A strong jobs report sends stocks higher. Plus, Trump’s trade war is taking massive heat from all sides. And, the White House is also trying to save troubled coal and nuclear power — by executive order. Will it work? Plus, the hottest accessory for the summer has Nike creating merging footwear with an 80s fashion statement. Catch The Final Round at 3:55 ET p.m. with Yahoo Finance’s Jen Rogers, markets correspondent Myles Udland, and Editor-in-Chief Andy Serwer.
Winners and losers
Stocks in the red include Big Lots as the company reported a disappointing first quarter profit and issued full-year EPS guidance below expectations; Workday as the HR software firm’s full-year forecast for subscription revenue only met expectations, when investors were looking for more; and Wynn Resorts, with shares of the casino operator swinging lower after gaming revenue from Macau for the month of May came in lower than expected.
Stocks in the green include Twitter as MKM Partners raised its price target on the online news and social networking service to $43 from $40 while maintaining a Buy rating; Lululemon as the yoga-wear maker reported sales soared 20% in the first quarter, with the company’s recent push to renovate stores paying off; and Netflix, with shares pushing higher as Mark Mahaney at RBC says shares could hit $750 in 3 years, citing high user satisfaction and growth in Europe, from a recent RBC consumer survey.
