The Dow, the S&P 500, and the Nasdaq all tumbled again Thursday as Wall Street and investors pullback amid coronavirus fears. All three of the major U.S. indexes saw their 2020 gains washed away earlier in the week and they all fell into a correction Thursday, down more than
The markets are on pace for their worst week since the financial crisis in 2008, and indexes are hitting their lowest levels since October. This correction was needed as the equity market’s valuations were getting much too rich.
Tesla’s TSLA relentless rally has finally been shut down by the corona crisis. The shares have fallen over 25% in the past week, and it appears the break down is apt to continue.
On today’s episode of Free Lunch here at Zacks, Associate Stock Strategist Ben Rains takes a look at the market’s huge slide as the coronavirus-based selloff rolls on Thursday. We then discuss Microsoft’s MSFT updated guidance, and end with why Dropbox DBX is a Zacks Rank
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It has been about a month since the last earnings report for Reinsurance Group (RGA). Shares have lost about 7% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for Lockheed Martin (LMT). Shares have lost about 7.6% in that time frame, underperforming the S&P 500.
It has been about a month since the last earnings report for McCormick (MKC). Shares have lost about 8.5% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for C.H. Robinson Worldwide (CHRW). Shares have lost about 2.4% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for CIT Group (CIT). Shares have lost about 9.7% in that time frame, underperforming the S&P 500.
It has been about a month since the last earnings report for Canadian National (CNI). Shares have lost about 5.8% in that time frame, underperforming the S&P 500.