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Stock Market Roundup, March 6: Indexes Fight To Close Higher

Published 03/06/2018, 05:04 AM
Updated 07/09/2023, 06:31 AM
US500
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DJI
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AA
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AMZN
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LRCX
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WMT
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TGT
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X
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APEI
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ESIO
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XMEh
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VVX
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Stocks battled to stay in the green throughout the day, with major U.S. indexes eventually closing marginally higher amid ongoing debates over President Trump’s proposed tariffs. Many notable companies remain near their all-time highs, but macroeconomic concerns continue to dominate investor attention this week.

Zacks Rank #1 (Strong Buy) Top Movers

Value: Vectrus (NYSE:VEC) - +10.4%

Growth: Electro Scientific Industries (NASDAQ:ESIO) - +3.9%

Momentum: American Public Education (NASDAQ:APEI) - +13.4%

VGM: VEC

Income: Lam Research (NYSE:X) - +4.7%

Major Indexes

Dow: 24,884.19 / 9.43 / +0.04%

Nasdaq: 7,372.01 / 41.30 / 0.56%

S&P 500: 2,727.37 / 6.43 / 0.24%

Top Headlines

Have Reports on the Death of Low Inflation Been Greatly Exaggerated?

Stock markets were shaken by the U.S. Labor Department’s report of rising wages at the beginning of February. Market participants seemed to view this as a clear sign of inflationary pressures. Our chief strategist John Blank debates whether this commotion was actually justified.

Trump Tariff Update: Stocks Swing, GOP & Industry Speak Out

Continued uncertainty surrounding President Donald Trump's proposed tariffs caused U.S. steel and aluminum stocks and funds—including U.S. Steel (NYSE:X) , Alcoa (NYSE:AA) , and the S&P Metals and Mining ETF (BE:XME) —to fluctuate on Tuesday.

Target vs. Walmart (NYSE:WMT): Which Earnings Report Was Better?

Shares of Target (NYSE:TGT) slipped over 5% on Tuesday morning after the company reported fourth-quarter earnings that fell short of analyst expectations, with growth initiatives placing a significant strain on its bottom line.

Want more market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!

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Wall Street’s Next Amazon (NASDAQ:AMZN)

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>



Vectrus, Inc. (VEC): Free Stock Analysis Report

American Public Education, Inc. (APEI): Free Stock Analysis Report

SPDR-SP MET&MIN (XME): ETF Research Reports

Electro Scientific Industries, Inc. (ESIO): Free Stock Analysis Report

Alcoa Corp. (AA): Free Stock Analysis Report

Target Corporation (TGT): Free Stock Analysis Report

United States Steel Corporation (X): Free Stock Analysis Report

Lam Research Corporation (NASDAQ:LRCX

Original post

Zacks Investment Research

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