CNBC Daily Open: Growth stocks look hot but investors should be cautious
Publishing timestamp: 2023-02-20 01:05:20
Summary
Markets may be warming to growth stocks, but investors should be cautious. U.S. stocks closed Friday mixed, while Asia-Pacific markets rose marginally. China's economic recovery is picking up steam, and Chinese stocks may jump as much as 24% by the end of the year. Retail investors are flooding back to the stock market, and U.S. stocks ended the week slightly lower. Earnings reports from Walmart, Home Depot, and Nvidia this week will give investors a clearer picture of the U.S. economy.
Sentiment: MIXED
Keywords: china, ipo, home depot inc, economic events, markets, nvidia corp, interest rates, antony blinken, politics, world markets, federal reserve system, walmart inc, technology, espionage, microsoft corp, business news,