News

Wall Street opens higher after selloff

Wall Street's main indexes jumped at the open on Tuesday, as investors turned their focus to corporate earnings after President Donald Trump's mounting criticism of Federal Reserve Chair Jerome Powell caused a sharp selloff in the previous session. The Dow Jones Industrial Average rose 345.8 points, or 0.91%, at the open to 38,516.23. The S&P 500 rose 49.5 points, or 0.96%, at the open to 5,207.67​, while the Nasdaq Composite rose 209.0 points, or 1.32%, to 16,079.94 at the opening bell.

3 Reasons RMAX is Risky and 1 Stock to Buy Instead

The past six months haven’t been great for RE/MAX. It just made a new 52-week low of $6.99, and shareholders have lost 42.9% of their capital. This was partly due to its softer quarterly results and might have investors contemplating their next move.

3 Reasons WNC is Risky and 1 Stock to Buy Instead

Shareholders of Wabash would probably like to forget the past six months even happened. The stock dropped 42.9% and now trades at $9.97. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.