Welcome to power lunch, im Michelle Carusocabrera. Stocks on the red, they did hit alltime highs before dropping and the s p is higher up by one point. Utilities, realty and tech are seagate, nvidia, a map. Its a weak day for the for pharmaceuticals. Take a look at go pro, the ceo sake it will cut the workforce by 20 today its at lower by a dollar and a half after a decline of nearly 20 blue apron is feeling blue today as well. Down 17 cents. When youre on the at 3. 74 stock thats a 4 decline, tyler. Michelle, thank you very much creche welcome, everybody. The firm said clients were net buyers in december, resulting in one of the longest buying streaks in history visa says it will raise the 401 k matching commitment, following the passage of the new tax Bill Williams added that tax cuts should have a modest effect on growth brian . Thank you with you kick off this monday with the markets and your money. Stocks may be mixed, but dont be fooled. We are close to recordhigh levels if a new
Crisis, or fear of rate hikes, or fear of inflation, or deflation for that matter. It may seem odd to talk about fear on a day when the average is basically me and erg higher for most of the day. Nasdaq edging up thats because the market is in fear of one thing, it lives in fear of amazon specifically the power of amazon over the whole industries. We saw Health Care Stocks rally again today. Every stock in the group of the drugs, biotechs, medical devices and especially insurers and hospitals, which makes me think that they rallied because the bill is written. Looks like it might be too draconian to pass. Theres no universe for the hospitals to make more money under a plan that slashes medicaid and causes millions to lose their insurance still, though, i think the undercurrent, or i should say the undertow of amazon is such a dominant threat to so many consumer related sectors, in a consumerdriven economy, that its sinking whole swaths of stock once again if your companys in the crossh
Editas Medicine, Inc. (NASDAQ:EDIT – Get Free Report) shares were up 14.2% during trading on Wednesday . The company traded as high as $6.20 and last traded at $6.20. Approximately 1,553,016 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 1,845,939 shares. The stock had previously closed at […]
Editas Medicine, Inc. (NASDAQ:EDIT – Get Free Report) shares were up 14.2% during trading on Wednesday . The company traded as high as $6.20 and last traded at $6.20. Approximately 1,553,016 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 1,845,939 shares. The stock had previously closed at […]
Editas Medicine, Inc. (NASDAQ:EDIT – Get Free Report) shares rose 14.2% during trading on Wednesday . The stock traded as high as $6.20 and last traded at $6.20. Approximately 1,553,016 shares changed hands during trading, a decline of 16% from the average daily volume of 1,845,939 shares. The stock had previously closed at $5.43. Wall […]