Wall Street down on flight from techs; move to value limits loss on Dow, S&P 500 [Reuters]
Merck & Company, Inc. (new) (MRK)
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Source: Reuters
Wall Street down on flight from techs; move to value limits loss on Dow, S&P 500 NEW YORK (Reuters) - Wall Street’s major indexes lost ground on Tuesday as investors moved out of market-leading growth stocks, though a rotation into cyclical value stocks indicated hopes of economic revival as states began to relax restrictions enacted to fight the deadly COVID-19 pandemic. While technology stocks pulled all three major U.S. stock indexes into the red, they all remained within 20% of their February all-time highs. “The stock market today is about money coming out of tech and going into economically sensitive value stocks, where prices have suffered the most,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “The sense that states are opening up and the economy is beginning to grow again is causing this rotation.” Smaller companies have fared better than larger ones in recent days, as they stand to benefit more from the state-by-state easing of shutdown re
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News
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- FDA Conditionally Approves Merck Animal Health's EXZOLT™ CATTLE-CA1 for the Prevention and Treatment of New World Screwworm (Cochliomyia hominivorax) Larvae (myiasis)Business Wire
- Merck & Co., Inc. (NYSE:MRK) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
MRK
Earnings
- 10/30/25 - Beat
MRK
Sec Filings
- 12/4/25 - Form 8-K
- 12/3/25 - Form 424B5
- 12/2/25 - Form FWP
- MRK's page on the SEC website