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Stock Indexes Consolidate Below Last Week's Record Highs
['Mon', 'Sep', 'Min Read']
Yahoo Finance
Also, the Aug core PCE price index, the Fed's preferred inflation gauge, is expected to rise by +0.3% m/m and +2.7% y/y.
Stock indexes are lower today as they consolidate last week's rally that pushed the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 to new record highs.
FactSet Research Systems (FDS) is up more than +4% after UBS upgraded the stock to buy from neutral with a price target of $425.
Applied Materials (AMAT) is up more than +3% after Morgan Stanley upgraded the stock to overweight from equal weight with a price target of $209.
Helmerich & Payne (HP) is up more than +1% after Barclays upgraded the stock to overweight from equal weight with a price target of $25.
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