2 Reasons to Grab This Retailer

Retail is hot today, with UAA shares leading the SPX

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Midday Market Check
MIDDAY MARKET CHECK
 
 

5/17/2019

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Consumer Sentiment Turns the Table for Stocks

By Josh Selway
Share On

U.S. stocks have overcome early losses, with the Dow Jones Industrial Average (DJI) erasing a triple-digit decline thanks to another round of bullish economic data. Today it's consumer sentiment that's bringing buyers back to the table, with the University of Michigan index jumping to its highest point in 15 years in May. This update has helped the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) pare their losses, despite the latest batch of downbeat trade headlines this morning. The retail sector in particular is outperforming, with Under Armour (UAA) standing as the top SPX stock so far following an analyst upgrade. 

Continue reading for more on today's market, including: 
>> Continue reading...
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Surprising Law Offers "Consumer Bonus" to 121 Million Americans


In the new tax reform bill, Congress quietly gave 121 million eligible Americans the chance to collect on "consumer bonuses" that max out at $3,700 for some people. This is available every year until 2025. And there are no income requirements to collect.

Full details here...

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