10 things to watch in the stock market Monday on a holiday-shortened week

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Union Pacific Corp,NASDAQ Composite,Citigroup Inc

Markets were indicated for a muted open Monday following a mixed session Friday that saw the Nasdaq hit another record.

10 things to watch Monday, June 17 Markets were indicated for a muted open Monday following a mixed session Friday that saw the S & P 500 and the Dow dip while the Nasdaq edge higher to close at another record high. For the week: The tech-heavy Nasdaq gained 3.2%, while the S & P 500 rose 1.6% and the Dow fell 0.5%. We'll see if this Dow divergence continues. Two cooler-than-expected inflation reports despite a cautious Fed drove the largely bullish action last week.

Toll Brothers was upgraded to neutral from sell by Goldman Sachs. Greater pressure on higher-end homes did not play out like the analyst had previously expected.Activist Investor Starboard Value took a $500 million stake in Autodesk, according to The Wall Street Journal. Starboard wants changes to Autodesk's board and is seeking actions to improve margins.ahead of earnings next week on June 26. Bank of America boosted its PT to $170 per share from $144.

 

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Asia markets are mixed after tech stocks lift Nasdaq to record highsInvestors in Asia will be watching for any spillover to companies in Nvidia’s value chain, such as Taiwan’s TSMC and Foxconn.
منبع: nbcsandiego - 🏆 524. / 51 ادامه مطلب »

Asia markets mostly fall after tech stocks lift Nasdaq to record highsInvestors in Asia will be watching for any spillover to companies in Nvidia’s value chain, such as Taiwan’s TSMC and Foxconn.
منبع: NBCNewYork - 🏆 270. / 63 ادامه مطلب »