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MarketWatchJun 16, 2019
Market Snapshot: The Fed may break a lot of stock-market investors' hearts this week
Clamoring for a rate cut by the Federal Reserve at some point this year is running high, but the Fed may not comply.

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The Motley FoolJun 16, 2019
Better Buy: Canopy Growth vs. Scotts Miracle-Gro
Which stock wins in a battle between the biggest cannabis producer by market cap and the biggest supplier to the cannabis industry?

MarketWatch MarketPulseJun 14, 2019
Stocks end week on a high note, even after chip maker losses
Stocks mostly closed lower on Friday, leaving weekly gains still intact, after shares of computer chip makers came under pressure due to US-China trade tensions. The S&P 500 fell 0.2% to end around 2,887. The Dow Jones Industrial Average shed 17 points, or less than 0.1%, to finish near 26,090. The Nasdaq Composite slipped 0.5% to end around 7,797. For the week, S&P was up 0.5%, the Dow was up 0.4% and the Nasdaq was up 0.7%. Broadcom Inc. shares led the slump in tech stocks on Friday after the semiconductor manufacturer lowered its guidance for the rest of the year on late Thursday. Broadcom's stock tumbled 5.4%. Still, key equity benchmarks were propped up by expectations for the Federal Reserve to signal its plans to cut rates in the near-future at next week's meeting. In other company news, Chewy Inc. shares rose 63% after its debut IPO in the New York Stock Exchange. The pet care company's stock ended at around $36 a share.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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U.S. oil prices settle higher for the session, down for the week (MarketWatch MarketPulse)

Reuters BusinessJun 14, 2019
All eyes on Fed as stock market pines for rate cut
The Federal Open Market Committee meeting next week is shaping up as a pivotal one for Wall Street, with stocks primed for a selloff should the Fed fail to take an even more dovish tilt after policymakers raised expectations for a rate cut in recent weeks.

MarketWatch MarketPulseJun 13, 2019
Dow transports' out-gains broader stock market again; American Airlines leads airline stocks higher
The Dow Jones Transportation Average rallied 0.6% toward a fifth-straight gain in morning trading Thursday, as another day of strength in its airline components helped the transports outperform the broader stock market, again. American Airlines Group Inc.'s stock jumped 5.3%, enough to pace the Dow transports' and the S&P 500's gainers. In other more-active airline stocks, shares of Delta Air Lines Inc. climbed 2.5%, JetBlue Airways Corp. hiked up 1.1%, Southwest Airlines Co. rose 3.0% and United Continental Holdings Inc. tacked on 3.4%. The NYSE Arca Airline Index jumped 2.4%, putting it on track for the highest close since Feb. 26. Meanwhile, the Dow Jones Industrial Average tacked on 30 points, or 0.1%, and the S&P 500 advanced 0.2%. On Wednesday, the Dow transports rose 0.5%, while both the Dow industrials and the S&P 500 fell 0.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseJun 12, 2019
Salesforce corrects earnings expectations around Tableau deal
Salesforce.com Inc. on Wednesday issued a series of "corrections" around the forecast it issued for its recently announced acquisition of Tableau Software Inc. . The company said it expects the deal to reduce fiscal 2020 adjusted earnings per share by 20 cents to 22 cents, rather than the 37 cents to 39 cents that Salesforce told investors to expect at the time of the deal announcement. Salesforce now expects fiscal 2020 adjusted EPS of $2.68 to $2.70, not $2.51 to $2.53. The new estimates reflect a fully diluted share count of about 840 million, instead of 900 million. Salesforce shares are up 0.5% in premarket trading Wednesday and they've climbed 10% so far this year, as the S&P 500 has gained 15%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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