👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

BUZZ- U.S. stocks weekly: Checking the compass

Published 2018-08-17, 04:19 p/m
© Reuters.  BUZZ- U.S. stocks weekly: Checking the compass
US500
-
DJI
-
CSCO
-
AMAT
-
NVDA
-
WMT
-
STZ
-
NEM
-
JWN
-
M
-
IXIC
-
XAU
-
SOX
-
WEED
-
SPNY
-
SPLRCD
-
SPLRCI
-
SPLRCS
-
SPLRCT
-
SPLRCM
-

** S&P 500 .SPX gains 0.6 pct as investors navigate corporate results amid geopolitical headwinds This as the Nasdaq Composite .IXIC tries to catch its breadth and a Nasdaq volatility remains less than cooperative The SPX and DJI .DJI no longer have a pothole to fill or gap to mind That said, the DJI is still at risk of dying on the vine Majority of sectors advance; consumer staples, utilities and industrials head north, while energy and materials lose their way

** Consumer Staples .SPLRCS surge 3.2 pct. Walmart (NYSE:WMT) WMT.N soars after posting biggest domestic sales growth in a decade Constellation Brands (NYSE:STZ) STZ.N is sole sector loser as Corona beer maker pumps $4 bln more into weed cultivator Canopy Growth WEED.TO Industrials .SPLRCI up 1.4 pct. Nielsen NLSN.N best SPX stock up 19 pct as activist hedge fund Elliott Management takes stake, urges sale Deere DE.N shares reverse course Fri on bullish view of U.S. farm economy Tech .SPLRCT dips 0.2 pct. Grim forecasts from Applied Materials AMAT.O and Nvidia NVDA.O wham chip stocks Trumps Cisco's CSCO.O solid beat and raise report Semiconductor index .SOX slides 2.3 pct

** Consumer Discretionary .SPLRCD slips 0.2 pct. Group's biggest loser Macy's (NYSE:M) M.N tumbles ~10 pct as margin worries overshadow profit beat On flip side, Nordstrom (NYSE:JWN) JWN.N jumps ~13 pct on strong same store sales, rosy outlook Materials .SPLRCM sag 0.5 pct. Gold/Silver miners index .XAU still melting on the charts Newmont Mining (NYSE:NEM) NEM.N sinks 10 pct

** Energy .SPNY slumps 3.6 pct. Strong dollar, emerging market concerns, trade row with China whack sector SPX sector YTD performance through Thurs: https://reut.rs/2vUskuo

** Meanwhile, BofA-ML says aging U.S. bull can still run even as billionaire Soros doubled down on bet against Wall Street SP 500 Aug 17

https://reut.rs/2vUskuo

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.