Trump's Tariff Threat Causes Market Turmoil, S&P 500 Down 0.4% for the Week
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 53m ago
0mins
Source: CNBC
- Market Volatility: Trump's threat to impose tariffs on eight European countries sent the S&P 500 and Nasdaq into their worst days since October on Tuesday, with both indices rebounding the next day but ending the week down 0.4% and 0.1%, respectively.
- Earnings Performance: Procter & Gamble reported mixed results on Thursday, beating earnings expectations but missing revenue forecasts, largely due to the historic government shutdown affecting two-thirds of the quarter, with the CEO reaffirming confidence in the company's outlook for the year.
- Capital One Dynamics: Capital One's earnings report showed sales exceeding expectations but missing on profits due to rising expenses; however, the Investing Club remains bullish on its long-term prospects, especially following its acquisitions of Brex and Discover, which are expected to enhance shareholder value.
- Investment Strategy Adjustments: The Investing Club made trades amid market fluctuations, buying Alphabet on Tuesday and booking profits on Dover after it hit an all-time high on Wednesday, aiming to protect investments against a potentially conservative outlook ahead.
Analyst Views on DD
Wall Street analysts forecast DD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DD is 48.27 USD with a low forecast of 44.00 USD and a high forecast of 51.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 43.790
Low
44.00
Averages
48.27
High
51.00
Current: 43.790
Low
44.00
Averages
48.27
High
51.00
About DD
DuPont de Nemours, Inc. is engaged in providing advanced solutions that help transform industries. The Company serves various markets, including healthcare, water, construction, and transportation. The Company’s IndustrialsCo segment is a provider of engineered products and integrated solutions primarily serving medical, including packaging and specialty medical devices, water filtration, worker safety, automotive, including electric vehicles, aerospace and building product end markets. The IndustrialsCo segment offers medical packaging, medical silicones, specialty medical devices, water purification and separation, water filtration and purification resins, flexible packaging products, nonwovens, aramids, construction materials, auto adhesives and fluids.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
