Utilities Up on Defensive Demand — Utilities Roundup
Shares of power producers rose sharply as traders rotated into defensive, dividend-oriented sectors in light of rising Treasury yields and doubts about President-elect Donald Trump's cabinet picks.
Communications Services Cos Down on Flight From Risk — Communications Services Roundup
Communications services companies slid as traders retreated from risk, spooked by steadily rising Treasury yields. Florida billionaire David Hoffman is seeking to build a newspaper giant on a similar ...
Consumer Cos Down as RFK Pick Weighs on Snack Makers — Consumer Roundup
Consumer companies fell amid concerns about President-elect Donald Trump's planned appointments.
Tech Down as Trump Euphoria Wanes — Tech Roundup
Shares of technology companies fell as optimism in the wake of Donald Trump's victory waned.
Financials Up on Interest-Rate Views — Financials Roundup
Shares of banks and other financial institutions rose as traders rotated into sectors that stood to gain from an inflationary environment and elevated interest rates. The yield on the policy-sensitive ...
Euro Lost 1.67% to $1.0541 — Data Talk
--Up 0.09% from its 52-week low of 1.0531 hit Thursday, Nov. 14, 2024 Pfizer, General Motors, and Centene are among those that are still cheap despite impressive earnings beats.
Sterling Lost 2.35% to $1.2618 — Data Talk
--Up 2.18% from its 52-week low of 1.2349 hit Monday, April 22, 2024 --Year-to-date the British pound is down 0.90% vs the dollar Pfizer, General Motors, and Centene are among those that are still ...
WK Kellogg Continues to Milk Cost Savings, Buoying Margins Even as Sales Languish
We believe WK Kellogg is in a fair financial position. As of December 2023, it carried a gross debt/adjusted EBITDA ratio of 3.4 times, which should decline to around 2 times and remain near that ...
Ingredion Poised to Benefit From Specialty Texture Ingredient Demand
Changing consumer preferences present both risk and opportunity. If Ingredion's portfolio does not adapt to consumer demands, such as the avoidance of high-fructose corn syrup, sales could decline.
The S&P 500 has come to a major postelection crossroads
The S&P 500 index SPX has remained strong since the U.S. presidential election. The target for this upside move continues to be the +4<SIGMA> "modified Bollinger Band," which is now near 6,050 and ...
S&P 500 Falls 2.08% This Week to 5870.62 — Data Talk
The S&P 500 Index is down 124.92 points or 2.08% this week to 5870.62 --Largest one-week point and percentage decline since the week ending Sept. 6, 2024 --Today it is down 78.55 points or 1.32% ...
NASDAQ Composite Falls 3.15% This Week to 18680.12 — Data Talk
The NASDAQ Composite Index is down 606.66 points or 3.15% this week to 18680.12 --Largest one-week point and percentage decline since the week ending Sept. 6, 2024 ...