Before the Open (Oct 2)

Good morning. Happy Tuesday.
The Asian/Pacific markets closed mostly down. China and India did well, but Hong Kong, South Korea, Taiwan, Australia, Indonesia, Thailand and the Philippines were weak. Europe, Africa and the Middle East are currently mostly down. France, Turkey, Germany, Greece, Finland, Spain, the Netherlands, Sweden and Saudi Arabia are leading to the downside. Futures in the States point towards a down open for the cash market.
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The dollar is up. Oil and copper are up. Gold and silver are up. Bonds are up.
Overnight Stock Movers from barchart.com…
Whirlpool (WHR -0.13%) was rated a new ‘Sell’ at Goldman Sachs with a price target of $107
Veoneer (VNE +0.84%) was downgraded to ‘Sell’ from ‘Neutral’ at UBS with a price target of $44.
General Electric (GE +7.09%) was upgraded to ‘Outperform’ from ‘Sector Perform’ at RBC Capital Markets with a price target of $15.
Ultimate Software Group (ULTI -0.46%) was rated a new ‘Buy’ at Jeffries with a price target of $370.
Knight-Swift Transportation Holdings (KNX +1.19%) was rated a new ‘Buy’ at Loop Capital Markets with a price target of $45.
Zendesk (ZEN -2.54%) climbed nearly 3% in after-hours trading after it was rated a new ‘Buy’ at Jeffries with a price target of $82.
Papa John’s International (PZZA -3.92%) rose 2% in after-hours trading after Legion Partners reported a 5.46% stake in the company.
Werner Enterprises (WERN +1.02%) was rated a new ‘Buy’ at Loop Capital Markets with a price target of $42.
Stitch Fix (SFIX +1.96%) tumbled 15% in after-hours trading after it forecast Q1 revenue of $354 million to 260 million, the midpoint below consensus of $358 million.
Wabash National (WNC -1.87%) was rated a new ‘Buy’ at Loop Capital Markets with a price target of $27.
GW Pharmaceuticals (GWPH -3.17%) lost more than 1% in after-hours trading after it said it will offer $300 million in American Depositary Shares (ADRs).
Radiant Logistics (RLGT -0.17%) was rated a new ‘Buy’ at Loop Capital Markets with a price target of $9.
Today’s Economic Calendar
Auto Sales
8:55 Redbook Chain Store Sales
10:00 Randal Quarles: “Testimony on Implementation of the Economic Growth Regulatory Relief and Consumer Protection Act”
12:00 PM Jerome Powell Speech
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY