Stocks struggle for gains as retail leads the way. Can the bulls sustain the momentum into the long weekend?
Catch The Final Round at 4 p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland. Stocks sliding into the red today include casual apparel retailer Genesco as it disappointed on both its top and bottom lines as well as same-store sales, government services provider Maximus on a downgrade at KeyBanc, and Hormel Foods. Meanwhile, stocks ending the day in the green include Aerie Pharma on positive late-stage trial results for its glaucoma eye drops, data provider IHS Markit moving up on news that it’s set to join the S&P 500, and Best Buy.
In late April and early May the charts and technical indicators pointed to higher stock prices in May. It has been a good month especially for tech stocks So what are the charts now saying about June?