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BC-Money & Markets Digest

May 15, 2019

Money & Markets modules for Thursday, May 16

TODAY

Walmart and Nvidia report quarterly results. The Commerce Department delivers its monthly tally of new home construction.

SPOTLIGHT

Silicon Valley-based Agilent Technologies’ stock plunged after the maker of laboratory equipment reported lower profit and sales growth than Wall Street expected.

CENTERPIECE

Sheltering from the trade war

Small cap stocks, which make a relatively smaller share of their revenue abroad than big cap peers, shouldn’t be seen as a safe haven from the market turbulence sparked by President Trump’s trade war with China.

STORY STOCKS

The Progressive (PGR)

Tilray (TLRY)

8x8 (EGHT)

Werner Enterprise (WERN)

New Relic (NEWR)

Agilent Technologies (A)

Embraer (ERJ)

Coty (COTY)

FUND FOCUS

Franklin Managed Income (FBLAX)

Morningstar has cut this fund to “Neutral” from “Bronze.” Its “team and strategy don’t provide advantages over rivals,” Morningstar says.

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