Roku Rocked by Sell Rating

The White House ordered sanctions against the Central Bank of Iran

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MIDDAY MARKET CHECK     9/20/2019
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Stocks Mixed as Trump Talks Trade Progress By Patrick Martin Share On The Dow Jones Industrial Average (DJI) is slightly higher at midday, propped up by encouraging U.S.-China trade rhetoric. In addition to releasing a list of exempted Chinese goods, President Donald Trump told reporters that the U.S. is "making a lot of progress" on a trade deal -- with these moves suggesting to some that the administration is attempting to mitigate the ill effects of tariffs on the economy. Elsewhere, investors are digesting news that the White House ordered sanctions on Iran's central bank and sovereign wealth fund following last weekend's Aramco strikes, with Treasury Secretary Steven Mnuchin writing, "Iran’s brazen attack against Saudi Arabia is unacceptable" in a statement. Iran has denied responsibility for the strikes.  Continue reading for more on today's market, including: 2 energy stocks making volatile moves. One analyst thinks Roku stock is still overvalued. Plus, options traders react to XLNX C-suite news; PCG sinks on reorganization plans; and L Brands stock resumes its strong September. >> Continue reading...
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