Stock market volatility remains the theme as indexes are little changed from where they started the week with not much NEW news or data to help guide direction. Bulls seem to be comfortable ahead of the U.S. Federal Reserve’s upcoming policy meeting next week on Tuesday and Wednesday, September 21-22.
First, we’re seeing some selling in U.S. indices to begin the week, and while we’re still just off all-time highs in the S&P 500, the Nasdaq, and in the Dow, the swiftness of the move lower through 35K last week and now to below 34K ahead of the cash open is attracting some attention.
Shares of General Mills (NYSE:GIS) decreased by 2.89% in the past three months. Before we understand the importance of debt, let us look at how much debt General Mills has.
General Mills updated its full-year fiscal 2022 targets, taking into consideration the evolving operating environment as well as the recent completion of its pet treats acquisition:
Organic net sales are now