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As traders continue to digest Wednesday’s hawkish Fed minutes, which at the time sent US equities tumbling, and discuss its implication for the outloo

Lamb Weston Holdings Inc. stock soared 11.8% in Thursday trading after the potato and vegetable company reported fiscal second-quarter earnings and sales that beat expectations. Net income totaled $32.5 million, or 22 cents per share, down from $96.9 million, or 66 cents per share, last year. Adjusted EPS of 50 cents beat the FactSet consensus for 33 cents. Sales of $1.000 billion were up from $896.1 million last year and ahead the FactSet consensus for $997.8 million. For the full-year, Lamb Weston is guiding for low-to-mid single digit sales growth. The FactSet consensus is for sales of $4.051 billion, suggesting 10.4% growth. Lamb Weston has fallen 7.9% over the past year while the S&P 500 index has gained 25% for the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

The major US stock indices are trading higher as investors stick it on the water. Even the NASDAQ index which tumbled over the last two days is trading in positive territory. A snapshot of the market currently shows: Dow industrial average up 14 points or 0.04% at 36419.22 S&P index up 17 p

https://www.investing.com/analysis/only-sp-500-doesnt-suffer-technical-damage-post-fed-minutes-200613871

Helen of Troy Ltd. reported fiscal third-quarter profit and sales that beat expectations by wide margins, and raised its full-year outlook, citing strong consumer and retailer demand for housewares and beauty. The consumer products company''s stock was still inactive in the premarket. Net income for the quarter to Nov. 30 fell to $75.7 million, or $3.10 a share, from $84.2 million, or $3.34 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share rose to $3.72 from $3.61, above the FactSet consensus of $3.16. Revenue fell 2.0% to $624.9 million but was above the FactSet consensus of $554.5 million. Housewares sales rose 10.7% and beauty sales grew 15.3%, while health and home sales fell 18.5%. For fiscal 2022, the company raised its sales guidance range to $2.10 billion to $2.12 billion from $2.02 billion to $2.07 billion, and lifted its adjusted EPS outlook to $11.55 to $11.75 from $11.05 to $11.35. The stock has rallied 10.3% over the past three months while the S&P 500 has gained 7.7%.

A big tech stock sell-off is pulling down the Nasdaq and S&P 500.

Quicker Return to QT Provides Markets With Painful Reminder of 2018

Hawkish FOMC minutes send equity markets lower Wall Street had a torrid session as a hawk FOMC minutes highlighted the amount of post-omicron speculative longs positions that were out there. Technology came in for particular attention, the Nasdaq suffering its biggest one-day drop in nearly a year. The S&P 500 tumbled 1.94% lower, with the []

Market sentiment improved a bit during early Thursday, after the US Federal Open Market Committee (FOMC) Meeting Minutes triggered volatility in favor

Analysts at Citigroup lifted their price forecast for the S&P 500 index to 5,100 from 4,900 predicted in October, citing robust corporate earnings. Ke

Full info can be found here at Reuters, but in summary; Citigroup analysts raised their price target for the S&P 500 to 5,100 from 4,900 set in October, cautioning that a U.S. Federal Reserve policy tightening could pose valuation headwinds. expects strong corporate earnings to continue thi

The S&P 500 fell sharply as the FOMC meeting minutes hinted at Fed tightening sooner than previously expected.

Shares of Walt Disney Co. dropped 0.35% to $155.19 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500

US equity markets are tumbling across the board, though the pain is concentrated most heavily in big tech, so-called growth, and real-estate names, pr

Del Taco Restaurants Inc. launched its new value menu of food and beverages, "20 Under $2" on Wednesday. The menu includes new items like the Chipotle Chicken Taco, Snack Queso Quesadilla and Strawberry Sprite. "We know our guests are concerned about rising gasoline prices and overall inflation, and that''s why we think this is the right menu at the right time," said Tim Hackbardt, Del Taco''s chief marketing officer, in a statement. The quick-service chain has also introduced two breakfast tacos, Hashbrowns, Egg & Cheese Stuffed Quesadilla Breakfast Taco and Hashbrowns & Bacon Stuffed Quesadilla Breakfast Taco along with two new mint shakes. Del Taco stock has run up 33.7% for the past year, outpacing the S&P 500 index , which is up 27.6% for the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.