TradingMarkets 7 Stocks You Need to Know for Wednesday
A small group of earnings announcements and the Producer Price Index is on the board for midweek. The Fed decided to keep interest rates near record lows triggering a stock market rally. The bulls were assisted by positive economic sentiment from the FOMC statement. On the international front, Greece will be provided aid from the European Union saving this troubled economy. Intel led the gainers in the Dow Industrials while Boeing was the biggest loser on the day. The DJIA advanced 43.83, the Nasdaq climbed 15.80 and the broad based S&P 500 added 8.95.
Here are 7 stocks you need to know for Wednesday.
Black Berry maker, ^RIMM^, reports on March 31 with a forecast EPS of $1.27.
81 cents is the expected after the bell EPS for ^GES^.
^IHR^ hopes its loss does not exceed 6 cents prior to the open.
^ACMR^ announces before the opening bell with a forecasted EPS loss of 21 cents.
Chatter hit the street about a possible take over of American motorcycle legend, ^HOG^.
^CVH^ was upgraded at Goldman Sachs as they readjusted all their health care ratings due to increase in the odds of Obama’s health reform measures passing.
The financial sector gained on the Fed’s rate decision with ^C^ closing above $4.00.
(Editors note: change made to RIMM earnings report date)