News Formal

Stocks close lower for a fourth day as recession angst dashes hope of year-end rally

  • 📰 CNBC
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Stocks fell Monday as recession fears mounted and investors worried time is running out for a year-end rally. The Dow fell 0.49%. The S&P 500 shed 0.90%. The Nasdaq plunged 1.49%.

Stocks slid even further Monday and were near session lows heading into the final hour of trading.

"We have cut our '23 & '24 Revenue ests by 4% & 5%, and our '23 & '24 Operating Income ests by 9% & 8% and are now below the Street. We have also lowered our PT to $150, based on 14X our '24 EBITDA of $114B," Mahaney wrote in a Sunday note. "We continue to view AMZN as highly attractive for long-term investors as a DHQ stock and see several Value Unlocks that we highlight in this report," he added.

"I like companies like a Rockwell Automation, for instance, that are able to improve the technology of these manufacturing companies, be able to make them more efficient, and hopefully mitigate some of the pressure that they have from hiring," she told CNBC's "Halftime Report" on Monday, noting that the sector's faced an exodus as older workers retire.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

We're in a recession, Joe doesn't get to redefine recession to fit his blundering mess. Admit it, Joe Biden is a failure

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Jim Cramer's top 10 things to watch in the market Monday: Stocks, Elon Musk, AmazonMorgan Stanley's Mike Wilson sees the S&P 500 going as low as 3,000 next year.
ソース: CNBC - 🏆 12. / 72 続きを読む »