Shares have been principally increased right this moment, although the Dow prolonged its dropping streak to six-year proportions. Despite bouncing off session lows and briefly entering the black, the blue-chip index ultimately finished lower for the eight-straight day, its longest losing streak since June 2018. The S&P 500 and Nasdaq both secured wins, the latter notching a record close as tech stocks steady themselves ahead of the Fed meeting tomorrow.
Continue reading for more on today’s market, including:
- 3 lithium stocks to observe subsequent yr.
- Honeywell stock buzzing amid spinoff rumors.
- Plus, Ford downshifted; new NDX additions; and a sports activities betting inventory to focus on.
5 Issues to Know At the moment
- The Trump administration plans to roll again electric vehicle (EV) tax credit. (CNBC)
- Canada’s finance minister simply abruptly stop. (Bloomberg)
- Analyst: Ford going through inventory build-up.
- Preserve tabs on these new Nasdaq-100 additions.
- Purchase the dip on DraftKings stock.
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Commodities Quiet to Begin the Week
Oil costs fell right this moment, after retail gross sales development in China dulled demand prospects. February-dated West Texas Intermediate (WTI) crude shed 58 cents, or 0.8%, to settle at $70.71 per barrel.
Gold costs completed decrease amid geopolitical stress, however stay secure forward of the Fed assembly. For the session, gold for December supply misplaced 0.2% to settle at $2,670 an oz.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
