TradingMarkets 7 Stocks You Need to Know for Monday
Investors welcome several earnings announcements in an otherwise slow news day start to next week. Stocks traded in an erratic yet positive fashion on this final trading day of the week. A surprise rate hike that the Fed insists was simply procedural spooked stocks pre-open. However, a weaker than expected CPI report squelched inflation fears, leading to the bullish sentiment on the session. The DJIA added 9.45, the Nasdaq eased higher by 2.16 and the S&P 500 moved higher by 2.42.
Here are 7 stocks you need to know for Monday.
Family dining steak king, ^TXRH^, reports after the bell with an expected EPS of 10 cents.
78 cents after the close is the forecast number for retailer, ^JWN^.
^LOW^ has analysts awaiting an EPS of 12 cents prior to the opening trade.
Long time epicurean favorite ^CPB^ announces before the bell with a forecast EPS of 73 cents.
^SCHW^ obtained an upgrade to neutral at ^GS^ who, in an unrelated action, dropped its lawsuit against defecting managers to other firms.
^INTU^ announced second quarter profits beating estimates.