Bears Rip U.S. Stocks On China And Turkey News [Investor's Business Daily]
Consolidated Edison, Inc. (ED)
Last consolidated edison, inc. earnings: 2/20 04:55 pm
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Source: Investors Business Daily
Related news U.S. stock indexes took hard hits midday Wednesday as noise from China and Turkey swirled around the stock market. China's economy showed signs of cooling, and Turkey slapped tariffs on U.S. goods. The Nasdaq plunged 1.5%, while the S&P 500 and the Dow Jones industrial average lost 1% each. Volume was tracking higher than Tuesday's levels on both major exchanges. In China, the Shanghai Composite skidded 2%, leaving it 24% off its late January high. July retail sales in China fell short of estimates, up 8.8% vs. views for 9.1%. Industrial production rose 6% in July, missing the consensus estimate for 6.3%. Fixed asset investment was the lowest in at least 22 years. Meanwhile, Turkey raised tariffs on cars to 120% and on alcohol to 140%. The tariffs had been 35% on cars and 40% on alcohol. Tariffs on rice were cranked up from a previous 20% to a current 50%. U.S. stocks shifted to a defensive posture Wednesday. Among IBD's 197 industry groups, utilities, food and tobacco ad
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News
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- Consolidated Edison (ED) Earnings Expected to Grow: What to Know Ahead of Next Week's Release [Yahoo! Finance]Yahoo! Finance
- Consolidated Edison, Inc. (NYSE: ED) had its price target lowered by analysts at Scotiabank from $91.00 to $85.00. They now have a "sector underperform" rating on the stock.MarketBeat
- CON EDISON DECLARES COMMON STOCK DIVIDEND [Yahoo! Finance]Yahoo! Finance
- CON EDISON DECLARES COMMON STOCK DIVIDENDPR Newswire
ED
Earnings
- 2/15/24 - Beat
ED
Sec Filings
- 4/10/24 - Form DEFA14A
- 4/10/24 - Form DEF
- 4/5/24 - Form 3
- ED's page on the SEC website