Barron’s Roundtable panelists discuss the market impact of the CNN presidential debate, the upcoming June jobs report, and the decline of green energy stocks.
Investors continue to digest the Trump-Biden dispute as the future of the White House hangs in the balance.
The stock market ended a mixed quarter, but big tech stocks continue to win.
New data on inflation and home prices are the latest drivers for the U.S. economy.
Nike’s troubling warning sparked an investor backlash.
Walgreens joins other retailers in closing stores across the country.
A surge in demand for weight loss drugs has prompted Novo Nordisk to build a new factory.
Debate Fireworks: President Joe Biden and former President Donald Trump went head-to-head in their first debate, opening with the topic of inflation…Read more here. Still, Biden’s subpar performance has led to calls for him to resign.…Read more here.
video: Former Trump adviser Larry Kudlow gave the former president high praise after the debate.
Stocks win: U.S. stocks ended a strong month and quarter with the Nasdaq Composite up more than 8% in the second quarter, the S&P up 4% and the Dow Jones Industrial Average down more than 1%.…Learn more about the market.
ETF Report: Insights you need to know
video: Why investors keep raising price targets for the S&P 500.
Live cryptocurrency prices: HERE
Economic Check: The Fed’s preferred inflation measure remains high Read more here. Meanwhile, the U.S. housing market is booming like never before… Read more here.
video: When will the Federal Reserve cut interest rates?
correct answer: Investors blamed the shoe giant Nike for lowering its 2025 outlook, citing weak sales, even as CEO John Donahue tried to reassure investors. “FY25 will be a transitional year for our business, but we continue to make steady progress toward a recovery,” he said in the company’s earnings call. Still, the company’s shares suffered their worst ever decline…Learn more about Nike’s stock price decline.
Walgreens’ woes: The pharmacy chain, along with Rite Aid, plans to close a “significant number” of stores in the U.S….Read moreClick here for details Rite Aid issues.
video: Why are so many retail stores closing?
Fat Demand: Consumers are clamoring for the weight-loss drugs Wegovi and Ozempic, forcing their manufacturers to build a new $4.1 billion factory in the United States..…Read more here.
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