Skip to main content

Mixed close after Beige Book report

The Federal Reserve's Beige Book reported that the nation's economy continued to grow but widespread concern has been raised about proposed tariffs. The markets closed mixed with the Dow losing 38 points to 24,748 while Nasdaq rose 14 points to 7295.


On the upside


SunPower (Nasdaq: SPWR) will acquire rival SolarWorld Americas to avoid solar panel tariffs.


Scientific Games (Nasdaq: SGMS) launched an online sports betting platform in Hungary.


SunTrust Banks established a price target of $25.00 on Carrizo Oil & Gas (Nasdaq: CRZO).

On the downside


Shares of streaming platform Roku (Nasdaq: ROKU) plunged after Best Buy (NYSE: BBY) announced an exclusive partnership to sell Amazon (Nasdaq: AMZN) Fire smart TV products.


Fred's (Nasdaq: FRED) delayed the release of its fourth quarter and full year earnings report.


Dynagas LNG Partners (NYSE: DLNG) reduced its quarterly distribution from $0.4225 per common unit to $0.25 per common unit.


In the broad market, advancing issues outpaced decliners by a margin of 5 to 4 on the NYSE and by nearly 6 to 5 on Nasdaq. The broader S&P 500 added 2 points to 2,708. Bitcoin jumped $292 to $8,200.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.