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Marketwatch stocks, bonds and more!

Market reacts as consumer data gives a boost on investors confidence !

Major U.S. stock indexes popped up after consumer-confidence data showed improved sentiment regarding the economy, labor market, and inflation.

Tweet on trending stocks

FactSet chart on trending stocks 

The S&P 500 gained 1.4% around midday Wednesday. The Dow industrials added about 500 points, or 1.5%. The Nasdaq Composite advanced 1.5

While trending stocks today are;

Nike posted better-than-expected sales and said discounts helped its stock jump higher and the sportswear company’s shares jumped nearly 12% premarket after it raised its revenue outlook and said that its inventory challenges are abating.

FedEx: The shipping company said it continues to encounter weak demand for packages, resulting in another quarter of lower profit and fresh plans to cut more costs from its operations. Its shares were up 5.6% premarket.

Tesla: The electric-vehicle maker’s stock gained about 1.5% ahead of the opening bell. That put Tesla on pace to recoup some of the previous session’s heavy losses, which had helped push it down the rankings of America’s most-valuable listed companies.

BlackBerry: The security software and services provider swung to a loss and reported lower revenue in the latest quarter. BlackBerry’s U.S. shares stood 2.2% lower premarket.

Worthington Industries: The manufacturer’s shares dropped 4.8% off hours after it reported a decline in quarterly sales.