Back in the Black. Stocks are rebounding on Thursday, with Dow Jones Industrial Average futures and S&P 500 futures rising 0.6% and the Nasdaq Composite up 0.5% before the open. While China promised to hit back on the latest round of U.S. tariffs, investors seemed eager to move on from the Dow’s worst day since last year.
Here are five stocks making moves this morning:
Bank of America Merrill Lynch (ticker: BAC) is up 0.7% to $26.60 after Warren Buffett’s Berkshire Hathaway (BRK.B) disclosed an increased position in the stock, according to 13F filings.
Cisco Systems (CSCO) is down 7.6% to $46.75 after first-quarter guidance disappointed, although fourth-quarter earnings were better than expected.
Levi Strauss (LEVI) is up 4.6% to $17 after Bank of America Merrill Lynch upgraded the stock to Buy.
NetApp (NTAP) is up 1% to $45.16 after its fiscal first-quarter earnings beat estimates, and the company reaffirmed full-year guidance and kept its dividend unchanged.
Walmart stock (WMT) is up 6.6% to $113.25 on its beat-and-raise second quarter.
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