Why This Weed Stock Plunged 22%

A rare "sell" rating for Apple dragged the major markets lower

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MARKET RECAP     7/08/2019
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Stocks Start the Week at a Loss By Karee Venema Share On The Dow kicked off the first full trading week of July on a down note, with the blue-chip index dragged to a triple-digit loss after Apple (AAPL) stock sold off on a rare "sell" rating. Easing expectations for an aggressive rate cut from the Fed only added pressure ahead of this week's congressional testimony from Fed Chair Jerome Powell and a pair of inflation updates that are due out. The S&P and Nasdaq closed lower, too, with all three indexes logging back-to-back losses. Continue reading for more on today's market, including: Why this weed stock plunged 22%. Analysts: 3 tech stocks to drop now. Roku options traders are betting on a triple-digit breakout. Plus, the Chinese stock that sold off; United Foods flashes reliable bear signal; and analysts chimed in on 2 small bank stocks. >> Continue reading...
LATEST HEADLINES
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