Stocks (^DJI, ^GSPC, ^IXIC) climbing to end a great first half, but should the last monthof trading give investors pause, for the rest of 2017? Plus – tech sold off last month, and bonds are selling off this week. Is there a connection? We explain. And – Trump versus the media. Ratings are exploding for the news networks, but why can’t Twitter capitalize on the Trump effect? Plus – you asked, and he answered. Managing Editor Sam Ro answers your tweets. Catch The Final Round at 4 p.m. with Jen Rogers, Yahoo Finance markets correspondent Myles Udland, reporter Nicole Sinclair, and reporter Jared Blikre.
Winners and losers
Stocks sinking into the red today include Cara Therapeutics after announcing disappointing results from a trial of its osteoarthritis treatment, real estate company RE/MAX on a downgrade to underperform at BofA Merrill Lynch, and American Outdoor. Shares of the firearms maker falling, despite a beat on earnings and revenue, as it gave a much weaker-than-expected current-quarter outlook.
Meanwhile, stocks ending the day in the green include organic food company Hain Celestial after activist investor Engaged Capital disclosed a 9.9 percent stake, Parkway on news the REIT will be acquired by Canada Pension Plan Investment Board for $1.2 billion and Nike. Shares jumping as the sportswear giant reported stronger-than-expected earnings and revenue. Nike also confirmed that deal to sell shoes directly through Amazon.
