ADVERTISEMENT
ADVERTISEMENT

STOCKS DO NOTHING: Here's what you need to know

Stocks were little changed on Monday.

For the most part, stocks were little changed on Monday.

The Dow and the S&P 500 saw another day of muted trading, while the Nasdaq ticked up.

Let's jump to the scoreboard:

  • Dow:
  • S&P 500:
  • Nasdaq:
  • US 10-year yield:
  • WTI crude:
ADVERTISEMENT

1. Some of the most powerful people in the US are talking about a massive change to healthcare. Once confined to the fringes of debate, the idea of single-payer healthcare is making a comeback.

3. Stocks are back near record highs — and they have the weaker US dollar to thank for that. The dollar has tumbled about 8% since the start of 2017, which has resulted in a boost for US corporate earnings that are already the best in five years.

5. Traders betting against Alphabet are getting clobbered. Short sellers have taken a $1.1 billion bath on their bearish wagers since the start of 2017 as the stock has surged roughly 23%, according to data provided byS3 Partners, a financial analytics firm.

ADVERTISEMENT

Jana Partners has made an investment inPandora MediaInc., according to a person familiar with the matter, seeing the stock as under-valued with an opportunity to grow its advertising revenue.

stock was down about 3% in after-hours trading.

ADDITIONALLY:

ADVERTISEMENT

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

7 do's and don’ts of the Holy month of Ramadan

7 do's and don’ts of the Holy month of Ramadan

Top 5 sweetest celebrity mother-child relationships that stand out for us

Top 5 sweetest celebrity mother-child relationships that stand out for us

International Women's Day: 5 Nigerian female celebrities championing women’s rights

International Women's Day: 5 Nigerian female celebrities championing women’s rights

Top 5 female directors in Nollywood

Top 5 female directors in Nollywood

6 things that will break a Muslim's fast during Ramadan

6 things that will break a Muslim's fast during Ramadan

5 benefits of fasting during Ramadan

5 benefits of fasting during Ramadan

5 reasons Easter was more fun when we were children

5 reasons Easter was more fun when we were children

Dos and don’ts of supporting Muslims during Ramadan

Dos and don’ts of supporting Muslims during Ramadan

Here are common things people rarely dream about

Here are common things people rarely dream about

ADVERTISEMENT
ADVERTISEMENT