It was a mixed day on the stock market as investors reacted to a new production cut agreement from several non-OPEC members that sent oil prices soaring, as well as statements from President-elect Trump that have caused diplomatic tensions between the U.S. and China.
Tech-focused investors were also surprised by the news that several of the sector’s top leaders are planning on meeting with the president-elect later this week.
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: Ocean Rig UDW Inc. - +19.37%
Growth: On Track Innovations (OTIV) - +4.59%
Momentum: OTIV
VGM: ORIG
Income: TransMontaigne Partners - +2.64%
Major Indexes
DOW: 19,772.63 / +15.78 / +0.08%
NASDAQ: 5,407.76 / -36.74 / -0.68%
S&P 500: 2,255.79 / -3.74 / -0.17%
Top Headlines
Top Tech Leaders to Meet Trump: 4 Stocks in Focus
Technology leaders are set to meet President-elect Donald Trump in a summit to be held on Wednesday. Per The Wall Street Journal, the small selective group is expected to include top-executives from Apple (AAPL - Free Report) , Alphabet (GOOGL - Free Report) , Amazon (AMZN - Free Report) , Cisco (CSCO - Free Report) , Facebook , IBM (IBM - Free Report) , Intel (INTC - Free Report) , Microsoft (MSFT - Free Report) and Oracle (ORCL - Free Report) , along with Tesla Motor’s (TSLA ) Elon Musk.
Could Donald Trump Send Chinese Stocks Crashing?
President-elect Donald Trump has targeted the "One China" policy, and the Chinese government has responded with a strong diplomatic protest. Could the dissolution of U.S. and Chinese diplomacy cause severe economic consequences for the Asian powerhouse?
Here's Why Oil Prices Are Soaring Today
Oil prices soared above $54 a barrel for the first time in nearly a year and a half Monday morning as several non-OPEC nations, including Russia, agreed to join the cartel in cutting their production next month.
Stocks that Aren't in the News. Yet.
You are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. Many of these companies are almost unheard of by the general public and just starting to get noticed by Wall Street. They have been pinpointed by the Zacks system that nearly tripled the market from 1988 through 2015 with a stellar average gain of +26% per year. See these high-potential stocks free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
It was a mixed day on the stock market as investors reacted to a new production cut agreement from several non-OPEC members that sent oil prices soaring, as well as statements from President-elect Trump that have caused diplomatic tensions between the U.S. and China.
Tech-focused investors were also surprised by the news that several of the sector’s top leaders are planning on meeting with the president-elect later this week.
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: Ocean Rig UDW Inc. - +19.37%
Growth: On Track Innovations (OTIV) - +4.59%
Momentum: OTIV
VGM: ORIG
Income: TransMontaigne Partners - +2.64%
Major Indexes
DOW: 19,772.63 / +15.78 / +0.08%
NASDAQ: 5,407.76 / -36.74 / -0.68%
S&P 500: 2,255.79 / -3.74 / -0.17%
Top Headlines
Top Tech Leaders to Meet Trump: 4 Stocks in Focus
Technology leaders are set to meet President-elect Donald Trump in a summit to be held on Wednesday. Per The Wall Street Journal, the small selective group is expected to include top-executives from Apple (AAPL - Free Report) , Alphabet (GOOGL - Free Report) , Amazon (AMZN - Free Report) , Cisco (CSCO - Free Report) , Facebook , IBM (IBM - Free Report) , Intel (INTC - Free Report) , Microsoft (MSFT - Free Report) and Oracle (ORCL - Free Report) , along with Tesla Motor’s (TSLA ) Elon Musk.
Could Donald Trump Send Chinese Stocks Crashing?
President-elect Donald Trump has targeted the "One China" policy, and the Chinese government has responded with a strong diplomatic protest. Could the dissolution of U.S. and Chinese diplomacy cause severe economic consequences for the Asian powerhouse?
Here's Why Oil Prices Are Soaring Today
Oil prices soared above $54 a barrel for the first time in nearly a year and a half Monday morning as several non-OPEC nations, including Russia, agreed to join the cartel in cutting their production next month.
Stocks that Aren't in the News. Yet.
You are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. Many of these companies are almost unheard of by the general public and just starting to get noticed by Wall Street. They have been pinpointed by the Zacks system that nearly tripled the market from 1988 through 2015 with a stellar average gain of +26% per year. See these high-potential stocks free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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