Despite Friday's broad rally, the S & P 500 was headed for its second straight weekly pullback. That would mark the first time since April that the benchmark has posted consecutive one-week declines. Earlier this week, both the S & P 500 and Nasdaq Composite had their worst days since late 2022 — as investors turned away from mega-cap tech and put their money towards small-caps and other cyclical areas of the market.
DIS's unique library and franchises have transformed it into a streaming company, and we're bullish on long-term DTC profitability ... Long term, Disney is a growth company with arguably the best IP," analyst Steven Cahall wrote in a Wednesday note. Chipotle is another name that could be due for a rebound, given its RSI of 26.8.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ksatnews - 🏆 442. / 53 Read more »
Source: AP - 🏆 728. / 51 Read more »