TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks sold off aggressively on Monday, with the Nasdaq down 2% in a continued retracement of last week’s rally. Biotechnology stocks were among the day’s bigger winners, as financial continued to drag stocks lower.
The Dow ended the day down 239.61. The Nasdaq closed lower by 46.31. And the S&P 500 finished off 23.39
Here are 7 Stocks You Need to Know for Tuesday
Amgen
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PowerRating) reported earnings of $1.14 after the close today, handily beating analyst’s estimates for the quarter.
Among the bigger losers in the financial sector today was American International Group
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PowerRating), which lost more than 12% on the day.
US Steel
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PowerRating) is expected to report earnings per share of $3.91 tomorrow morning before the market opens.
Rising feed prices contributed to the earnings shortfall at Tyson Foods Inc.
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PowerRating), which reported a disappointing third quarter on Monday.
Reporting earnings tomorrow after the close, Electronic Arts
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PowerRating) is expected to announce a loss of $0.33 per share.
Wireless growing, landlines declining and lower than expected sales of high speed Internet to residential customers were all a part of the quarter Verizon
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PowerRating) reported today, in which the company beat earnings estimates by $0.02.
BP
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PowerRating), formerly known as British Petroleum, reports earnings tomorrow morning before the market opens. Analysts are expecting EPS of $2.69.
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