News Formal

Tuesday's rough market gives us the chance to add to a health stock that's right for environment

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Investing Club: Tuesday's rough market gives us the chance to add to a health stock that's right for environment

We're buying 45 shares of Johnson & Johnson at roughly $158 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 600 shares of J & J, increasing its weighting in the portfolio to about 3.27% from 3.03%. Wall Street's selloff picked up steam Tuesday as last week's hotter-than-expected inflation data has pushed bond yields higher and forced the market to recalibrate its Fed tightening expectations for the rest of the year.

Traders work on the floor of the New York Stock Exchange during morning trading on February 01, 2023 in New York City.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks slip after disappointing Eurozone manufacturing PMI data By Investing.com*EUROPEAN STOCKS FALL ACROSS THE REGION AMID GROWING RATE HIKE FEARS - 🇪🇺🇩🇪🇫🇷🇮🇹🇪🇸🇬🇧 It's concerning to see European stocks fall across the region due to growing rate hike fears. Let's hope for a swift recovery. EuropeanStocks RateHikeFears 😶
Source: Investingcom - 🏆 450. / 53 Read more »