Dow Jones today was up slightly along with the S&P 500 Index or the SPX. On the other hand, Nasdaq-100 and Russell 2000 both finished lower. The 10-Year Treasury Index was down over 2% along with the crypto product, bitcoin. U.S. Dollar and gold prices showed some strength. Next, Alex Coffey weighs in on Ross Stores (ROST) stock price being down over 22% and falling to a 2-year low after their earnings report was announced. Palo Alto Networks (PANW) stock price rallied after raising the annual guidance again. Also, Tesla (TSLA) stock price was down over 6% on the day. Finally, Coffey discusses next week’s upcoming earnings calls that include XPeng (XPEV), Zoom Video (ZM), Best Buy (BBY), Nvidia (NVDA), Snowflake (SNOW), Alibaba (BABA), Baidu (BIDU), and Costco (COST).
20 May 2022