KSS - 2 Stocks to Watch Early Monday
Stocks have been down for three straight weeks so far in 2022, but Monday didn't make it look as though the fourth week would get off to any better of a start. Investors remain concerned about all the factors that have weighed on sentiment lately, including the ongoing pandemic, the potential for geopolitical conflict in Ukraine, and inflationary pressures and their impact on monetary policy. As of 8:15 a.m. ET, Dow Jones Industrial Average (DJINDICES: ^DJI) futures were down 159 points to 33,998. S&P 500 (SNPINDEX: ^GSPC) futures had dropped 34 points to 4,357, while Nasdaq Composite (NASDAQINDEX: ^IXIC) futures had declined 175 points to 14,251.
Among stocks trading in the premarket session Monday morning, Kohl's (NYSE: KSS) stood out for its big gains as the story of the department store retailer got a lot more interesting. Meanwhile, Halliburton (NYSE: HAL) reported earnings that gave a hint as to conditions in the oil patch, and even though its stock didn't make a huge move, the report bodes well for how the industry is adjusting to oil's higher prices.
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2 Stocks to Watch Early Monday