Thursday Pre-Market Look: Stocks In The News Before The Open

Thursday Pre-Market Look: Stocks In The News Before The Open

Home Depot (HD) was upgraded to ‘Overweight’ from ‘Equalweight’ at Morgan Stanley with a price target of $165. NVIDIA (NVDA) fell 3% in after-hours trading after it was downgraded to ‘Reduce’ from ‘Buy’ at Nomura Instinet. Hormel (HRL)– The maker of Spam, Dinty Moore, and other food brands fell a penny short of estimates with…

Wednesday’s Closing Look
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Wednesday’s Closing Look

Stocks were relatively quiet on Wednesday as investors digested the recent and very strong rally. The Fed Minutes hinted that more rate hikes may be on the horizon, especially if Trump’s policies do indeed spur economic growth. In economic news, weekly mortgage applications slid by 2% amid tepid refinancing levels. A separate report showed that…