Fears of a recession intensified even more after data showed the economy shrank for a second straight quarter, making a strong case for defensive stocks for investors worried about slowing growth. GDP fell at a 0.9% annualized rate in the second quarter after a 1.6% decline in the first three months of the year, hitting … Read more
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures drop after worst day for Dow, Nasdaq since 2020 A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, May 5, 2022. andrew kelly | Reuters US stock futures … Read more
Loading chart… CoreCivic Inc: “Let’s just stay away.” Loading chart… Inmode Ltd: “If you want med tech, you just want Edwards Lifesciences.” Loading chart… Western Midstream Partners LP: “This one’s got a great yield, really good story.” Loading chart… SGHC Limited: “They are doing well, and I don’t say that idly.” Loading chart… Enterprise Products … Read more
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures steady with earnings, rising bond yields in focus Traders work on the floor of the New York Stock Exchange during morning trading on April 12, 2022 in New York City. Michael M. Santiago | Getty Images … Read more
