Wednesday's big stock stories: What's likely to move the market in the next trading session
Publishing timestamp: 2024-08-20 19:03:03
Summary
Elliott Management has been active in activist campaigns with investments in Texas Instruments, Southwest Airlines, and Starbucks. The S&P 500, Nasdaq Composite, Dow Jones Industrial Average, and Russell 2000 have all seen gains in the past nine days. Netflix, Walmart, and Eli Lilly hit all-time highs. Various retail companies are reporting their quarterly numbers, with Target and Macy's down in the past three months while TJX is just off its high. Snowflake is reporting after the bell and is up nearly 4% in the week.
Sentiment: MIXED
Tickers: LUV, TGT, .RUT, SBUX, .DJI, TXN, .SPX, LLY, WMT, TJX, M, NFLX, SNOW, .IXIC,
Keywords: eli lilly and co, business news, investment strategy, target corp, s&p 500 index, russell 2000 index, dow jones industrial average, starbucks corp, stock markets, netflix inc, walmart inc, macy's inc, nasdaq composite, texas instruments inc, snowflake inc., southwest airlines co, tjx companies inc,
Source: https://www.cnbc.com/2024/08/20/wednesdays-big-stock-stories-whats-likely-to-move-the-market.html