What the Club is watching Monday, Sept. 26, 2022 U.S. stock futures point to a lower open to start the week. U.S. Treasury yields continue to rise, the dollar strengthens as the British pound falling to a record low early Monday morning. The 2-year yield around 4.3%. September has historically been the worst month of the year for stocks, and it's certainly been a terrible month so far, with the Dow down 6%, the S & P 500 down 6.6% and the Nasdaq down 8%.
Evercore reiterates outperform rating on Club holding Disney , says the ad supported tier for Disney+ should be accretive to average revenue per user based on their survey work. Jefferies downgrades Anheuser-Busch InBev to hold from buy. The Club prefers Constellation Brands , with its recession-resistant qualities and its unique Mexican beers including Corona. Raymond James upgrades Planet Fitness to strong buy from market perform . UBS downgrades Lyft to neutral .
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