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,...

Video 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

You are here

Related videos from verified sources

Jim Cramer Explains Why Markets Tanked on Weak Chicago PMI Data 00:38
Credit: The Street - Published on October 31, 2019 

Fed Cuts Rates ... Now What? 01:25
Credit: The Street - Published on October 30, 2019 

Is the Market Overvalued? 02:00
Credit: The Street - Published on October 30, 2019 

Related news from verified sources

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are off to a mixed start on Wall Street as gains in...
on October 25, 2019 • SeattlePI.com

Stocks are likely to move to the downside in early trading on Wednesday, giving back ground following the rally seen in the previous session. The major index...
on October 16, 2019 • RTTNews

NEW YORK (AP) — Stocks moved broadly higher in early trading Thursday as investors wait to see whether the U.S. and China make any progress in negotiations...
on October 10, 2019 • Seattle Times

You might like