Investor Fear Eases Amid Pullback In Treasury Yields
Portfolio Pulse from Lisa Levin
US stocks closed higher on Wednesday, with the Dow Jones index snapping a three-session losing streak as Treasury yields eased. RPM International Inc and Acuity Brands, Inc. saw shares gain over 6% and around 7% respectively following better-than-expected quarterly earnings. Investors are awaiting earnings results from Levi Strauss & Co., Conagra Brands, Inc. and Constellation Brands, Inc. The CNN Money Fear and Greed index remained in the 'Extreme Fear' zone.
October 05, 2023 | 9:04 am
News sentiment analysis
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POSITIVE IMPACT
Acuity Brands, Inc. shares gained around 7% following better-than-expected quarterly earnings.
Acuity Brands, Inc.'s better-than-expected quarterly earnings have positively impacted the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
RPM International Inc reported better-than-expected Q1 financial results, leading to a 6% increase in share price.
RPM International Inc's better-than-expected Q1 financial results have positively impacted the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from Conagra Brands, Inc.
The upcoming earnings results from Conagra Brands, Inc. could potentially impact the company's share price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from Levi Strauss & Co.
The upcoming earnings results from Levi Strauss & Co. could potentially impact the company's share price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from Constellation Brands, Inc.
The upcoming earnings results from Constellation Brands, Inc. could potentially impact the company's share price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80