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BC-Money & Markets Digest

May 23, 2019

Money & Markets modules for Friday, May 24

TODAY

Footlocker and Destination XL report quarterly earnings. The Commerce Department releases data on durable goods orders for April.

SPOTLIGHT

Toro fell to a two-month low after the Minnesota-based lawnmower manufacturer gave investors a surprisingly weak profit forecast for the current quarter.

CENTERPIECE

Chips in the crossfire

The escalating U.S.-China trade war is looking more likely to take a financial bite out of the companies that make microprocessors for computers, smartphones and other gadgets.

STORY STOCKS

NetApp (NTAP)

Copart (CPRT)

Bluegreen Vacations (BXG)

Weibo (WB)

L Brands (LB)

Best Buy (BBY)

Medtronic (MDT)

Toro (TTC)

FUND FOCUS

Voya Global Real Estate (IGLAX)

Despite caution because of some high portfolio turnover recently, Morningstar says this fund has “solid foundations.”

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