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Markets Right Now: US stocks drift in early trading

Credit: SeattlePI.com- Published on October 10, 2019
NEW YORK (AP) — The latest on developments in financial markets (all times local):

9:35 a.m.

Stocks are little changed in the early going on Wall Street as investors watch for developments in the latest round of trade talks between the U.S. and China.

Bed Bath & Beyond soared 24% early Thursday after naming a new CEO,...
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Credit: The Street
Published on October 8, 2019 -  01:37
How Investors Should Approach A Market Selloff?
Worried about a market selloff heading into the October trade talks? TheStreet's Tony Owusu and Real Money contributor Chris Versace weigh in on whether or not investors should be worried about a market selloff and what investors should do if they have stocks in their portfolio with China exposure. Let's start with what exactly is driving markets. "In a word, I would say it's pessimism and that pessimism is leading to defensive trading. Take Domino's Pizza for example. It starts a day up, down big after the company cut guidance, they reported soft earnings and soft guidance. But then the CFO gets on the conference call and he says that they're doing a billion-dollar share buyback program. Everybody comes back in, the stock is up big, I think 5% on about six times a normal volume. So the stock is doing well because people are looking for defensive stocks right now," said Owusu. But what if you have stocks with China exposure? Watch the full interview for more. Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

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Recent related news from verified sources

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are pulling back slightly in early trading on Wall...
5 days ago • SeattlePI.com

Following the rally seen last Friday, stocks are likely to see some further upside in early trading on Monday. The major index futures are currently pointing to...
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