>“Maybe I didn’t think ahead,” Murphy said at one point. He’s hoping to find a permanent home for Bobby Jr., because the tortoise won’t be a recurring member of the team’s traveling party.</p><p>Even if it was just for a weekend, the legend of Bobby Jr. the tortoise will live forever among other ballpark animals in MLB history.</p><p>• The tortoise was a call-back to the residency of Hank the “Ballpark Pup,” a stray who wandered into Brewers’ Spring Training in 2014 (and into our hearts), becoming a fixture for years. Hank, a Bichon Frisé mix, was of course named after MLB legend and Henry “Hank” Aaron.</p><p>• The modern inspiration of the living mascot trend was the Los Angeles Angels’ Rally Monkey in the early 2000s. The Chapuchin was known mostly for its appearances on the home video board, though it also appeared in person at ballgames.</p><p>• Bobby Jr. isn’t the first famous tortoise/turtle in major league history; New York Yankees left-hander Nestor Cortes Jr. brought in Bronxie, a red-eared slider turtle, in 2021.</p><p>• What has six legs and tried to help the Kansas City Royals repeat as World Series champions? A rally mantis, which became the team’s beloved insect and good-luck charm in August 2016. It first appeared on the hat of outfielder Billy Burns, and prompted a winning streak.</p><p>• Who knows how many different species the Oakland Coliseum hosted through the years? In 2014, a resident possum helped the Athletics win multiple ballgames, at least that’s the story. More recently, before the A’s moved to Sacramento on the way to Las Vegas, a possum nest prevented the New York Mets broadcast from using their usual booth at the Coliseum.</p><p>• Rally Squirrel! Squirrels live in about every ballpark, but only one — an eastern grey squirrel — got their own Topps baseball card, when the St. Louis Cardinals won the World Series in 2011.</p><p>• The Cincinnati Reds of the late 1980s had Schottzie, a St. Bernard dog owned by club owner Marge Schott. Schottzie was less beloved by the players when he pooped on the field at Riverfront Stadium.</p><p>• The Chicago Cubs might have the deepest MLB history of animal friends, mostly because of a goat named Murphy. Back in 1945, a local Greek restaurateur brought a pet goat to the World Series for good luck (as one does), but was denied entry to Wrigley Field. So he cursed the franchise, which failed to win the ’45 Series, or any World Series, until 2016.</p><p>• A Shea Stadium black cat in ‘69 killed the Cubs season and willed the Miracle Mets into existence. The Cubs also had an actual baby bear mascot that met a grisly end in the early 1900s.</p><p>Goats, cats, bears — oh my! This live mascot business can get tricky. If you’re a major league manager, be sure to think it all through before you commit to anything.</p> </div> #MLBs #Memorable #Animal #Mascots #Featuring #Brewers #Bobby #Deadspin.com

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Formula One: Antonelli wins Japanese GP as Bearman crash exposes dangerous differential issue <div id="content-body-70803200" itemprop="articleBody"><p>If the race in Shanghai was a glimpse of Kimi Antonelli’s talent, the following Japanese Grand Prix was evidence that the prodigy will be a strong contender for the driver’s championship in the 2026 F1 season.</p><p>With more than a big slice of luck — a cheap pit stop during a Safety Car period propelling him to the top of the timesheet — the Italian recovered from a poor getaway at the start to take his second consecutive victory.</p><p>The records keep tumbling for Antonelli. He is now the first teenager to lead the championship standings since Lewis Hamilton in 2007 and the first Italian driver to win back-to-back races since Alberto Ascari in 1953.</p><p>Teammate George Russell endured a frustrating day out in Suzuka, failing to finish on the podium for the first time this season. Despite the pace advantage of the Mercedes, the Briton failed to get past the Ferrari of third-placed Charles Leclerc in the dying laps of the race, conceding the championship lead to his junior teammate.</p><p>McLaren’s Oscar Piastri, who had failed to start either of the first two races of the season, came home in second and could have even been on the top step if not for the untimely Safety Car.</p><p>The exciting three-team battle for the top six places is sure to have brought entertainment, but the Japanese Grand Prix highlighted a systemic fault line within the 2026 regulations, one that could have worse consequences than what played out on track. On lap 22, Haas’ Ollie Bearman was involved in a 50G crash (force fifty times the earth’s gravitational pull) when his car slammed into the barriers at the Spoon Curve (Turn 13). The incident occurred when the young English driver had to veer out of the way of a slow-moving Franco Colapinto, causing him to dip a tyre into the grass and lose control of the car.</p><p>Why the Alpine was moving slowly opened a Pandora’s box that F1 hoped to avoid with the new regulations. The crash was due to the high closing speed (the total speed at which two objects approach each other), which occurred due to Colapinto and Bearman’s opposing strategies. While the Argentinian was looking to harvest energy into the battery by going slower, Bearman had unlocked more speed by deploying battery power. While taking evasive action, the Haas car ran through a brake marker board before sliding into the barriers along the wall. Bearman was seen limping back to the service road after the high-impact crash.</p><div class=" article-picture center"><img src="https://ss-i.thgim.com/public/magazine/j7xy9x/article70838198.ece/alternates/FREE_1200/GettyImages-2268881319.jpg" data-original="https://ss-i.thgim.com/public/magazine/j7xy9x/article70838198.ece/alternates/FREE_1200/GettyImages-2268881319.jpg" alt="Oliver Bearman’s mangled car after the crash. " title="Oliver Bearman’s mangled car after the crash. " class=" lazy" width="100%" height="100%"/><div class="pic-caption"><figcaption class="figure-caption align-text-bottom"><p> Oliver Bearman’s mangled car after the crash.  | Photo Credit: Getty Images </p><img class="caption-image" src="https://assetsss.thehindu.com/theme/images/SSRX/lightbox-info.svg" alt="lightbox-info"/></figcaption></div><p class="caption"> Oliver Bearman’s mangled car after the crash.  | Photo Credit: Getty Images </p></div><p>Williams driver and director of the Grand Prix Drivers’ Association, Carlos Sainz, called it an accident waiting to happen, suggesting that F1 and the FIA had not heeded the drivers’ safety concerns. “We’ve been warning them about this happening. I’m not very happy with what we’ve had up until now.</p><p>Hopefully, we come up with a better solution that doesn’t create these massive closing speeds and [ensures] a safer way of going racing,” the Spaniard told reporters after the race. “Here, we were lucky there was an escape road. Now imagine going to Baku or going to Singapore or going to Vegas and having this kind of closing speeds and crashes next to the walls,” he added.</p><p>The crash and the subsequent complaints from the drivers forced the FIA to put out a statement regarding prospective changes to the energy management system. “A number of meetings are scheduled in April to assess the operation of the new regulations and to determine whether any refinements are required. Any potential adjustments require careful simulation and detailed analysis. At this stage, any speculation regarding the nature of potential changes would be premature,” the statement read.</p><p>With five weeks to go before the next Grand Prix in Miami, due to the cancellation of the races in Bahrain and Saudi Arabia, the FIA and F1 management will have to come up with a solution to tackle the issues of closing speeds, which are inherent in this generation of battery-powered racing. Safety should be priority number one, even if that entails taking a few steps back in the use of electrical energy.</p><p><b>MotoGP</b></p><div class=" article-picture center"><img src="https://ss-i.thgim.com/public/incoming/94zvhf/article70838206.ece/alternates/FREE_1200/2026-03-30T082139Z_561462584_28617167_RTRMADP_3_MOTOR.JPG" data-original="https://ss-i.thgim.com/public/incoming/94zvhf/article70838206.ece/alternates/FREE_1200/2026-03-30T082139Z_561462584_28617167_RTRMADP_3_MOTOR.JPG" alt="Marco Bezzecchi celebrates with his United States Grand Prix trophy." title="Marco Bezzecchi celebrates with his United States Grand Prix trophy." class=" lazy" width="100%" height="100%"/><div class="pic-caption"><figcaption class="figure-caption align-text-bottom"><p> Marco Bezzecchi celebrates with his United States Grand Prix trophy. | Photo Credit: Reuters </p><img class="caption-image" src="https://assetsss.thehindu.com/theme/images/SSRX/lightbox-info.svg" alt="lightbox-info"/></figcaption></div><p class="caption"> Marco Bezzecchi celebrates with his United States Grand Prix trophy. | Photo Credit: Reuters </p></div><p>Marco Bezzecchi extended his winning streak to five races after victory at the United States Grand Prix at the Circuit of the Americas (COTA). He led an Aprilia 1-2 with teammate Jorge Martin, who had won the sprint race on Saturday but started seventh on the grid, ahead of KTM’s Pedro Acosta.</p><p>Despite only starting on the second row, Bezzecchi surged into second place before the first corner, then overtook leader Acosta after a slight argy-bargy, which resulted in his seat padding flying off the bike. When he crossed the start-finish straight at the end of lap one, he broke Jorge Lorenzo’s record for the most consecutive MotoGP laps led.</p><p>Pole-sitter Fabio Di Giannantonio finished fourth as the lead Ducati ahead of defending champion Marc Marquez, who responded after serving a long-lap penalty to round out the top five.</p><p class="publish-time" id="end-of-article">Published on Apr 08, 2026</p></div> #Formula #Antonelli #wins #Japanese #Bearman #crash #exposes #dangerous #differential #issue

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