Yahoo Finance Stocks fight for gains as China spooks bond market
Stocks are trying to fight for gains as the first down day for all major indices could be upon us. Plus, China is souring on US debt. Is it just a ploy by the superpower to rattle our markets? And Buffett weighs in on bitcoin—and the Oracle of Omaha doesn’t like what he sees. Plus, Todd Harrison is here to talk about the next big trend in investing, which targets health care. Catch The Final Round at 3:55 ET p.m. with Jen Rogers and Yahoo Finance Editor-in-Chief Andy Serwer.
Winners and losers
Stocks in the red include Signet as the Zales and Kay parent reported disappointing holiday sales; Hershey as Morgan Stanley downgrades shares to Underweight, citing an ‘unsustainable’ valuation; and Domino’s Pizza, which announced CEO Patrick Doyle will leave in June after 8 years at the helm; international president Richard Allison will take his place.
Stocks in the green include Intuitive Surgical as the robotic surgical company reported preliminary fourth quarter revenue that topped estimates; Workday as Morgan Stanley upgraded the HR management software firm to Overweight citing margin growth; and Nordstrom, with shares pulling higher as the retailer reported holiday sales were up 2.5%, powered by its discount ‘Rack’ division.
