We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Stock Market Roundup Dec. 6: CMG, TEVA, Oil Futures Fall
Read MoreHide Full Article
Although it was a relatively sound trading day overall, Tuesday was marred by nervousness and hesitation for some struggling companies, including Chipotle (CMG - Free Report) and Teva Pharmaceutical Industries (TEVA - Free Report) . Oil closed down the day 2% as traders grow increasingly cautious on OPEC’s ability to follow through on its production cut deal.
On Tuesday, shares of fast-casual burrito king Chipotle Mexican Grill got slammed, down almost 7% in late-morning trading on reports that the company is “nervous” about its downbeat sales guidance.
Tuesday’s oil trading seems to be a result of weary traders cashing in on recent gains ahead of the U.S. inventory data announcement and before OPEC can backpedal on its promise to slash output by more than 1 million barrels a day.
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' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.
Image: Bigstock
Stock Market Roundup Dec. 6: CMG, TEVA, Oil Futures Fall
Although it was a relatively sound trading day overall, Tuesday was marred by nervousness and hesitation for some struggling companies, including Chipotle (CMG - Free Report) and Teva Pharmaceutical Industries (TEVA - Free Report) . Oil closed down the day 2% as traders grow increasingly cautious on OPEC’s ability to follow through on its production cut deal.
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: Kemet Corp. (KMT - Free Report) +6.54%
Growth: Intralinks Holdings Inc. +16.37%
Momentum: Health Insurance Innovations Inc. +7.60%
VGM: Health Insurance Innovations
Income: Societe Generale SA (SCGLY - Free Report) +6.39%
Major Indexes
DOW: 19,251.79 / +35.54 / +0.18%
NASDAQ: 5,333.00 / +24.11 / +0.45%
S&P 500: 2,212.23 / +7.52 / +0.34%
Top Headlines
Here's Why Teva Pharmaceutical's Stock Is Down Today
Shares of Teva Pharmaceutical Industries slipped over 5.8% in morning trading Tuesday after the company announced a change in upper-level management.
Here's Why Chipotle is Getting Slammed Today
On Tuesday, shares of fast-casual burrito king Chipotle Mexican Grill got slammed, down almost 7% in late-morning trading on reports that the company is “nervous” about its downbeat sales guidance.
Here's Why Oil Prices Slipped Today
Tuesday’s oil trading seems to be a result of weary traders cashing in on recent gains ahead of the U.S. inventory data announcement and before OPEC can backpedal on its promise to slash output by more than 1 million barrels a day.
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 >>