Express News | HP Inc : HSBC Cuts Target Price to $38 From $39
Express News | HP Inc : HSBC Cuts to Hold From Buy
Express News | HSBC has downgraded hp inc's rating to hold, with a target price of $38.
Overnight U.S. stocks | The large cap gains pause, technology stocks lead the decline, and the Federal Reserve favors inflation indicators to support cautious interest rate cuts.
The sell-off by technology giants has weighed down the usa stock market, causing the 7-day rally that pushed the s&p 500 index to historic highs to pause.
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
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