In the pantheon of sectors that can be deemed “glamorous” or even modestly exciting, industrials and utilities usually aren’t on that list.
What Investors Need to Know About Tesla’s (TSLA) AI Day
Yesterday’s show will have achieved exactly what Elon Musk wanted it to. It has bought the company millions, if not billions, of dollars’ worth of free airtime while at the same time making Tesla seem like a cool, fun place to work.
Energy Sector Seeing Weakness Along With Rest of Market
Energy stocks are poised for another lower start, pressured by further weakness in the crude complex and the broader index futures as Fed taper fears and the spread of the Delta variant weighed on investor sentiment.
Daily Markets: Stocks Taking Downbeat Note as Week Comes to a Close
Weighing on stocks is the July Fed FOMC minutes that suggest the Fed could start to dial back its monetary policy support while surging delta variant cases are leading a growing number of companies to push back the return to office
The One Federal Agency That Treats THC as Something Other Than a Crime
Today, there’s a federal office that certifies consumer products containing THC, even though other parts of the federal government still think THC is a crime.
Foot Locker shares soar on huge earnings beat and on retailer’s optimism for 2H
Foot Locker crushed fiscal second-quarter earnings estimates and voiced optimism about the back half of the year.
Victoria’s Secret shares tumble, Bath & Body Works rises after first post-split earnings reports
Victoria’s Secret said its sales have yet to return to pre-pandemic levels, while Bath & Body Works is optimistic about its fall and holiday lineup.
European indices seen lower so far on the session
Risk trades are still being pressured towards the end of the week
That follows the more defensive tones seen in US futures so far on the day as well. S&P 500 futures are down 0.4%, Nasdaq futures down 0.3%, Dow futures down 0.4%.
That follows the more defensive tones seen in US futures so far on the day as well. S&P 500 futures are down 0.4%, Nasdaq futures down 0.3%, Dow futures down 0.4%.
USD/CAD stays on course towards 1.3000 after break of July high
USD/CAD up another 0.7% on the day to 1.2921
Commodity currencies are continuing to be pressured this week and there is little reprieve now across the board when you look at the charts.
Commodity currencies are continuing to be pressured this week and there is little reprieve now across the board when you look at the charts.