TradingMarkets 7 Stocks You Need to Know for Wednesday
Strong early gains gave way to selling by midday as the Dow industrials, S&P 500 and Nasdaq all finished in the red on Tuesday.
The Dow lost 26.63. The Nasdaq Composite fell 18.28. And the S&P 500 ended the day lower by 5.25.
Here are 7 Stocks You Need to Know for Wednesday.
Home improvement retailers were among the stocks recording gains on Tuesday, with Home Depot
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PowerRating) gaining more than 4% intraday. Lowe’s
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PowerRating), which earned an upgrade from “neutral” to “buy” from a Goldman Sachs analyst, was up more than 6%.
The sell-off in gold stocks continues, with shares of Freeport McMoran Copper & Gold
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PowerRating) down more than 6% on Tuesday/
Also lower by large margins were energy stocks such as U.S. coal king, Massey Energy
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PowerRating), which lost more than 9% in a deep pullback that brings the stock to within 10 points of its 200-day moving average.
The biggest gainer in the Dow industrials was General Motors
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PowerRating) which was up more than 6% late in trading on Tuesday.
Staples
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PowerRating) reports quarterly earnings Wednesday before the market opens. Analysts are expecting EPS of $0.21.
Google
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PowerRating) unveiled its new Internet browser, Chrome, on Tuesday. The browser is available as a free download from the Google homepage.
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