Tag Archives: Stock

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, February 28, 2022 Corporate America is launching two of its own birds into Putin’s backyard for his invasion into Ukraine. Not airplanes, but one finger from each hand. Here are the first round of actions from a host of multinational companies that began to trickle in over the weekend: Transport giants FedEx and UPS have suspended shipments… Source link

Stocks on Wall Street ended sharply higher on Friday to close out a week of trading, with the notching its biggest one-day gain since November 2020. The week ahead is expected to be another eventful one as investors monitor fresh geopolitical developments related to the Russia-Ukraine crisis. In addition, we’ll also hear congressional from Federal Reserve Chair Jerome Powell, as well as see important economic data, such as the latest U.S. and ISM surveys. Earnings from like Zoom Video… Source link

Before Russia invaded Ukraine, there had been quite a bit of research circulating that concluded the impact of such an event to the U.S. stock market . LPL Financial’s Ryan Detrick looked back at . , the hit to the S&P 500 tends to be relatively light and the volatility tends to be relatively short-lived. “The combined revenue exposure of the S&P 500 to Russia and Ukraine is about 1%,” FactSet’s John Butters . With all of this information already out there, why have markets been selling… Source link

Stock futures headed for a lower open Friday morning as traders eyed the latest developments in Russia’s invasion of Ukraine and the world’s response. Contracts on the S&P 500 declined. The index rose by 1.5% during Thursday’s session, rallying to shake off losses of as much as 2.6% at session lows. The Dow eked out gains after shedding more than 800 points at its worst levels of the day. And the Nasdaq Composite rose 3.3% in its best session since Jan. 31. Stocks steadied even against the… Source link

Yandex ( YNDX -6.79% ), one of Russia’s largest tech companies, lost 40% of its market value over the past 12 months as it grappled with an antitrust probe, concerns about its net losses, rising interest rates, and the Ukrainian conflict sparking an exodus from Russian equities. But after that steep sell-off, Yandex trades at just 2.2 times this year’s sales. That seems like a very low valuation for one of Russia’s largest online search, ride-hailing, e-commerce, and… Source link

Yandex NV (YNDX) is lower by Thursday morning, with the stock falling -27.50% in pre-market trading to 24.68. YNDX’s short-term technical score of 28 indicates that the stock has traded less bullishly over the last month than 72% of stocks on the market. In the Internet Content & Information industry, which ranks 140 out of 146 industries, Yandex NV ranks higher than 55% of stocks. Yandex NV has fallen 19.91% over the past month, closing… Source link

U.S. stock futures were flat heading into overnight trading Wednesday after another tumultuous day on Wall Street that saw all three major benchmarks log their lowest levels this year so far as Russia-Ukraine tensions continued to weigh on investor sentiment. Futures tied to the S&P 500 were little changed after the benchmark slid deeper into a correction – more than 10% from its record closing high on Jan. 3 — in the daytime session. Contracts on the Dow Jones Industrial Average and… Source link

Stock futures opened higher Tuesday evening after a steep sell-off during the regular trading day, which pushed the S&P 500 and Dow to their lowest settlements so far of 2022. Contracts on the S&P 500 rose. The blue-chip index had closed lower by just over 1% on Tuesday, bringing it more than 10% from its record closing high from Jan. 3 — or below the threshold to have entered a correction. The Nasdaq and Dow each also ended in sharply in the red. Hopes of a diplomatic resolution for… Source link

The Presidents Day holiday in the U.S. likely provided little mental relief for traders as the situation between Russia and Ukraine intensified, sending stock futures plunging Monday evening. Futures on the Dow Jones Industrial Average tanked 431 points as of 7:45 p.m. ET, or 1.3%. The S&P 500 and Nasdaq Composite saw worse slides of 2.3% and 3.4%, respectively. The U.S. holiday — along which came closed markets for trading Monday — brought several negative developments on the… Source link

Krispy Kreme’s (DNUT) stock should be devoured by traders headed into the company’s earnings on Feb. 22 as it’s just too darn cheap, says EvercoreISI restaurant analyst David Palmer. “Despite a volatile environment, Krispy Kreme continues to execute and move ahead with its growth plans,” Palmer said in a new research note. The veteran analyst listed several key considerations for a bull case on the stock: “The company has bold goals for points of distribution based upon detailed analysis. The… Source link