Stocks Claw Thier Way Back to Break-Even
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Price: $344.10 -1.04%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.6%
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Markets strengthened Tuesday afternoon, paring a decline to trade at or slightly below break-even. Energy and precious metals outperformed for most of the session, while high beta areas like tech and biotech made the largest comebacks, with companies like Apple (Nasdaq: AAPL) and Gilead Sciences Inc. (Nasdaq: GILD) eventually entering positive territory. Early declines were loosely tied to a run-up in bond yields.
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