Two Stocks Enjoying Their Upgrades Today

Investors are gearing up for the start of another earnings season

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Schaeffer's Market Recap
4/12/2021
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Stocks Move Lower, S&P 500 Snaps Win Streak


By: Laura McCandless

The Dow fell from last session's record high to finish the day 55 points lower. The S&P 500 and Nasdaq also closed in the red, with the former just barely snapping a three-day win streak despite nabbing a record intraday high. Investors await the start of a new earnings season and tomorrow's inflation data -- a key factor in the Fed's decision-making process regarding interest rates, though Fed Reserve Chairman Jerome Powell has made it clear that the Fed will likely keep its policy in place for a time despite economic recovery. Meanwhile, U.S. President Joe Biden is meeting with executives to discuss the semiconductor chip shortage, as well as lawmakers concerning his infrastructure plan. 

Continue reading for more on today's market, including:

  • Tinder parent sees bull note on growth potential. 
  • Chipotle stock climbed to fresh highs after upgrade. 
  • Plus, pot stock's report weighs on sector; analysts chime in on BABA; and HOFT's recent earnings history. 
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