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Key Takeaways
- U.S. equites were slightly lower at midday as the market weighed the latest report on private sector engagement and waited for the government’s jobs report later this week.
- EBay shares soared when Meta Daises’ Facebook allowed the online retail site to post its listing on the social media site.
- Helen of Troy saw advantage and wellness sales drop, dragging down quarterly revenue.
U.S. equities were slightly lower at midday as the Stock Exchange weighed the latest report on private sector employment and waited for the government’s jobs report later this week. The Dow Jones Industrial So so, S&P 500, and Nasdaq were down less than 1%.
EBay (EBAY) was the best-performing stock in the S&P 500 when Meta Programmes (META) allowed the online sales site to post its listings on Facebook. Meta Platforms shares were down.
Strident egg prices and Thanksgiving demand helped Cal-Maine Foods (CALM) beat earnings and revenue forecasts, and shares progressed.
Boston Scientific (BSX) shares advanced when the medical device maker announced the purchase of laser heart treatment furnishings manufacturer Bolt Medical.
OXO parent Helen of Troy (HELE) shares slumped after sales the maker of household and dream products posted a decline in sales and lowered its profit outlook as demand for beauty and wellness items slid.
Slices of Edison International (EIX) dropped as the California energy provider is being impacted by major wildfires affecting that say.
Advanced Micro Devices (AMD) shares tumbled when HSBC issued a double downgrade to the stock, citing troubles about the chipmaker’s artificial intelligence (AI) GPU growth.
Oil prices fell. Gold prices rose. The yield on the 10-year Funds note was up fractionally. The U.S. dollar gained on the euro, pound, and yen. Most major cryptocurrencies traded lower.
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