Wall Street traded in green on Monday as S&P 500, Nasdaq, Dow Jones registered gains.
US Stock market indexes closed higher on Monday as investors were still optimistic over trade talks between the United States and its trading partners despite President Donald Trump’s latest salvo to double tariffs on imported steel and aluminum. S&P 500 gained 25.50 points, or 0.43 per cent, to end at 5,937.19 points, » Read more about: Wall Street traded in green on Monday as S&P 500, Nasdaq, Dow Jones registered gains. »
Read MoreStock futures are little changed after S&P 500 kicks off June with a modest gain: Live updates
Stock futures were slightly lower on Monday night after the major averages began June’s trading on a positive note.
S&P 500 futures slipped 0.2%, and Dow Jones Industrial Average futures lost 83 points, or 0.2%. Futures linked to the Nasdaq 100 ticked down nearly 0.2%.
Read MoreStock market today: Dow, S&P 500, Nasdaq futures slip as Wall Street braces for renewed trade tensions
CNA938 Rewind – Big Tech back in fashion on the S&P 500 – how high is the climb?
Slightly eased tensions between the US and its trade partners have helped to patch tech earning wounds, with the Magnificent Seven outperforming the S&P 500 on the back of continued demand for tech services. Andrea Heng and Hairianto Diman asl Kyle Rodda, Senior Financial Market Analyst, Capital.com what investors are keeping an eye on as things play out.
Read MoreStock market today: Dow, S&P 500, Nasdaq futures rise as Trump-Musk feud cools, with jobs report on deck
Lululemon (LULU)
Shares in the apparel company plunged 21.7% after the company issued weaker-than-expected guidance for the second quarter and claimed profits are at risk in a “dynamic macro-environment”. The brand expects Q2 earnings per share in the range of $2.85 to $2.90,
Read MoreThe Burst
3 Must-See Entertainment Stocks for Your Portfolio
[1] Disney
The Walt Disney Company is known for its ability to create high-quality, imaginative content that appeals to people of all ages. From classic films to modern franchises, Disney has a reputation for producing stories and characters that are beloved by many.
However, the company’s appeal extends beyond its enchanting brand.
» Read more about: 3 Must-See Entertainment Stocks for Your Portfolio »
Read MoreThe Ivy
Bizarre Trend To Appear In Next 8 Weeks
Some things are just hard to explain away, like why a stock will dramatically outperform at certain times of the year. But that’s exactly the case for Performance Food Group, a company very few investors have even heard of let alone invested in.
Performance Food Group is a standout candidate over the next couple of months for investors who are willing to bet on the increasingly embraced idea of seasonality.
» Read more about: Bizarre Trend To Appear In Next 8 Weeks »
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