Advertisement
Canada markets close in 1 hour 43 minutes

  • S&P/TSX

    21,981.77
    +96.39 (+0.44%)
     

  • S&P 500

    5,109.07
    +60.65 (+1.20%)
     

  • DOW

    38,310.52
    +224.72 (+0.59%)
     

  • CAD/USD

    0.7320
    -0.0003 (-0.04%)
     

  • CRUDE OIL

    83.90
    +0.33 (+0.39%)
     

  • Bitcoin CAD

    87,542.95
    -907.23 (-1.03%)
     

  • CMC Crypto 200

    1,332.07
    -64.46 (-4.62%)
     

  • GOLD FUTURES

    2,349.90
    +7.40 (+0.32%)
     

  • RUSSELL 2000

    2,003.61
    +22.50 (+1.14%)
     

  • 10-Yr Bond

    4.6750
    -0.0310 (-0.66%)
     

  • NASDAQ

    15,941.30
    +329.54 (+2.11%)
     

  • VOLATILITY

    15.09
    -0.28 (-1.82%)
     

  • FTSE

    8,139.83
    +60.97 (+0.75%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6838
    +0.0017 (+0.25%)
     
MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Latest stubborn U.S. inflation reading will bring about more 'wait and see' from the Fed

Wall Street Fundamentals Releases New In-Depth Stock Reports on BBY, CTL, MDLZ and MMM

ACCESSWIRE

U.S. markets gained for the fourth consecutive session Wednesday after payroll processer ADP provided encouraging employment numbers. The S&P 500 Index again closed at a record high of 1890.90, the eight time this year, while the Dow Jones gained 0.24 percent to close at 16,573. On Wednesday, ADP reported private employers added 191,000 jobs in March, and revised February's total to 153,000 from 139,000. "Today's ADP numbers should be taken not in isolation but as a part March data package—together with the ISM and jobless claims figures, they indicate a nice progression growing at moderate rate," said Jim Russell, senior equity strategist for US Bank Wealth Management. Here is how some S&P 500 companies reacted Wednesday:

Best Buy Co., Inc. (NYSE:BBY - News) shares traded in the range of $26.30 to $27.11 Wednesday before settling to close at $26.80, an increase of 1.59 percent. The stock appears to be facing some resistance at the $30.75 and $36.17 levels with some support at $26.79 and $25.37. Shares of Best Buy are down approximately 33.0 percent year-to-date.

More information on Best Buy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BBY

CenturyLink, Inc. (NYSE:CTL - News) shares traded in the range of $32.97 to $33.34 Wednesday before settling to close at $33.18, an increase of 0.30 percent. The stock appears to be facing some resistance at the $33.34 and $33.89 levels with some support at $32.77 and $32.27. Shares of CenturyLink are up approximately 4.0 percent year-to-date.

ADVERTISEMENT

More information on CenturyLink and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CTL

Mondelez International Inc. (NASDAQ:MDLZ - News) shares traded in the range of $34.73 to $35.14 Wednesday before settling to close at $34.92, an increase of 0.29 percent. The stock appears to be facing some resistance at the $34.95 and $35.12 levels with some support at $34.67 and $34.23. Shares of Mondelez International have fallen approximately 1.0 percent year-to-date.

More information on Mondelez International and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MDLZ

3M Co. (NYSE:MMM - News) shares traded in the range of $135.33 to $136.25 Wednesday before settling to close at $136.00, a decrease of 0.39 percent. The stock appears to be facing some resistance at the $138.45 and $140.25 levels with some support at $135.47 and $134.78. Shares of 3M have fallen approximately 3.0 percent year-to-date.

More information on 3M and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MMM

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com