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US stocks have long known that the three major stock indexes mostly closed down.









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发表于 2018-10-22 13:56:41 | 显示全部楼层 |阅读模式
US stocks mostly closed lower on Friday, as weak housing data offset the positive earnings of strong corporate earnings. The Dow Jones Industrial Average closed 64.89 points, or 0.26%, to 25,444.34. The S&P 500 index closed down 1 point or 0.04% to 27.6.78 points. The Nasdaq Composite Index closed down 36.11 points or 0.48% to 7449.03 points.
Over the week, the Dow rose 0.4%, the S&P 500 did not rise much, and the Nasdaq index closed down 0.6%.

US home sales in September fell the most in more than two years, despite the overall economic performance, but the property market performance is still struggling. Home sales have fallen for six consecutive months, and rising mortgage rates are expected to slow demand.

“The market is still worried about whether raising interest rates will weaken economic growth,” said Quincy Krosby, chief market strategist at Prudential.

Today's US stock company news summary
Mavericks electric landing on the Nasdaq

Procter & Gamble's strongest quarterly sales growth in five years Stock price rose 8.8%

Tesla bears warning that it faces significant supply chain risks

Analysis: The pain caused by the regulatory storm: New Oriental suffered a number of institutions to cut earnings expectations

Analysis: Common stock index ETFs that cannot be missed by US stock investors in the turbulent market

Latest stock rating
New Street Research first commented on American Super Micro (NASDAQ: AMD), giving a "sell" rating and a target price of $18. AMD fell 11.12% on Friday to $23.66.

Credit Suisse reiterated its “Outperform” rating for Alphabet (NASDAQ:GOOGL), which raised its target price from $1,375 to $1,500.

Nomura reiterated the “Buy” rating for American Express (NYSE: AXP) and raised the target share from $128 to $130. Morgan Stanley and Barclays will also raise their target price to $115. Boosted by earnings, American Express closed up 3.78% on Friday, at $106.73.

Wedbush Securities first rated Apple Inc. (NASDAQ: AAPL), giving a “outperform” rating and a target price of $310.

Stifel downgraded eBay's (NASDAQ:EBAY) rating from "buy" to "hold" and lowered its target price from $43 to $35. eBay fell 8.87% on Friday to $28.75.

Morgan Stanley downgraded Ford Motor Company (NYSE:F) from “overweight” to “holding aside” and lowered its target price from $14 to $10.

Wedbush first commented on Microsoft Corporation (NASDAQ: MSFT), giving a "outperform" rating and a target price of $140.

China stock company company details
Mavericks electric landing on the Nasdaq
On Friday, Dallas Electric (NASDAQ: NIU) officially landed on the US Nasdaq Stock Exchange under the symbol "NIU." The Mavericks electric IPO is priced at $9, at the low end of the previously announced $9-10 price. On the first day of listing, Mavericks' electric performance was poor, closing at $8.65, down 3.89% from the issue price. Maverick's electric prospectus shows that in 2016, the company's net loss was 230 million yuan, a figure slightly decreased to 180 million yuan in 2017, but in the first half of 2018, the net loss increased again to reach 310 million yuan. Renminbi.

US stock company news please
Procter & Gamble's strongest quarterly sales growth in five years Stock price rose 8.8%
Procter & Gamble (NYSE: PG) closed up 8.80% to $87.30. According to the earnings report released before the market on Friday, P&G recorded the strongest quarterly sales growth in five years, mainly driven by the growth of the beauty business. In the first quarter, P&G organic sales increased by 4%, of which beauty products increased by 7%. Procter & Gamble's profit for the quarter increased 12% to $3.2 billion, or 1.22 cents per share; net sales rose 0.2% to $16.69 billion. Procter & Gamble expects organic sales growth in FY 2019 to remain at 2% to 3%.

Tesla bears warning that it faces significant supply chain risks
Tesla (NASDAQ: TSLA) closed down 1.48% on Friday at $260.00. Tesla Bears, Safkhet Capital founder and chief investment officer Fahmi Quadir warned on Friday that Tesla is facing supply chain risks as some suppliers have not yet received receivables. Fahmi said, "We question Tesla's ability to deliver on customer promises in the event of a huge supply chain disruption. We see Tesla's few contingency plans and see supply chain executives in recent weeks. And resigned within a few months.” Tesla held $2.2 billion in cash as of the end of June, but its accounts payable exceeded $3 billion.


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