VIVO - Hot Stocks: Copper stocks fall; LZB rises on earnings; MO KSS drop; VIVO sets 52-week high
Wall Street ended an uncertain session with mild losses on Wednesday. The lack of direction came as investors digested new commentary from Federal Reserve Chairman Jerome Powell. While the stock market finished near the unchanged market, many commodities came under serious pressure. This included copper, which retreated during the session, taking stocks like Freeport McMoRan (FCX), Rio Tinto (RIO), BHP Group (BHP) and Vale (VALE) with it. Elsewhere in the market, Kohl's (KSS) dropped as well, weighed down by reports of a reduced bid from a takeover suitor. Altria (NYSE:MO) also showed weakness, as regulators reportedly look to ban its Juul products in the U.S. Turning to the upside, La-Z-Boy (LZB) jumped on earnings news, while Meridian Bioscience (VIVO) added to recent gains to set another 52-week high. Sector In Focus Tuesday's trading was marked by a slide in a diverse group of commodities. The retreat included copper, which sank
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Hot Stocks: Copper stocks fall; LZB rises on earnings; MO, KSS drop; VIVO sets 52-week high