Investor Optimism Declines After US Stocks Record Weekly Loss
Portfolio Pulse from Lisa Levin
US stocks closed lower last week, with the Nasdaq snapping an eight-week winning streak. The S&P 500 dropped about 1.4%, while the Dow Jones fell about 1.7%. CarMax (KMX) shares jumped 10% after better-than-expected Q1 results. Investors await Carnival (CCL) earnings results.
June 26, 2023 | 6:21 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
CarMax shares jumped 10% after reporting better-than-expected Q1 results.
CarMax's better-than-expected Q1 results led to a 10% increase in its share price, indicating a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from Carnival.
Carnival's earnings results are awaited by investors, and depending on the outcome, it could have a positive, negative, or neutral short-term impact on the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100