Sealed Air(US:SEE) Benzinga·2026-03-02 17:08Market Overview - U.S. stocks showed mixed performance with the Dow Jones index decreasing by 0.1% to 48,929.19, while the NASDAQ increased by 0.37% to 22,751.80 and the S&P 500 rose by 0.03% to 6,880.74 amid the ongoing Iran-U.S. conflict [1] Sector Performance - Energy shares experienced a gain of 1.8% on Monday, while consumer discretionary stocks fell by 1.7% [2] Company Earnings - Sealed Air Corp reported fourth-quarter earnings of 77 cents per share, surpassing the analyst consensus estimate of 73 cents per share. The company also reported quarterly sales of $1.401 billion, exceeding the analyst consensus estimate of $1.342 billion [3] Commodity Prices - In commodity markets, oil prices rose by 5.6% to $70.76, while gold increased by 1.1% to $5,311.30. Conversely, silver prices fell by 6.2% to $87.55, and copper decreased by 1.6% to $5.9630 [4] European Market Performance - European shares declined, with the eurozone's STOXX 600 falling by 1.65%, Spain's IBEX 35 Index down by 2.71%, London's FTSE 100 decreasing by 1.39%, Germany's DAX falling by 2.35%, and France's CAC 40 declining by 2.10% [5] Asian Market Performance - Asian markets closed mostly lower, with Japan's Nikkei 225 down by 1.35%, Hong Kong's Hang Seng index dipping by 2.14%, China's Shanghai Composite rising by 0.47%, and India's BSE Sensex declining by 1.29% [6] Economic Indicators - The ISM manufacturing PMI fell to 52.4 in February from 52.6 in the previous month, exceeding market estimates of 51.8. The S&P Global manufacturing PMI also declined to 51.6 in February from 53.4 in the prior month, falling short of market estimates of 52.6 [7]