STOCKS GO NOWHERE: Here’s What You Need To Know – Yahoo Finance
Weight Watchers International Inc. plunged 13 percent as the Russell 2000 Index lost 0.5 percent. Bed Bath & Beyond rose 0.7 percent after Canaccord Genuity upgraded the shares to buy from hold. The company “turned in a strong showing” over the holiday season, based on store visits and surveys, Canaccord Genuity analyst Laura Champine wrote in a note.
Stocks begin New Year to the upside – Yahoo Finance
According to Charlie Brown at the NYSE, just about 650 million shares had traded hands as of midday, one of the slowest days of the year well, including the year we just finished, too. 2. The economic calendar wasn’t barren on the first trading day of the year, as we got manufacturing reports from both Markit and ISM, which showed that manufacturing activity remained in expansionary territory but slowed down in December. Markit’s report came in at 53.9, the slowest pace of expansion since January 2014, while ISM’s manufacturing PMI came in at 55.5, down from 58.7 in November. 3. With a late session rally, the S&P 500 tried to avoid doing something it hadn’t done since 2008, which was finish one year with a down day and start the next year with losses.
There have also been signs that banks and homebuilders are coming back to life after consolidating for more than a year. In company-specific news, Linn Energy fell 7 percent after halving its investment plans in response to lower oil and gas prices. Cliffs Natural Resources, which had bullish call buying on Wednesday, also gained 4 percent before the opening bell. best stock to invest in today Oil fell about 2 percent and copper is fractionally lower. The U.S.
Stocks Turn Lower Following Disappointing Economic Data – U.S. Commentary – NASDAQ.com
Other Markets In overseas trading, stock markets across the Asia-Pacific region moved mostly higher on Friday, although several markets remained closed on the day. Hong Kong’s Hang Seng Index surged up by 1.1 percent, while Australia’s All Ordinaries Index climbed by 0.5 percent. Meanwhile, the major European markets ended the day in the red. While the U.K.’s FTSE 100 Index fell by 0.3 percent, the German DAX Index and the French CAC 40 Index dropped by 0.4 percent and 0.5 percent, respectively.