Marketwatch stock, bonds and more!
The major U.S. stock averages inched higher as investors parsed the latest consumer inflation report.
S&P 500: +0.2% and Dow industrials: +0.5% while Nasdaq Composite: +0.2%
Tweet on trending stocks
Stocks to watch:
Walt Disney: Shares rose 1.6% before the bell
American Airlines: Shares rose 4.2%
KB Home: Shares fell 2.7% premarket.
Bed Bath & Beyond: stock jumped nearly 20% in premarket.
Logitech International, slid 15% and Ubisoft fell 14% #Trending #stocks pic.twitter.com/x7Dc845ZVf— The_Journalbiz (@the_journalbiz) January 12, 2023
FactSet chart on trending stocks
The benchmark 10-year U.S. Treasury yield was at 3.497% from 3.554% on Wednesday
Trending stocks today are;
Walt Disney: Shares rose 1.6% before the bell, after gaining 0.8% Wednesday. The entertainment giant faces a proxy fight with activist investor Nelson Peltz.
American Airlines: Shares of the airline group rose 4.2% premarket after it said fourth-quarter revenues were likely to surpass previous expectations
KB Home: Shares of the homebuilding firm fell 2.7% premarket, echoing a similar downdraft in late trading Wednesday. After Wednesday’s close it said rising interest rates had knocked demand in its most recent quarter.
Bed Bath & Beyond: The highly volatile retail stock jumped nearly 20% in premarket trading, building on a 69% surge Wednesday.
RF Industries, Rocky Mountain Chocolate Factory: The two companies are expected to report after the close.
Logitech International, Ubisoft Entertainment: Among the big losers in Europe, Switzerland-listed Logitech slid 15% after the maker of computer gear, a pandemic winner, lowered its forecasts for 2023. Ubisoft fell 14% in Paris after the French videogame publisher, maker of Assassin’s Creed, said two key games performed poorly over the holiday season.
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