Stocks Finish Lower as Treasury Yields Jump on Rating Downgrade

August 4, 2023 August 4, 2023 / CTAS

Stocks slipped on Thursday, as benchmark yield jumped to 4.18%. Our chart of the day is the ten-year chart of Cintas Corporation (CTAS).

Credit Rating Downgrade Sends Stocks Lower

August 2, 2023 August 2, 2023 / AXP

Stocks plunged on Wednesday as Fitch lowered US Credit Rating. American Express (AXP) rakes in revenue, led by Gen Z and Millennials.

August 2, 2023 August 5, 2023 / GTLB

Stocks declined on Tuesday, as traders digested earnings reports. GitLab (GTLB) allows its customers to build software with AI features.

July 31, 2023 July 31, 2023 / ANET

Stocks rose on Monday to close out its latest winning month. Arista Networks (ANET) could become the next big AI stock market leader.

July 29, 2023 July 29, 2023 / UNH

Stocks climbed on Friday on softening inflation data. UnitedHealth (UNH) stock rises after an upbeat quarter.

July 27, 2023 July 27, 2023 / FAST

Stocks fell on Thursday despite faster economic growth. Fastenal (FAST) faced a challenging quarter as manufacturing activities soften.

July 27, 2023 July 27, 2023 / INMD

Stocks were mixed on Wednesday after another rate hike. InMode (INMD) breaks out after management gives a bullish preannouncement.

July 24, 2023 July 24, 2023 / NKE

Stocks rose on Monday to start a crucial week of earnings and central bank decisions. Nike’s (NKE) sales rise in China but slow elsewhere.

July 22, 2023 July 22, 2023 / WING

Stocks mixed as traders await a Fed meeting and more earnings next week. Wingstop’s (WING) higher ad spend drives sales.

July 20, 2023 July 20, 2023 / ACN

S&P500 and NASDAQ sank on Thursday due to poor earnings. AI spending should benefit technology consultants like Accenture (ACN).

July 20, 2023 July 20, 2023 / ENPH

Stocks were up on Wednesday as earnings season continued. Can Enphase’s (ENPH) European Business Overcome America’s Business?

July 18, 2023 July 18, 2023 / CRM

Stocks were up on Tuesday, as investors absorbed fresh earnings. Salesforce (CRM) is scrutinizing expenses, and profit margins are soaring.