Another sign of weakening the economy worries investors

0
7
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The index S & amp 500, up by more than 0.5% this morning, closed the day down 0.39%, while the Dow and Nasdaq Composite indices fell by 0.79% and 023% respectively. Entrepreneur Index ™ data-reactid = "22"> The S & P 500 index, up more than half a percent this morning, closed the day down 0.39%, while the Dow indexes and Nasdaq Composite fell 0.79% and 023 Entrepreneur Index ™ closed the day down 0.17%.

Construction spending in December was down 0.6%, according to data released this morning by the Commerce Department. Consensus estimates were for an increase of 0.2%. The data point is only the last indicator of the slower than expected slowdown in the US economy. The weak numbers overshadowed early morning optimism on trade talks between the United States and China. The two sides would discuss a possible month-end meeting between President Trump and President Xi Jinping to sign an agreement.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Retailers Gap Inc. and Bed Bath & amp; Beyond had the two largest declines in the Entrepreneur ™ Index today. Gap shares lost 6.0% after climbing more than 16% on Friday. The company announced weak financial results after market close on Thursday but also announced plans to split its Old Navy brand from Gap and Banana Republic, resulting in higher share prices. Investors now seem to doubt that Gap coins are worth more than anything. "Data-reactid =" 24 "> Gap Retailers Inc. and Bed Bath & Beyond Record the Two Most Significant Decline in the Entrepreneur Index ™ Index: The Company Announced Low Financial Results After Market Closing Thursday, but also announced a plan to split its Old Navy brand of Gap and Banana Republic, resulting in a rise in shares.Investors now seem to doubt that Gap coins are worth much more than anything.

Bed Bath and Beyond, meanwhile, has been criticized by Barclays analysts, who downgraded the stock underweight and set a price target of $ 13 per share. The stock is currently trading at $ 15.80, down 5.33% on the day. Analysts have expressed disappointment at the results of the company's recovery efforts. The stock has increased 39.6% this year, but remains down 27.6% in the last twelve months.

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Investor sentiment turned to vinegar You're here. Growing concern over the exodus of senior executives in the past two years and concern over the automaker's ability to increase vehicle production profitably has hurt equity prices. lately. The current war powered by Twitter between the CEO Elon Musk and the SEC did not help either. The stock has fallen 3.2% today and is down nearly 25% since mid-December. "Data-reactid =" 26 "> The sentiment of investors has deteriorated significantly with regard to Tesla.The growing concern about the exodus of senior executives of the company in the Concerns about the automaker's ability to increase vehicle production have recently weighed on stock prices.The ongoing Twitter war between CEO Elon Musk and the SEC has not helped either. fell 3.2% today and is down nearly 25% since mid-December.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "TSLA Quotes by TradingView "data-reactid =" 28 "> TSLA Quotes by TradingView

<p class = "canvas-atom text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The Technology area was volatile today. Facebook recorded the largest increase in the sector and the Entrepreneur Index ™ index, up 3.14%. Software manufacturer salesforce.com, which released results after the market closed, recorded the largest decline, down 3.66%. It was down in trade after hours. Other losses in the sector today include Adobe Systems Inc. (-2.22%), Verisign & nbsp; (- 2.04%) & nbsp; and Netflix& nbsp; (- 1.76%). "data-reactid =" 29 "> The technology sector was unstable today, with Facebook posting the strongest growth in the sector and the Entrepreneur Index ™ (+ 3.14%). .com, After closing the market, profits fell the most, at 3.66%, and again after trading hours, with Adobe Systems Inc. (-2.22%), Verisign (-2, 04%) also recorded losses and Netflix (-1.76%).

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "D.R. Horton Inc. recorded the second-largest gain in the Entrepreneur Index ™ index today, up 3.12%. Shares of the country's largest home builder have been volatile over the last six months as falling home sales and housing starts have upset the real estate market. Shares have risen 15.4% so far this year, but are still down 14% since the end of August. "Data-reactid =" 30 "> DR Horton Inc. recorded the second-largest gain in the Entrepreneur Index ™ index, up 3.12% .The country's homebuilders have been volatile over the past year. over the past six months, as declining housing sales and housing starts have shaken the real estate market: equities have risen 15.4% since the beginning of the year, but are still down 14 % since the end of August.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The optimism of the commercial discussions allowed to gain share Brown-Forman Corp. The stock was up 2.31% today as negotiations between China and the United States for a trade agreement continue to progress. The manufacturer of Jack Daniels is one of the main goals of US companies in terms of retaliatory tariffs in commercial disputes. "Data-reactid =" 31 "> The optimism of the trade talks has helped drive up the shares of Brown-Forman Corp. The United States is on the way to a trade agreement that continues to advance Jack Daniels' maker is one of the favorite targets of US companies in terms of retaliatory tariffs in trade disputes.

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Among the other gains recorded today by Entrepreneur Index ™, let's mention REIT SL Green Realty Corp. (1.45 percent), a pest control company Rollins Inc. (1.31 percent) and Chipotle Mexican Grill& nbsp; (1.18%). "data-reactid =" 32 "> Other Entrepreneur Index ™ gains today include REIT SL Green Realty Corp. (1.45%), Rollins Inc. (1.31%) ) and Chipotle Mexican Grill (1.18 percent).

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The & nbsp;Entrepreneur Index ™& nbsp; brings together the 60 largest listed companies created and managed by entrepreneurs. The entrepreneurial spirit is a valuable asset for any business. This index recognizes its importance, regardless of the growth of the company. These challenging businesses can be followed in real time on & nbsp;Entrepreneur.com."data-reactid =" 33 ">Entrepreneur Index ™ brings together the top 60 listed companies created and managed by entrepreneurs. The entrepreneurial spirit is a valuable asset for any business. This index recognizes its importance, regardless of the growth of the company. These inspiring companies can be followed in real time on Entrepreneur.com.