Presidential candidates Donald Trump and Hillary Clinton held their third and final debate last week in Las Vegas. Once again, Trump attacked Clinton’s lack of productivity in Washington, and Clinton bashed Trump for his issues with bankruptcy.
The retail REIT Q3 earnings season kicks off on Tuesday, and shareholders are hoping for some strong numbers following a rough couple of months for REITs. Goldman Sachs analyst Andrew Rosivach said the firm will be watching re-leasing spreads and management commentary this quarter.
Time Warner Inc TWX 0.94% shares rallied 9.4 percent on Thursday and Friday of last week after AT&T Inc. T 0.03% announced an $85 billion buyout bid for the company. Despite the $110/share bid price and the late-week rally, Time Warner’s stock is trading around $87 in Tuesday’s session.
In recent weeks, a pair of NASDAQ-listed Chinese stocks received updates on their status with the exchange.
Investors in the Financial Select Sector SPDR Fund XLF 0.45% and financial stocks are getting a serious case of déjà vu. A recent Wall Street Journal poll of 59 economists found that more than 80 percent are expecting a modest rate hike in December.
T-Mobile US Inc TMUS 0.3% shares are up more than 8 percent Monday following a big earnings beat by the telecom giant.
Netflix, Inc. NFLX 0.08% shares are down 0.7 percent on Monday after the company announced a new $800 million offering of senior notes.
Twilio Inc TWLO 4.94% shares are now down 34.7 percent in the past month after skyrocketing more than 300 percent from their IPO price in a matter of months. One of the biggest bearish drivers in recent weeks has been the company’s 7 million-share secondary offering completed last week.
Most healthcare stocks have had a rough election season this year after Hillary Clinton made prescription drug prices a centerpiece of her campaign. In fact, the Health Care SPDR (ETF) XLV 2.17% is down 3.2 percent thus far in 2016.
With the 2016 presidential election now less than three weeks away, a number of traders are trying to determine who will win the election and which stocks could benefit.