Biggest S&P 500 Movers on Monday

Decliners

• Universal Health Services (UHS) shares plunged 10.2%, the most of any S&P 500 stock, after The Wall Street Journal reported that Republican officials interested in cutting costs could target Medicaid-related profits generated by hospital chains. According to the report, supplemental Medicaid payment programs accounted for more than half of Universal Health Services' pretax revenue last year.
• Shares of asset management giant Blackstone (BX) dropped 7.8%. Although strength in private equity and credit helped the company top profit forecasts in Thursday's quarterly earnings report, Blackstone CEO Stephen Schwarzman suggested that economic uncertainty could impinge on asset sales in the near term.

• The Wall Street Journal reported that the Department of Energy is considering significant cuts of nearly $10 billion in funding for clean energy projects. While the reduced funding could affect a variety of energy technologies, nuclear generators were one group facing pressure during Monday's trading session. Shares of Vistra (VST) and Constellation Energy (CEG) fell 7.7% and 6.8%, respectively. 
  

Advancers

• Federal 澳洲幸运5官方开奖结果体彩网:regulators consented to Capital One Financial's (COF) purchase of Discover Financial Services (DFS) while markets were closed on Friday. The combined entity is set to become the largest credit card company in terms of customers' outstanding balances. Discover Financial shares added 3.6% to notch the S&P 500's top performance on Monday, the first trading session following the approval. Capital One shares were up 1.5%.
• Shares of financial technology firm Fidelity National Information Services (FIS) gained 2.4% after Citi upgraded the stock to "buy" from "neutral" and lifted its price target. Analysts highlighted a deal announced last week that helped Fidelity National expand its presence in the credit card processing space, suggesting potential cross-selling opportunities with clients in the banking industry.
• Netflix (NFLX) shares advanced 1.5% following 澳洲幸运5官方开奖结果体彩网:price target boosts by analysts at a swath of research firms. The video streaming giant 澳洲幸运5官方开奖结果体彩网:beat sales and profit estimates in its quarterly results released Thursday afternoon. During the company's earnings call, co-CEO Greg Peters pointed out 澳洲幸运5官方开奖结果体彩网:Netflix's resilience despite the challenging economic backdrop.

-澳洲幸运5官方开奖结果体彩网:Michael Bromberg

Watch These Tesla Levels as Stock Drops Ahead of Earnings

Tesla (TSLA) shares skidded on Monday as investors await the EV maker’s 澳洲幸运5官方开奖结果体彩ꦇ网:highly anticipated quarterly rꦺesults, due after Tuesday’s closing bell.

The company released weaker-than-expected first-quarౠter delivery number🧸s earlier this month, and analysts have expressed concern about the impact that the 澳洲幸运5官方开奖结果体彩网:Trump administration’s tariffs 💛;will have on the auto maker the remainder of the year.

Tesla shares have reversed gear in 2025, slumping 44% since the start of the year amid concerns that CEO Elon Musk’s active involvement in the Trump administration has dented the automaker’s brand, hurting sales, and 澳洲幸运5官方开奖结果体彩网:distracted him from leading the compan⭕y.

Since finding a local bottom in early March, Tesla shares have consolidated within a 澳洲幸运5官方开奖结果体彩网:descending triangle, a bearish chart pattern that signals a 澳洲幸运5官方开奖结果体彩网:continuation of the stock’s recent downtrend. Moreover, the 澳洲幸运5官方开奖结果体彩网:50-day moving average (MA) crossed below the 200-day MA last week to form an ominous澳洲幸运5官方开奖结果体彩网: death cross, a technical event that forecasts lower prices.

Meanwhile, the 澳洲幸运5官方开奖结果体彩网:relative strength index (RSI) points to lackluster price  momentum, wit♌h the stock’s recent upswing barely bumping the indicator back above the 50 threshold.

Investors should watch important support levels on Tesla's chart around $170 and $139, while also tracking overhead areas near $289 and $360.

The stock fell nearly 6% to $227.50 on Monday.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Trump's Criticism of Powell Rattles Markets

Markets are sending a message to President Donald Truꦯmp: Don’t mess with the Federal Reserve.

Investors fled U.S. assets again on Monday after Trump put 澳洲幸运5官方开奖结果体彩网:more pressure on the Fed to cut interest rates—potentially threatening its ability to act independently of the president’s desires. ꦡThe latest Trump criticisms are making investors even less confident about the U.S. dollar and the country’s dominant role in global financial markets, analysts say.

Markets had “already started to entertain notions of 澳洲幸运5官方开奖结果体彩网:de-dollarization” following Trump’s tariff policies, according to Themistoklis Fiotakis, a top strategist at the British bank Barclays. Trump is adding fuel to the fire, Fiotakis wrote, bri༒nging about risks to the dollar that are “too large to ignore.”

“The notion of the Fed independence being at risk … is an event that carries v𓆉ery significant tail risks not only for the dollar, but also for the global financ⛎ial system,” Fiotakis wrote in a note to clients. 

Financial markets are clearly uncomfortable with the 澳洲幸运5官方开奖结果体彩网:politicization of the central bank, Thierry Wizman, global currency and rates strategist at the Australian financial services f🦋irm Macquarie, said in an interview. 

“The market is okay with rates coming down. What the market is not okay with is having the 🧸president or politicians tell the Fed that the rates need to come down,” Wizman said.🔜

Treasury Secretary Scott Bessent has told the White House that firing Powell could prompt turmoil in financial markets, according to Politico. But Kevin Hassett, a top Trump economic advis💛er, said on Friday that the White House will “continue to study that matter.”

“We’d be remiss to conclude that the president’s rhetoric won’t lead to action,” Ian🌸 Lyngen, an interest rate strategist at BMO𓆉 Capital Markets, wrote in a note to clients. 

If he does attempt to ෴remove Powell, the question could end up in the Supreme Court,𒀰 Lyngen wrote.

“At a moment in which the Administration has already instilled ever-hig𓄧her levels of uncertainty into ꧋the economic outlook, any attempt to remove Powell will add to the downward pressure on U.S. assets,” he wrote.

Read the 澳洲幸运5官方开奖结果体彩网:full article here.

-澳洲幸运5官方开奖结果体彩网:Polo Rocha

Coca-Cola Should Continue to Outperform, JPMorgan Says

Coca-Cola (KO) is well-positioned amid continuing uncertainty in the market over the 澳洲幸运5官方开奖结果体彩网:Trump administration's tariffs, JPMorgan analysts said in a Monday note.

The analysts lifted their price target to $78 from $74 previously, keeping their  澳洲幸运5官方开奖结果体彩网:"overweight" rating in a note previewing the soda maker's first-quarter results, which are set to be released on April 29. The new price target brings JPMorgan analysts closer to the 澳洲幸运5官方开奖结果体彩网:analyst consensus of $78.58 compiled by Visible Alpha, as they are amo♊ng 11 other analysts with a "buy" rating, while just one has a "hold" rating on the stock.

"While KO is not immune to tariffs and macro headwinds, it is a relatively more defensive stock that will likely deliver among the highest [澳洲幸运5官方开奖结果体彩网:organic sales growth] in our coverage universe in 2025," the꧒ JPMorgan analysts wrote.

They lowered their estimates for Coca-Cola's first-quarter and full-year earnings and sales growth due to a "moderating consumption environment in the U.S.," which they expect to be partially offset by a 澳洲幸运5官方开奖结果体彩网:softening dollar.

The company has relatively limited exposure risk to tariffs, as the analysts said Coca-Cola's largest risks are likely imported fruit juice and aluminum. They said Coca-Cola's manage🌠ment "doesn't see a potential impact" from possible aluminum inflation that could "derail its outlook."

Noting the 澳洲幸运5官方开奖结果体彩网:consumer staple💟 market will be "highly dependent on the macro and tariff situation," the analysts said that "if the current environment continues, we believe KO will continue to outperform peers 💖and the broader market.”

Shares of 澳洲幸运5官方开奖结果体彩网:Coca-Cola, a Dow🗹 Jones Industrial Average component, closed 0.3% lower at $72.77 on Monday. They have gained about 17% since the start of the year.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Stocks Off to Worst Start to a Presidency in a Century

Trump 2.0 was supposed to usher in a stock market bonanza. That's not what's happened in the first few months.

The S&P 500 has declined 14% since President Trump’s inauguration, marking the stock market's worst start to a presidency in the last century, according to an analysis released Monday by Bespoke Investment Group.

The S&P 500’s drop is “by far the b🧔iggest decline the index has seen three months into a Presidential term since 1928,” the analysts wrote. The second worst came during FDR’s third term in 1941 when stocks fell 9% amid a domestic debate about whether America should enter the Second World War.

The stock market was gripped with euphoria in November and most of December last year, when the S&P 500 rode Trump’s promises of 澳洲幸运5官方开奖结果体彩网:lower taxes and deregulation to record highs. At the time, investors dismissed the President-elect’s tariff threats as a negotiating tactic. Since then, Trump's unpredictable, ever-changing trade policy has 澳洲幸运5官方开奖结果体彩网:plunged fina▨ncia𒁏l markets into turnmoil and cast a dark cloud over the economy. U.S. stocks, which 澳洲幸运5官方开奖结果体彩网:fell sharply again Monday, have suffered some of their 澳洲幸运5官方开奖结果体彩网:worst days in decades amid the uncertainty.

Few stock markets have suf🎉fered more from President Trump’s “America First” agenda than America’s. Of 45 country ETFs surveyed by Bespoke, only Taiwanese stocks, down 15.5%, have had a rougher start to Trump’s presidency. The average country ETF has risen 3.2% since Trump’s inauguration, about 18 percentage points of outperformance against the S&P 500. 

European stocks have been among the best performers this year. The iShares MSCI Germany ETF (EWG) has r💮isen 10.8% in the last three months, boosted by new stimulus measures and plans to boost defense spending. Stock markets in Italy (+10.2%), the UK (+6.6%), and France (+3.7%) have also outperformed the U.S. despite taking a hit early this month from 𓆉Trump’s “Liberation Day” tariff announcement.

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

Uber Stock Falls as FTC Sues

Uber (UBER) shares fell Monday as the 澳洲幸运5官方开奖结果体彩网:U.S. Federal Trade Commission filed 🐎a lawsuit alleging ﷽“deceptive billing and cancellation practices” related to the company's Uber One subscription service.

The FTC accused Uber of charging consumers for Uber One without their consent, not delivering promised savings, and making it difficult for꧅ users to stop paying for the service. Uber One, which costs $9.99 per month, includes 6% back on rides and $0 delivery fees on Uber Eats, among other perks.

The FTC said Uber “obscures material information about the subscription” in part t🦩hrough the use of small, gray text that is easy to miss. Some consumers have complained that Uber enrolled them in𝄹 the service without their consent, the FTC said. 

An Uber spokesperson told Investopedia, “we are disappointed that the FTC chose to move forward with this action, but are confident that the courts will agree with what we already know: Uber One’s sign-up and cancellation processes are clear, simple, and follow the letter and spirit of the law. Uber does not sign up or charge consumers without their consent, and cancellations can now be done anytime in-app and take most people 20 seconds or less."

Shares of Uber slid 3% Monday, but have still added over a fifth o🍒f their value in 2025. The ride-hailඣing company plans to report its first-quarter earnings on May 7.

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

Gold Jumps to Another Record High

Gold prices hit another record high on Monday as tensions wಌith China simmered and President Trump continued his attacks on Federal Reserve Chair Jerome Pow൩ell.

Gold futures recently were up more than 3% at around $3,440 an ounce, trading near their high for the session. Monday’s advance put gold's price up 30% since the start of the year. 

Worries about President Trump’s unpredictable tariff policies have lifted economic uncertainty to its highest level in years, sending investors flocking to 澳洲幸运5官方开奖结果体彩网:safe-haven assets like gold. Gold ETFs took in $21🌄ജ billion in the first quarter of the year, their second-largest quarterly inflows on record.

 Gold, which has already closed at an all-time high more than 20 times this year, is expected to continue benefiting from chaos in the stock and 澳洲幸运5官方开奖结果体彩网:bond markets. More than 40% of fund managers recently surveyed💖 by Bank of America said they expect gold to be the year’s best-performing asset.

Market participants were 澳洲幸运5官方开奖结果体彩网:de-risking on Monday after China 澳洲幸运5官方开奖结果体彩网:said it would retaliate against any country that reaches a trade deal with the U.S. that hurts China’s interests. The White House, which paused sweeping tariffs earlier this month but 澳洲幸运5官方开奖结果体彩网:kept a 145% levy on Chinese goods, has said it is 澳洲幸运5官方开奖结果体彩网:negotiating deals with dozens of countries. 

Trump amplified anxiety on Wall Street when, shortly after markets opened, he 澳洲幸运5官方开奖结果体彩网:renewed his attacks on Federal Reserve Chair Jerome Powell, reviving concerns that the♕ president could move to oust Powell beཧfore the end of the central banker's term next year.

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

Amazon Gets a Downgrade as Tariff Worries Weigh on Stock

Amazon (AMZN) shares droppꦕed Monday as brokerage Raymond James downgraded theℱ e-commerce giant's stock.

Tariff-related uncertainty weighed on stocks broadly, a🔯nd Raymond James analysts in a Monday note said that Wall Street is underestimating how much Amazon’s earnings may be pressured by tariffs and its investments in rural deliveries.

The analysts replaced their “strong buy” rating with an “outperform” rating, and cut their price target nearly 30%. The new target—$195—is more than 20% lower than the roughly $248 average price target among analysts who cover Amazon and were polled by VisibleAlpha.

“We remain constructive on AI prospects/long-term investments, but with rising [澳洲幸运5官方开奖结果体彩网:earnings before interest and taxes] risk/limited monetization progress it is m💛ore challenging for us♛ to stick with our Strong Buy rating,” the note said.

Raymond James analysts said they prefer Meta Platforms (META) (which they said has a "known China risk and a clear AI product cycle"), Uber Technologies (UBER) (due to "fading" autonomous vehicle worries), and MercadoLibre (MELI) (because of Latin America exposure a♓nd "cohort profit drivers").

Amazon may make less profit selling items from China, which account for about 30% of 澳洲幸运5官方开奖结果体彩网:gross merchandise value on its platform, according to Raymond James’ estimate. Ad revenue may also suffer as U.S. and China slap import taxes on one another's products and tensions rise, the analysts said. The online retailer's domestic shipping strategy also presents a headwind. The company is spending $15 billion on warehouses in the rural U.S. to serve communities where 澳洲幸运5官方开奖结果体彩网:UPS has cut back, the analysts said.

Bank of America Securities analysts m𝓀aintained their “buy” rating, while acknowledging tariffs may affect Amazon’s business. The bank gave Amazon a $225 price target Sunday.

Amazon shares were down 4% at around $166 in mid-afternoon tradi🌟ng Monday. The stock has lost a quarter of its value since the start of the year, outpacing the decline of the Nasdaq Composite over that stretch.

-澳洲幸运5官方开奖结果体彩网:Sarina Trangle

Why the Dollar Hit a 3-Year Low on Monday

The dollar slumped to a three-year low on Monday as investors worried about President Donald Trump's threats to 澳洲幸运5官方开奖结果体彩网:curtail the independence of the U.S. central bank.

The U.S. Dollar Index (DXY) slid as low as 97.92, its lowest level since March 2022, early Monday morning. The benchmark dollar index has dec♉lined about 5% since early April when President Trump shook global financial markets with his unveiling of sweeping tariffs on nearly every country. 

Wall Street on Monday was focused on Trump's relationship with Federal Reserve Chair Jerome Powell, whom the president has accused of slow-walking interest rate cuts. Trump on Thursday said the Fed Chair's "termination can't ☂come fast enough." White House economic ad🦩visor Kevin Hassett on Friday told reporters the president was looking into whether they could oust Powell, whom Trump first appointed to the position in 2018. 

The fight over the Fed’s independence is just the latest development in Washington to spook investors. Stocks sold off, Treasury yields soared, and the dollar slumped in the weeks after Trump unveiled his "澳洲幸运5官方开奖结果体彩网:reciprocal tariffs" aimed at nearly every country in the world. Market watchers noted with concern that turmoil in the stock market should have sent investors flocking to traditional safe havens like Treasurys and the dollar. Former Treasury Secretary Janet Yellen 澳洲幸运5官方开奖结果体彩网:recently said the pattern sugge🐓sted "investors are beginning to shun dollar-based assets."

Investors have rushed into one safe haven: gold, which has 澳洲幸运5官方开奖结果体彩网:risen nearly 30% so far this year and climbed to a fresh all-time high of more than $3,440 an ounce o🌠n Monday.

Trump's fight with Powell could have far-reaching implications for the global economy. "Arguably, the great moderation of inflation was driven by a trend toward central bank independence," wrote Paul Donovan, Chief Economist at UBS Global Wealth Management, on Monday. "While monetary policy is a relatively blunt weapon, it can be wielded to control medium-term inflation. This depends on trust in the central bank. Building that trust takes years. Losing that trust can happen overnight."

The President 澳洲幸运5官方开奖结果体彩网:railed against Powell again on Monday morning, claiming on his social media platform Truth Social that "there is virtually No Inflation" and ⛎calling ൩on Powell to cut interest rates "NOW."

The Federal Reserve's next interest-rate decision will come on May 7. Fed officials have indicated they'll 澳洲幸运5官方开奖结果体彩网:take a cautious approach to rate cuts as they wait to see how tariffs affect economic growth and inflation.

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

Intel's New CEO Will Make His Earnings Debut This Week

Lip-Bu Tan, the microphone is yours. 

Tan, 澳洲幸运5官方开奖结果体彩网:named CEO of chipmaker Intel (INTC) in mid-March, hasn’t been invisible since his app𓄧ointment. He gave the keynote address at a company event later that month, coming onstage in sneakers and a suit, sans necktie, and admitting in a speech that “the🐻re are areas we have fallen short of your expectations.”

Still, Thursday afternoon will be the first quarterly earnings report and conference call under his leadership. Investors—who bid the stock up after he was named, but have seen the shares give all those gains back and more—are eager to learn what might be next. (澳洲幸运5官方开奖结果体彩网:A rough 2024 for the company and its stock contributed to 澳洲幸运5官方开奖结果体彩网:the December retirement of the former chief, Pat Gelsinger.)

That will put the focus on Tan's next steps. Investors have been broadly excited about the possibility of deals for Intel—a while ago, there were even rumblings regarding a possible sale 澳洲幸运5官方开奖结果体彩网:of the company itself—but there has been comparatively little s🐎moke on that front in recent weeks.

Still, there has been news to digest. The company recently said it would 澳洲幸运5官方开奖结果体彩网:sell a 51% stake in its Altera programmable chips unit to tech-focused private equity firm Silver Lake. And reports have described a possible 澳洲幸运5官方开奖结果体彩网:chipmaking joint venture with Taiwan Semiconductor Manufacturing Co. (TSM), thoug🅷h TSMC threw sಞome cold water on the idea last week.

"TSMC is not engaged in any discussion with other companies regarding any joint venture, technology licensing or technology transfer and sharing," CEO C.C. Wei said on a conference call, a transcript of which was made available by AlphaSense.

🌌 For the most recently completed quarter, Wall Street analysts expect Intel to report revenue of $12.3 billion and adjusted net income of $41.6 million, according to the mean compiled by Visible Alpha.

Wall Street may re-rate the stock after Thursday’s report, but for now the watchword seems to be caution. All the analysts following the company and tracked by Visible Alpha have neutral ratings, though their mean target just under $23 represents a roughly 20% premium to last week's finish near $19.

The stock was down nearly 3% in recent trading.

-澳洲幸运5官方开奖结果体彩网:David Marino-Nachison

Tesla Bull Says EV Maker Faces 'Code Red' Situation

Tesla (TSLA) shares sank Monday morning after long-time bull Dan Ives of Wedbush Securities warned the electric vehicle (EV) maker faced a "code red situation" if CEO 澳洲幸运5官方开奖结果体彩网:Elon Musk d𝓡idn't back away frꦅom his service in the Trump administration and refocus on Tesla.

Ives wrote in a note to clients that Musk is too distracted by his efforts to cut federal spending by leading the Department of Government Efficiency, or DOGE. He said Musk "needs to leave the government, take a major step back on DOGE, and get back to being CEO of Tesla full-time."

Ives pointed out that he remains bullish on the stock, and believes that Tesla and Nvidia (NVDA) are "two of the most disruptive technology companies on the globe over the coming years." However, Ives says that won't happen without Musk giving his full attention to the firm. He added that "we are now at a major crossroads for the Tesla story." The automaker is 澳洲幸运5官方开奖结果体彩网:scheduled to release 𒈔;its quarterly results after the close of trading Tuesday.

Earlier this month, Ives slashed the price target on Tesla to $315 from $550, citing the U.S.-China trade spat plus the backlash against the company over Musk's involജvement in the government's cost-reduction moves. He noted that it was a "very bad thing" that Tesla has "become a political symbol globally."

Tesla shares were down 7% in late-morning trading, push🔜ing their year-to-date declܫine to about 45%.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

Capital One, Discover Shares Rise as Merger Moves Closer

Shares of Capital One (COF) and Discover (DFS) rose early Monday, the firs💎t trading session since federal regulators on Friday approved their planned multibillion-dollar merger.&𝓰nbsp;

Capital One’s shares were up slightly in recent trading, while Discover’s were about 2% higher, after gaining nearly 7% early in the session. Regulators on Friday approved Capital One’s intended 澳洲幸运5官方开奖结果体彩网:purchase of Discover, a deal that would create the country’s biggest c⛦redit-card company. 🐎

The approval came from the Federal Reserve and Office of the Comptroller of the Currency; the Justice Department 澳洲幸运5官方开奖结果体彩网:is not expected to oppose the deal. Some analysts had suggested before the news that the government might not support the merger, so investor relief is likely to be driving some of the mജarket’s response today. 

The news may be seen as indicating a friendly regulatory𝕴 environment for dealmaking, a condition generally expected by investors after the re-election of President Donald Trump. 

The Capital One-Discover deal, announced 澳洲幸运5官方开奖结果体彩网:earlier last year, w𓃲as at the time valued at more than $35 billion. 

-澳洲幸运5官方开奖结果体彩网:David Marino-Nachison

Nvidia Extends Decline on US-China Trade Spat

Nvidia (NVDA) shares headed lower fo🏅r a third straight session Monday on continuing concerns the AI 𒆙chipmaker could face a major economic hit from the trade fight between the U.S. and China.

CEO Jensen Huang talked about the potential impact of new Trump administration tariffs in a visit to China last week, telling China-owned CCTV, "The increased restrictions have impacted our company significantly." Huang pointed out the importance of China to Nvidia's business, and that the company "will continue to make significant efforts to optimize our products to comply with regulations and continue serving the Chinese market."

澳洲幸运5官方开奖结果体彩网:According to reports, Huang met with several government officials, including Ren Hongbin, head of the China Council for the Promotion of International Trade, as well as Liang Wenfeng, founder of Chinese AI research firm DeepSeek, which stunned the tech wor𒁏ld earlier this year when it said it produced an AI product at a much lower cost than traditional models.

Also last week, Nvidia reported in a regulatory filing that it was advised by U.S. officials that it would need a license to export its key H20 AI chips to China, and that requirement could result in 澳洲幸运5官方开奖结果体彩网:up to $5.5 billion in charges in the first quarter.4

Nvidia shares were down more than 5% in recent tra♔ding. They have lost nearly 30% of their value so far this year.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

UnitedHealth Levels to Watch After Selloff

UnitedHealth Group (UNH) shares lost ground in early trading Monday after logging their 澳洲幸运5官方开奖结果体彩网:worst daily decline since 1998 as the healthcare giant 澳洲幸运5官方开奖结果体彩网:cut its full-year profit forecast.

The company, which cited higher-than-expected medical costs for the downward revision, has faced challenges in recent years from increasing demand for healthcare services under its government-assisted Medicare plaಞns for⭕ aging adults and members with disabilities.

UnitedHealth shares fell 22% on Thursday, ahead of a day off from trading as U.S. markets were closed in🔯 commemoration of Good Friday. The stock was down ꦅanother 4% at around $436 this morning.

A recent recovery in UnitedHealth shares toward their 澳洲幸运5官方开奖结果体彩网:all-time high (ATH) ended abruptly last week, with the price staging a decisive close below the closely watched 200-week moving average. Importantly, the sell-off occurred on above-average volume, indicating conviction selling by larger market participants, such as澳洲幸运5官方开奖结果体彩网: institutional investors and hedge funds.

Moreover, the drop also thrust the 澳洲幸运5官方开奖结果体彩网:relative strength index (RSI) below the 50 th𒁃reshold, signaling accelerating selling momentum.

Investors should watch crucial support levels on UnitedHealth's chart around $439 and $389, while also monitoring key overhead areas near $550 and $606.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Netflix Rises as Analysts Lift Price Targets After Earnings

Netflix (NFLX) shares rose in premarket trading Monday af꧅ter several analysts raised their price targets for the streaming giant's stock.

Netflix reported 澳洲幸运5官方开奖结果体彩网:better-than-expected results after the bell on Thursday, and markets were closed for 澳洲幸运5官方开奖结果体彩网:Good Friday. 澳洲幸运5官方开奖结果体彩网:Several analysts wrote in notes Friday that Netflix's abꦅility to thrive in an uncertain economy is im🦩pressive.

Analysts from Morgan Stanley and Wedbush lifted their price targets to $1,200 from $1,150, while Piper Sandler analysts 💯also mad꧋e a $50 bump to $1,150. KeyBanc, Goldman Sachs, and Deutsche Bank analysts also raised their targets, to $1,070, $1,000, and $900, respectively, from $1,000, $955, and $875.

Netflix shares were up 2.2% at🅘 $994 ahead of the bell on Monday.

JPMorgan analysts made one of the biggest moves, retaining an "overweight" rating and raising their price target to $1,150 from $1,025. The analysts said that the streaming giant "continues to play offense in its business, while the stock remains defensive in the uncertain environment."

Netflix's cheapest ad-supported subscription tier makes it "widely accessible," the analysts said, noting that the streamer's management highlighted the low-priced tier as something that could prove resilient in an economic downturn or recession.

Analysts tracked by Visible Alpha are divided between 15 "buy" ratings and four "hold" ratings, with an average price target of about $1,125.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Major Stock Index Futures Point to Lower Open

Futures tied t💃o the Dow Jones Industrial Average were down✃ 0.8%.

S&P 500 futures were off 1.1%.

Nasdaq 100 futures dropped 1.4%.