Trending stocks bonds and more
The push and pull between central banks and markets continues.
Stocks and bonds continued their rally Tuesday, despite more signals that hopes of easier monetary policy next year may have gone too far.
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Marketwatch:
Nikola (NKLA): The stock climbed about 10% after falling nearly 10% in the previous session.
Nike (NKE): shares rose in morning trading
UBS (UBS): shares rose some 4%
Ebix (EBIX): The stock crashed nearly 68%
FedEx (FDX): The stock edged lower#trendingstocks pic.twitter.com/lkw3ePbkPk— The_Journalbiz (@the_journalbiz) December 19, 2023
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Accenture (ACN): The management consultancy gave a revenue outlook that undershot analysts’ forecasts. Accenture stock was recently about flat.
Heico (HEI): The latest quarterly results from the supplier of airplane parts beat Wall Street expectations for revenue and profit. Heico shares rose more than 1%.
Nikola (NKLA): The stock climbed about 10% after falling nearly 10% in the previous session. A judge sentenced the electric-truck company’s founder Trevor Milton on Monday to four years in prison for defrauding investors.
Nike (NKE): The athletic apparel company’s shares rose in morning trading after Raymond James analysts lifted their price target on the stock.
UBS (UBS), (CH:UBSG): Activist investor Cevian Capital bought a $1.3-billion stake in the Swiss bank. UBS shares rose some 4% in U.S. trading.
Ebix (EBIX): The stock crashed nearly 68% Monday after the software services company filed for bankruptcy. Ebix shares rose Tuesday.
FedEx (FDX): The delivery giant is set to report earnings after market close. The stock edged lower.
