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US STOCKS-Wall Street indexes hit fresh peaks on trade, Fed cut optimism
Indexes up: Dow 0.93%, S&P 500 0.58%, Nasdaq 0.54%Nike rises after better-than-expected Q1 revenue forecast UBS lifts S&P 500 index's target on fading trade tensionsBy Kanchana Chakravarty and Nikhil Sharma June 27 (Reuters) - Wall Street's main indexes rose on Friday, pushing...Reuters
Fri, Jun 27
BofA downgrades Molson Coors to 'neutral' rating, cuts PT
** BofA downgrades beer maker Molson Coors TAP.N to "neutral" from "buy" rating, citing a continues decline in the U.S. beer industry below historical trends** "It will be difficult for TAP to achieve what we expected with the industry slump continuing" - BofA** Brokerage cut...Reuters
Fri, Jun 27
Why Nike Stock Is Skyrocketing Today
Nike (NYSE: NKE) stock is surging in Friday's trading following the company's recent quarterly report. The footwear and apparel specialist's share price was up 14.5% as of 10:45 a.m. ET. At the same point in the daily session, the S&P 500 index was up 0.5%.After yesterday's market close, Nike publis...The Motley Fool
Fri, Jun 27
CANADA STOCKS-TSX hits record high as investors assess economic data
By Twesha Dikshit and Sukriti Gupta June 27 (Reuters) - Canada's main stock index inched up to an all-time high on Friday, but losses in heavyweight mining shares kept gains in check, while investors assessed domestic and U.S. economic data. The S&P/TSX composite index .GSPTSE was up 0.1%...Reuters
Fri, Jun 27
GLOBAL MARKETS-Shares rally on China-US trade hopes, dollar trades at multi-year lows
S&P 500 and Nasdaq reach record highsEuropean shares rise on easing US-China trade tensionDollar holds near lowest levels in more than three yearsOil prices gain, gold slipsBy Chibuike Oguh and Elizabeth Howcroft NEW YORK/PARIS, June 27 (Reuters) - Global shares reached a record high on Frida...Reuters
Fri, Jun 27
Top Quantitative Traits for Rule Breaker Stocks
June brings another Rule Breaker Investing mailbag, where your notes nudged Motley Fool co-founder David Gardner to share, among other things:His top quantitative traits for a great stock.Thoughts a few years later on Michael Hebb's Let's Talk About Death (over Dinner)A trip back in our time machine...The Motley Fool
Fri, Jun 27
EMERGING MARKETS-Latam FX, stocks broadly steady as markets await progress on US trade deals
Colombia's central bank to announce rate decisionBrazil's jobless rate falls below expectationsU.S. consumer spending drops unexpectedly in MayMSCI Latam FX up 0.1%, stocks off 0.1%By Ragini Mathur and Purvi Agarwal June 27 (Reuters) - Latin American currencies were mixed on Friday, while...Reuters
Fri, Jun 27
S&P 500, Nasdaq hit record highs on renewed AI bets, rate-cut hope
By Johann M Cherian and Medha Singh June 27 (Reuters) - The S&P 500 and the Nasdaq Composite hit all-time highs on Friday as renewed AI enthusiasm and the prospect of a looser monetary policy powered a recovery in U.S. stocks from months-long rout.The benchmark index .SPX rose 0.59% to 6,178....Reuters
Fri, Jun 27
LIVE MARKETS-TGIF data: Consumer spending dipped in May, but sentiment rebounded in June
Wall Street indexes rise, S&P 500, Nasdaq hit record highsIndustrials biggest sector gainer, energy is sole declinerSTOXX 600 up ~0.9%Dollar edges red; gold, bitcoin off >1%; crude rises ~1%U.S. 10-year Treasury yield up ~4.27%Welcome to the home for real-time coverage of markets brought to y...Reuters
Fri, Jun 27
Gilead, cancer test makers up after U.S. top court ruling on preventative coverage
** Shares of Gilead Sciences GILD.O rise 3.1% to $110.69 in morning trade ** U.S. Supreme Court rules in favor of Obamacare preventive care task force ** The task force helps guarantee that health insurers cover preventive care such as cancer screenings at no cost to patients** Cancer test makers su...Reuters
Fri, Jun 27
Copper miners fall as red metal prices slip from three-month peak on Chinese data
** Shares of copper miners fall, tracking red metal's prices** Benchmark three-month copper CMCU3 on the London Metal Exchange down 0.5% to $9,850.50 per metric ton, having hit $9,917 a metric ton, its highest since March 27** Copper prices slipped from a three-month peak after weak data in top ...Reuters
Fri, Jun 27
Meet a Little-Known Stock That's Outperforming Amazon and Tesla Since Going Public 2 Years Ago
Two of the most well-known and beloved stocks on the market are Amazon and Tesla. Indeed, these are two of the so-called "Magnificent Seven" -- seven of the largest enterprises in the entire world. And if you bought shares of this duo three years ago, you're doing quite well as of June 27, gaining 8...The Motley Fool
Fri, Jun 27
Palantir Tumbled 5.5% In Morning Trading After Setting An All-Time Closing High On Thursday
Palantir Technologies tumbled 5.5% in morning trading. Shares of the data analytics company finished Thursday with a gain of 0.9% and set an all-time closing high of $144.25. Palantir has soared 83% this year, riding a frenzy of investing in the artificial-intelligence space.Tiger News
Fri, Jun 27
Lyra Therapeutics falls after direct stock deal, private placement
** Shares of Lyra Therapeutics LYRA.O fall 30.5% to $9.30 in morning trading** Stock set for worst day in over one year, if losses hold** Drug developer enters agreement for sale of 423,372 shares in direct stock offering for net proceeds of $5 million** Offer price of $11.81 represents 11.7% discou...Reuters
Fri, Jun 27
LIVE MARKETS-Records right out of the gate
Wall Street indexes rise, S&P 500, Nasdaq hit record highsConsumer disc is biggest sector gainer, energy is sole declinerSTOXX 600 up ~0.9%Dollar edges red; gold, bitcoin off >1%; crude rises ~1%U.S. 10-year Treasury yield up ~4.28%Welcome to the home for real-time coverage of markets brought...Reuters
Fri, Jun 27
Gilead shares rise after US top court ruling on preventative coverage
June 27 (Reuters) - Shares of Gilead GILD.O rose nearly 3% after the U.S. Supreme Court on Friday preserved a key element of the Obamacare law that helps guarantee that health insurers cover preventive care at no cost to patients.At the heart of the case was whether the U.S. Preventive Services Task...Reuters
Fri, Jun 27
Estee Lauder rises after HSBC upgrades to 'buy'
** Cosmetics giant Estée Lauder's shares EL.N rise as much as 5.6% to a near five-month high of $83.43** HSBC upgrades stock to "buy" from "hold", cites possible end to earnings downgrade on dollar weakness, co's growth plan** Brokerage raises PT to $99 from $80; new PT impli...Reuters
Fri, Jun 27
TC Energy gains as toll collection starts for Southeast Gateway pipeline in Mexico
** Shares of Canadian pipeline operator TC Energy TRP.TO rise 3.7% to C$67.85** Company commences collection of tolls from Comisión Federal de Electricidad (CFE) for Southeast Gateway natural gas pipeline in Mexico** Adds that toll has been paid by CFE for May, in accordance with contract** Company ...Reuters
Fri, Jun 27
Apogee Enterprises Inc reports results for the quarter ended May 31 - Earnings Summary
Apogee Enterprises Inc APOG.OQ reported quarterly adjusted earnings of 56 cents per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of $1.44. The mean expectation of four analysts for the quarter was for earnings of 47 cents per share. Wall...Reuters
Fri, Jun 27
