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BC-Money & Markets Digest

August 2, 2018

Money & Markets modules for Friday, Aug. 3

TODAY

The Labor Department releases nonfarm payroll numbers for July; Kraft Heinz reports second-quarter earnings; the Commerce Department reports on the nation’s trade gap in June.

SPOTLIGHT

Blue Apron shares slumped to a nearly four-month low after the meal kit company said it lost customers in the second quarter and revenue was weaker than Wall Street expected.

CENTERPIECE

Too much of a good thing?

Centene is counting on the Affordable Care Act’s insurance exchanges for a big slice of its growth, and that’s stirring some concern.

STORY STOCKS

Wynn Resorts (WYNN)

Blue Apron (APRN)

TripAdvisor (TRIP)

Tesla (TSLA)

Rockwell Automation (ROK)

Rollins (ROL)

Chevron (CVX)

DexCom (DXCM)

FUND FOCUS

Dreyfus Structured Midcap (DPSAX)

“The math doesn’t add up for this fund,” says Morningstar, which notes that it’s “struggling to climb out of mediocrity.”

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