TradingMarkets 7 Stocks You Need to Know for Wednesday
Midweek brings investors the Consumer Credit figures and a solid slate of diversified earnings reports. The hotly anticipated FOMC minutes release led to a rally in the majority of stocks today. However, the market closed mixed with the DJIA being the laggard on the session. Bullish word that the Fed has no immediate plans to up the interest rate solidified the bulls’ position. However, the Fed did express concern over the employment situation and the potential creation of another bubble economy via debt. Led lower by Travelers, the DJIA gave back 3.56, the tech heavy Nasdaq gained 7.28, and the broad based S&P 500 added 1.99.
Here are 7 stocks you need to know for Wednesday.
$1.73/share is the forecast number for ^MON^ before trading starts.
^FDO^ has traders awaiting an EPS of 78 cents prior to the open.
Household retailing heavy weight, ^BBBY^ reports after the close with an expected EPS of 73 cents.
Restaurant chain, ^RT^, has analysts forecasting 23 cents/share after the bell.
^WDFC^ announces after the close with an estimated EPS of 38 cents.
^STI^ may be in play as a takeover target per sources at Credit Suisse.
A horrific coal mining explosion in West Virginia sent owner ^MEE^ sharply lower on the session.