Credit: Shutterstock photoAfter an up-and-down trading day witnessed stocks close lower on Wednesday, investors on Thursday managed to generated a strong enough afternoon rally to lift indexes into the green-despite more confusing trade rhetoric from President Trump, who now says Canada and Mexico could avoid his proposed steel and aluminum tariffs by agreeing to "new and fair" NAFTA trading rules.
Zacks Rank #1 (Strong Buy) Top Movers
Value: Veritiv Corporation VRTV - +3.8%
Growth: Kulicke and Soffa Industries KLIC - +5.5%
Momentum: Weight Watchers WTW - +7.5%
VGM: KLIC
Income: The RMR Group RMR - +7.7%
Major Indexes
Dow: 24,859.54 / +58.18 / +0.23%
Nasdaq: 7,427.95 / +31.30 +0.42%
S&P 500: 2,738.97 / +12.17 / +0.45%
Top Headlines
Trump Tariffs: ETF Winners & Losers
More details about Trump's tariffs are still expected, but political leaders Europe, Canada and China have already threatened retaliation, and steel users have already been sent lower. Zacks ETF strategist Neena Mishra takes a look at a few ETFs that stand to win and lose.
Kroger Extends Disappointing Week for Retail Sector Earnings Reports
Shares of Kroger KR were down nearly 10% in early morning trading Thursday after the grocery giant's fourth-quarter earnings disappointed investors. As a result, Kroger added its name to the list of sluggish reports from the retail space this week, creating fresh volatility and caution in the evolving sector.
Why Did Netflix Stock Dip on Thursday?
Shares of Netflix NFLX sunk over 1.7% on Thursday morning, bringing the stock just below the all-time highs it had been trading at this week.
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The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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Kulicke and Soffa Industries, Inc. (KLIC): Free Stock Analysis Report
Netflix, Inc. (NFLX): Free Stock Analysis Report
Veritiv Corporation (VRTV): Free Stock Analysis Report
The RMR Group Inc. (RMR): Free Stock Analysis Report
Kroger Company (The) (KR): Free Stock Analysis Report
Weight Watchers International Inc (WTW): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
