Good morning. Happy Thursday.
The Asian/Pacific markets closed mixed. Japan, Taiwan, Malaysia, Australia, Indonesia and Singapore did well; China, Hong Kong and Thailand were weak. Europe, Africa and the Middle East are currently mostly down. Russia and Kenya are up, but the UK, Germany, Greece, South Africa, Finland, Switzerland, Norway, Hungary, Spain, Italy and Sweden are down. Futures in the States point towards a relatively big gap down open for the cash market.
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List of Indexes and ETFs – here
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The dollar is down. Oil and copper are down. Gold and silver are up. Bonds are up.
Overnight Stock Movers from barchart.com…
Ashland Global Holdings (ASH +4.50%) was upgraded to ‘Overweight’ from ‘Neutral’ by JPMorgan Chase with a price target of $86.
General Dynamics (GD +2.67%) was awarded a $1.11 billion contract from the U.S. Navy for engineering and technical services on submarines.
Huntington Ingalls Industries (HII +3.80%) was awarded a $874 million contract from the U.S. Navy for engineering and technical services on submarines.
Oceaneering International (OII +7.66%) was awarded a $828 million contract from the U.S. Navy for engineering and technical services on submarines.
Roku (ROKU +11.70%) rose 2% on top of Wednesday’s 11.7% gain after it was named a “Top Pick” by Needham & Co for 2019.
Prospect Capital (PSEC +4.81%) gained almost 2% in after-hours trading after CEO John Barry disclosed he bought 1 million shares of the company’s stock at $5.87 per share.
TherapeuticsMD (TXMD +4.36%) climbed nearly 4% in after-hours trading as it extended Wednesday’s 4.4% rally.
Avid Technology (AVID +1.46%) was upgraded to ‘Hold’ from ‘Sell’ at BWS Financial with a price target of $5.
Today’s Economic Calendar
8:30 Initial Jobless Claims
9:00 FHFA House Price Index
10:00 New Home Sales
10:00 Consumer Confidence
1:00 PM Results of $32B, 7-Year Note Auction
3:00 PM Farm Prices
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY