Here Are Wednesdays Top Wall Street Analyst Research Calls Ally Financial, GitLab, GLOBAL FOUNDRIES, Martin Marietta Materials, Rocket Lab USA, Strategy, Toast, Tower Semiconductor, and More
News Source : 24/7 Wall St.
News Summary
- All of the major indices finished the day lower, but off the lowest prints of the day.
- Escalating war tensions, rising oil prices, Treasury yields, and the September overhang were blamed once again.
- The return of the fighting and missile attacks was all it took to ignite buying for the energy complex.
- Rising interest rates, a surging u.s. dollar, and expectations for a rate hike in two weeks were all the ammo the sellers needed for the precious metal arena on Tuesday.
Quick Read All major indices closed lower Tuesday as war tensions and rising oil prices drove the Russell 2000 down 1% and Nasdaq down 1%. The 30year Treasury bond hit 5.
Never miss a story from us, subscribe to our newsletter