China lowered its 2019 growth forecast
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| | | 3/05/2019 | |
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| Stock Futures Inch Higher After Target Earnings | | By Patrick Martin | | Dow Jones Industrial Average (DJI) futures trading just above fair value this morning, as investors await fresh developments on the U.S.-China trade front. Over in China, though, the government cut its 2019 growth target to its lowest level in 30 years. Traders are also digesting a batch of retail earnings, with Target (TGT) emerging as a big winner thanks to fourth-quarter earnings and revenue beats -- driven by strong online and in-store sales. Continue reading for more on today's market, including: - Schaeffer's Senior V.P. of Research Todd Salamone on how the Fed's body language could fuel stocks.
- Options bulls have flocked to Alibaba stock.
- The sell signal flashing ahead of Urban Outfitters earnings.
- Plus, Icahn trims stake in Hertz; GameStop announces $300 million stock buyback; and Cowen bullish on Aurora Cannabis.
| | >> Continue reading... | |
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