By Luzi Ann Santos | moomoo News US stocks struggled to eke out a gain, managing to turn higher in the last 15 minutes of trading, as investors weigh the impact of a weakening labor market on companies' ability to sustain earnings growth. The$S&P 500 Index(.SPX.US)$rose 0.15% to 5291.34, while the$Nasdaq Composite Index(.IXIC.US)$gained 0.17% to 16857.05. The$Dow Jones Industrial Average(.DJI.US)$rose 0.36% to 38711....
Morning mooers! It is Tuesday, June 4th. The market is open, lower after yet another meme injection from Roaring Kitty. My name is Kevin Travers, here are stories heard on a Wall Street today. The largest climber on the S&P 500 and Nasdaq 100 was$Old Dominion Freight Line(ODFL.US)$, climbing 6%. $Bath & Body Works(BBWI.US)$was the highest decliner on the S&P, down 10% after the firm announced Q1 earnings, and projected a 2% drop in sal...
Morning Movers Gapping up $Intel(INTC.US)$Shares rose more than 1% in the premarket after the company announced new artificial intelligence chips aimed at competing with those from rivals. Despite the AI boom, Intel is down nearly 40% year to date. $SentinelOne(S.US)$Shares rose 2.3% after a Canaccord Genuity upgrade to buy from hold, with the firm calling SentinelOne a secular winner in the long term and stating its recent sell-o...
Investors expect limited future growth from Bath & Body Works, keeping its P/E ratio low and share price stable. Be aware, the company has 4 warning signs for potential investors.
Analysts are more negative on the business after recent results due to a small dip in future earnings per share. Despite this, the price target increase suggests long-term stock value won't be affected. However, Bath & Body Works' revenue is expected to underperform the wider industry.
Saul d Solache : thank you