📈 ... And The Party Continues - Another Fresh All-Time High Today?
Yesterday, the markets took a break and the S&P 500 snapped a 2-day losing streak. Will the party continue today with new all-time highs? - Here's what is happening in the markets today, Thursday, June 24th.
Yesterday, the markets took a break and the S&P 500 snapped a 2-day losing streak. Will the party continue today with new all-time highs?
Here's what is happening in the markets today, Thursday, June 24th.
First, let’s take a look at yesterday first:
The S&P 500 snapped a two-day winning streak yesterday, closing the regular session 0.1% lower. The Dow also lost 0.2%.
Meanwhile, the Nasdaq Composite gained 0.1% to squeeze out another record closing high.
The S&P 500 is up 1.8% so far this week and sits just 0.4% from an all-time high set last Tuesday,
Eli Lilly (LLY) shares surged 8.7% in the premarket after Lilly’s Alzheimer’s treatment received a “breakthrough therapy” designation from the FDA. The designation means the treatment may show substantial improvement over existing therapies and qualifying it for expedited development and approval.
KB Home (KBH) reported quarterly earnings of $1.50 per share, 18 cents a share above estimates. But the home builder’s revenue missed Wall Street forecasts. KB Home shares lost 4% premarket action.
MGM Resorts (MGM) was upgraded to “buy” from “hold” at Deutsche Bank, which said the hotel and casino operator is likely to exceed its targets for profit margin improvement. MGM shares rose 2.3% in premarket trading.
This wraps up today's stock market news.
If you enjoyed the "Stock Market Today" video, make sure to subscribe to this channel.
And for more stock market news, visit https://rockwelltrading.com.
#todaysstockmarket #stockmarkettoday #stockmarket
Here's what is happening in the markets today, Thursday, June 24th.
First, let’s take a look at yesterday first:
The S&P 500 snapped a two-day winning streak yesterday, closing the regular session 0.1% lower. The Dow also lost 0.2%.
Meanwhile, the Nasdaq Composite gained 0.1% to squeeze out another record closing high.
The S&P 500 is up 1.8% so far this week and sits just 0.4% from an all-time high set last Tuesday,
Eli Lilly (LLY) shares surged 8.7% in the premarket after Lilly’s Alzheimer’s treatment received a “breakthrough therapy” designation from the FDA. The designation means the treatment may show substantial improvement over existing therapies and qualifying it for expedited development and approval.
KB Home (KBH) reported quarterly earnings of $1.50 per share, 18 cents a share above estimates. But the home builder’s revenue missed Wall Street forecasts. KB Home shares lost 4% premarket action.
MGM Resorts (MGM) was upgraded to “buy” from “hold” at Deutsche Bank, which said the hotel and casino operator is likely to exceed its targets for profit margin improvement. MGM shares rose 2.3% in premarket trading.
This wraps up today's stock market news.
If you enjoyed the "Stock Market Today" video, make sure to subscribe to this channel.
And for more stock market news, visit https://rockwelltrading.com.
#todaysstockmarket #stockmarkettoday #stockmarket