LW - 2 Stocks Rising on Strong Business Performance
2023-04-06 09:32:46 ET
The stock market has done a good job so far of holding onto its first-quarter gains during the initial week of April, with only minimal declines after a strong start to the year. However, Wall Street seems to be having some trouble keeping up its momentum. On Thursday morning, stock index futures were down slightly, with the Nasdaq Composite leading the way lower with losses of about a third of a percent.
Some investors are waiting for the beginning of earnings season to get a read on how businesses are performing in the challenging macroeconomic environment facing them right now. However, even though the official start of earnings season isn't until next week, a pair of stocks released results that sent their shares moving higher. Below, you'll see how Lamb Weston (NYSE: LW) and Constellation Brands (NYSE: STZ) are faring under current conditions in the economy.
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2 Stocks Rising on Strong Business Performance