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BC-Money & Markets Digest

January 9, 2019

Money & Markets modules for Thursday, Jan. 10

TODAY

The Labor Department reports its weekly tally of applications for unemployment aid. Technology contractor Synnex and FuelCell Energy serve up their quarterly results.

SPOTLIGHT

J.C. Penney shares surged after the department store reported better-than-expected holiday season sales and said it still expects its business to be profitable this fiscal year.

CENTERPIECE

Bonds breaking the banks

A sudden drop in bond yields over the past month has weighed particularly hard on bank stocks. Lower bond yields can be a sign investors are concerned about the future of the U.S. economy.

STORY STOCKS

Constellation Brands (STZ)

Akorn (AKRX)

Micron Technology (MU)

Acuity Brands (AYI)

Digital Realty (DTR)

Intuitive Surgical (ISRG)

Noble Energy (NBL)

J.C. Penney (JCP)

FUND FOCUS

Diamond Hill Large Cap (DHLAX)

This “Gold”-rated fund “excels” in the competitive category of large-cap value funds, Morningstar says. Low fees give it an even greater advantage.

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