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Illustration of Michael George Haddad
Still climb. Inventories increase Thursday, with
Dow Jones Industrial Average
future and
S & P 500
futures contracts up 0.2%, while
Nasdaq Composite
climbed 0.5%.
Investors welcomed the decision of the European Central Bank to cut interest rates and put in place a package of stimulus for the purchase of bonds, as well as the delay by the White House for a new series of tariff increases.
Here are five actions in motion this morning:
Anheuser-Busch InBev
(BUD) rose 2.4% to $ 96.57 after reporting that it did not abandon its efforts for a possible initial public offering for its Asian operations.
Baker Hughes a GE company
(BHGE) is down 2.1% after General Electric (GE) announced its intention to reduce its stake in the energy company to 38.4%, from 50.4% to 38.4%.
caterpillar
(CAT) fell 0.7% to $ 132.16 after Wells Fargo demoted to Market Perform.
Oracle
(ORCL) fell 2.6% to $ 54.81 after telling investors to expect lower-than-expected earnings in the second quarter and said its chief executive would take a leave for health care .
Wynn Resorts
(WYNN) increased 1.5% to $ 115.99 following the announcement of its second quarter revenues and earnings before interest, taxes, depreciation, amortization and amortization.
Write to Teresa Rivas at [email protected]
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