TRQ - These 2 Monday Morning Movers Are Catching Wall Street's Attention
The stock market has had a tough time lately, with war in Ukraine, high inflation, looming interest rate hikes, and the continuing threat of the COVID-19 pandemic. Yet after big losses in recent weeks, stocks opened the new week with fresh optimism, as investors looked for ways to get through tough times. As of 7:30 a.m. ET, futures on the Dow Jones Industrial Average (DJINDICES: ^DJI) were up 316 points to 33,241. S&P 500 (SNPINDEX: ^GSPC) futures had gained 31 points to 4,232, while Nasdaq Composite (NASDAQINDEX: ^IXIC) futures had risen 57 points to 13,349.
Most stocks have already reported their quarterly earnings, which means that stock-specific strategic moves are getting more attention on Wall Street. On Monday morning, shares of Turquoise Hill Resources (NYSE: TRQ) and Deutsche Bank (NYSE: DB) were among the biggest movers, as both companies made some decisions that could change their respective futures.
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These 2 Monday Morning Movers Are Catching Wall Street's Attention