On CNBC’s "Halftime Report Final Trades," Liz Young of BNY Mellon Investment Management named Invesco DB US Dollar Index Bullish Fund (NYSE: UUP), saying that strength in the U.S
Good Morning Everyone!
Customers are setting banks on fire in Lebanon because they can’t get their money out.
Inflation is at +170%.
This is what a currency collapse looks like:
Wells Fargo boosted the price target for Deere & Company (NYSE: DE) from $485 to $510. Wells Fargo analyst Seth Weber maintained an Overweight rating on the stock. Deere shares fell 0.5% to $431.08 in pre-market trading.
The S&P 500 closed lower on Friday as investors monitored recent inflation reports.
US producer prices rose 0.7% month-over-month in January, while consumer prices in the US rose 0.5% month-over-month in January, the most in three months.
Goldman Sachs and Bank of America now expect three more rate increases this year, up from their prior forecast of two rate hikes.
Data from https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
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