澳洲幸运5开奖号码历史查询

S&P 500 Gains and Losses Today: Cisco Systems Sinks as Orders Slow

S&P 500 Gains & Losses 11/16/2023

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Key Takeaways

  • The S&P 500 advanced for a third-straight session as the index ticked 0.1% higher on Thursday, Nov. 16 2023, following a mix of analyst ratings upgrades and warnings about customer spending from several big firms.
  • Intel shares rose as Wedbush upgraded the stock and boosted its price target.
  • Walmart said shoppers were pulling back on spending heading into the key holiday shopping season, and shares dropped.

The rally for the S&P 500 continued into a third day as theღ index ticked 0.1♕% higher following a mix of analyst ratings upgrades and warnings about customer spending from several big firms. The Nasdaq also gained, but the Dow slipped.

Intel (INTC) led gains on the S&P 500 as shares jumped 6.7% afte♍r Wedbush upgraded the stock and raised the price target, citing the largest chipmaker’s third-party manufacturing business and new products set to come out.

Home generators maker Generac Holdings (GNRC) benefitted f💟rom an upgrade and higher price target from Bank of America, which pointed to its inventory reductions. Shares of Generac added 2.4% following the news.

Bank of America also initiated coverage of Gen Digital (GEN) 𝔍with a buy rating, and shares of the cybersecurity firm rose 3.2%.𓄧 

Cisco Systems (CSCO) shares plunged 9.8%, leading losses on the index after the biggest maker of computer networking equipment 澳洲幸运5开奖号码历史查询:slashed its guidance, saying customers were pulling back on pla💦cing orders.

Walmart (WMT) shares sank 8.1% as the biggest 澳洲幸运5开奖号码历史查询:brick-and-mortar retailer warned that it saw consumer spendiඣng slowing down just ahead of the key holiday shopping season.

Palo Alto Networks (PANW) shares slumped 5.4% after the cybersecurity provider’s 2024 first quarter billings and projected second quarter billings were 澳洲幸运5开奖号码历史查询:lower than anticipated as businesses limited their IT purchases.

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