US stock market open 17 November 2016
Current scores on the doors.
S&P +4pts to 2181
Dow +13pts to 18880
Nasdaq +3pts to 5298
US 10 year yields 2.24% +2bp
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US stocks grab small gains at the open
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Nike stock tumbles 29% YTD on flat revenue & falling earnings. Valuation at 24x FY25 earnings may not be a bargain.
Motley Fool
43s ago
Gas prices hit $4.23/gal, a new yearly high, driven by Iran conflict. Expect further spikes.
Daily Beast
4m ago
Mortgage rates jump on Iran news, denting housing rebound hopes. Volatility impacts market.
CNBC
8m ago
MLM heads into earnings with a 7.1% monthly gain & $690 price target vs $614 stock.
StockStory
12m ago
Hormuz Strait disruptions spark billions in oil trade disputes. Expect price volatility & supply shocks.
Bloomberg
16m ago
WCC's revenue up 10.3% last Q, but income missed. Peers saw mixed results. WCC up 19.2% pre-earnings.
StockStory
20m ago
AMD & MU surge on AI bottlenecks & demand. MU's P/E at 5x FY27 est. signals upside.
Motley Fool
23m ago
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