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Tuesday, November 01, 2022 8:07 AM EDT
The Week Ahead
Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and Chicago PMI, ISM Manufacturing Index, Construction Spending, ADP Employment Report, Factory Orders, ISM Non-Manufacturing Index and Nonfarm Payrolls. More...
Stocks Higher, FOMC Begins Two Day Meeting As President Biden Threatens Energy Companies
Overnight Summary: The S&P 500 closed Monday at 3871.98 (lower by -0.75%) from Friday at 3901.06 (higher by 2.46%). The overnight high of 3922 was hit at 6:40 a.m. EDT. The low was hit at 3879.75 at 4:05 p.m. EDT, a range of 43 points high to low which is just below the recent range of 45. At 7:25 a.m. EDT, the S&P 500 was up +33.25 points at 3916 which is +0.86%. More...
Today's Superstock Investor Stock Scorecard:
ABIOMED, Inc. (ABMD)
Johnson & Johnson (JNJ) is buying Abiomed (ABMD) for $380. A fair price or did they overpay? More...