Stocks choppy as the tariff debate in Washington rages on. Plus, an Amazon exec tasked with integrating Whole Foods is out. Is all not well at the House of Bezos? And, Urban Outfitters earnings come out any minute. Plus, McDonald’s new burgers have been revealed, but Wall Street is getting indigestion from the fast-food chain’s latest plans. We explain. Catch The Final Round at 3:55 ET p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland.
Winners and losers
Stocks in the red include Ascena Retail Group as the Ann Taylor and Lane Bryant parent company came out with a bigger loss than expected; GlycoMimetics as the drug company’s new trial for its AML treatment likely will not guarantee quick FDA approval; and Target, with shares getting hit as the retailer reported an earnings miss and claims expenses like wage increases and other investments in workers hit profits.
Stocks in the green today include Mylan as Morgan Stanley upgraded it to Overweight, citing growth prospects; UPS as Stifel upgraded shares to Buy citing strength in the shipping industry; and Netflix, with shares getting a boost as Pivotal Research raised its price target to $400 from $300 after forecasting international subscribers to hit 250 million by 2024.
