Marketwatch stocks, bonds and more!
Stocks are surging Thursday!
That only after the Federal Reserve slowed its pace of monetary tightening and Meta Platforms posted a surprisingly upbeat outlook for the coming year
Tweet on trending stocks
Marketwatch
Meta: Stock jumped 19% in premarket trading.
️Carvana: shares soared 18% in off-hours trading
Deutsche Bank: shares fell nearly 2%
Bed Bath & Beyond: shares gained 19% in premarket trading
Amazon and Alphabet shares jumped 3.9% &4%, respectively#Trending pic.twitter.com/WCbe37voZH— The_Journalbiz (@the_journalbiz) February 2, 2023
Factset chart on trending stock
The S&P 500 was up 1.2% shortly after noon in New York.
The Dow Jones Industrial Average lost 54 points or 0.4%.
The Nasdaq Composite was especially strong, rising 2.8%.
The 10-year Treasury yield fell to 3.367%.
Trending stock today are;
Meta: Stock in Facebook’s parent company jumped 19% in premarket trading, after Meta reported improving conditions in its underlying business and pledged to buy back an added $40 billion in shares.
Carvana: The online used-car seller’s shares soared 18% in off-hours trading, as bets on lower benchmark interest rates helped boost speculative stocks. The stock is a pandemic-era favorite that crashed in 2022.
Deutsche Bank: The German lender reported rising net profit, aided by higher interest rates and a tax gain, but its shares fell nearly 2% in Frankfurt, after it missed analysts’ expectations.
Bed Bath & Beyond: The U.S. home-goods retailer’s shares gained 19% in premarket trading, even after it missed interest payments on its bonds.
Amazon and Alphabet shares jumped 3.9% and 4%, respectively, ahead of the opening bell.
