This is what you need to know to trade today, Friday, February 17:
Equity markets are on the defensive after the new data and hawkish comments from central banks on Thursday. Bond yields continued to rise and have already risen almost 50 basis points in the last two weeks. Little economic data has been released this Friday, but some Fed speakers will make an appearance. The hawkish rhetoric is likely to continue, meaning risk assets are likely to fall and the US dollar will remain supported ahead of the long weekend.
The Dollar Index rises to 104.40, Gold falls to $1,827 and Oil falls to $76.38.
markets europeans to the downside, CAC -0.2%, Dax -0.7%, FTSE -0.2% and Eurostoxx -0.7%.
US futures also down, Nasdaq -0.7%, Dow and S&P both -0.4%.
Featured Wall Street News
Deere (DE) raises its forecasts for 2023 seeing strong demand.
DraftKings (DKNG) gets good results.
DoorDash (DASH) up 5% on strong earnings.
Redfin (RDFN) down due to earnings forecasts.
Texas Roadhouse (TXRH) disappointed with earnings.
Applied Materials (AMAT) offers higher-than-expected earnings and solid forecasts.
The benefits of OK OK) they fall 30% due to the weakness of iron ore prices, although they exceed forecasts.
rises and falls
improvements
Friday, February 17, 2023
|
Coinbase Global |
COINS |
Reference point |
Neutral>>Buy |
$100 |
|
DraftKings |
DKNG |
BTIG Research |
Neutral>>Buy |
$24 |
|
TechnipFMC |
FTI |
Citigroup |
Neutral>>Buy |
$18 |
|
Cisco |
CSCO |
DZ Bank |
Portfolio Securities>>Buy |
$58 |
|
Health Services Group |
hcsg |
RBC Capital Mkts |
Perform>>Outperform |
$14>>$17 |
|
Roku |
ROKU |
BofA Stock Securities |
Low performance>>Buy |
$45>>$85 |
|
Virgin Galactic |
SPCE |
Wolfe Research |
Poor performance>>Share |
|
|
ZIM Integrated shipping |
zim |
JP Morgan |
Neutral>>Overweight |
$17.6>>$30.4 |
|
Kuehne & Nagel International |
KHNGY |
JP Morgan |
Neutral>>Overweight |
sales
Friday, February 17, 2023
|
COMPANY |
PRICE |
BROKERAGE COMPANY |
RATE CHANGE |
TARGET PRICE |
|---|---|---|---|---|
|
cohu |
COHU |
Craig Hallum |
Buy>>Keep |
|
|
PennyMac Mortgage |
PMT |
BTIG Research |
Buy>>Neutral |
|
|
CH Robinson |
CHRW |
JP Morgan |
Neutral>>Underweight |
$87 |
|
EPAM systems |
EPAM |
cowen |
Outperform>>Market Perform |
$390>>$370 |
|
Focus Finance |
FOCS |
oppenheimer |
Pass>>Perform |
|
|
Focus Finance |
FOCS |
Raymond James |
Pass>>Perform |
|
|
Generac |
GNRC |
Wells Fargo |
Overweight>>Equal |
$135 |
|
Canada Goose |
GOOS |
Evercore ISI |
Outperform>>Inline |
$25>>$20 |
|
InMode |
INMD |
needham |
Buy>>Keep |
|
|
toast |
TOAST |
SMBC Nikko |
Surplus>>Neutral |
$26>>$23 |
|
Securities in TuSimple portfolio |
TSP |
HSBC Stocks |
Buy>>Keep |
$15.9>>$2.2 |
Source: WSJ.com
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
