Investing Club: Jim Cramer's top 10 things to watch in the stock market Friday: Stocks stumble, again
My top 10 things to watch Friday, Feb. 10 1. The hangover from market gains earlier this year and a realization that travel and leisure are the last remaining strengths of this economy are hitting stocks. Bond yields are up early Friday, so the Dow Jones Industrial Average , the S & P 500 and the Nasdaq are set to open lower. The Dow is on track for back-to-back weekly losses. The S & P 500 and Nasdaq are pacing to break multiweek winning streaks. 2. Expedia : Weak quarter.
Morgan Stanley downgrades Affirm to equal weight from overweight ; cuts price target to $15 per share from $46 in a catch-up call on the decimated buy now, pay later company. Pricing missteps and consumer behavior changes weighed on quarterly results and guidance. 8. Stifel upgrades VF Corp to buy from hold. Is the stock's six-session losing streak as of Thursday's close buyable? I say WHY? Better-than-expected quarter earlier this week. But big dividend cut.
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