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BC-APFN-Money & Markets Digest

December 31, 2018

Money & Markets modules for Tuesday, Jan. 1

TODAY

U.S. financial markets are closed for the New Year’s Day holiday. Analysts expect that earnings growth by S&P 500 companies will pull back sharply in 2019. IHS Markit issues its monthly purchasing managers’ index when investors return on Wednesday.

SPOTLIGHT

Netflix’s stock price soared after the streaming video company said more than 45 million accounts have watched its new movie “Bird Box,” starring Sandra Bullock.

CENTERPIECE

Slower auto sales forecast in 2019

U.S. auto sales will fall slightly in 2019 after remaining above 17 million for four years running, according to industry analysts.

STORY STOCKS

Amazon.com (AMZN)

Canada Goose (GOOS)

Camping World (CWH)

PG&E (PCG)

Netflix (NFLX)

Advanced Micro Devices (AMD)

Coty (COTY)

American Tower (AMT)

FUND FOCUS

MFS Massachusetts Investors (MITTX)

Morningstar says this fund merits its “Silver” rating thanks to “an experienced and well-resourced team, sturdy approach and low fees.”

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