After a flat open, the markets managed to make some impressive gains, continuing last week's rally.
The Nasdaq got a boost from Apple (AAPL), after the company announced plans for a quarterly dividend and also said it would buy back $10 billion of its own shares over 3 years.
In economic news, the National Association of Home Builders is reporting that the homebuilder sentiment index remained at 28 in March, falling short of economists expectations of a reading of 30.
UPS (NYSE:UPS) shares are trading higher today after the company announced plans to acquire shipper TNT for $6.9 billion.
Meanwhile, shares of rival Fedex (NYSE:FDX) are also trading higher today after Citigroup raised its price target from $95 to $110.
Starbucks is trying something new, by opening up its first retail store called Evolution Fresh, a juice bar chain.
The company is hoping to get into world of health food and the wellness sector.
Tomorrow, we'll get a look at housing starts, as well as earnings from Tiffany (TIF) and Oracle (NYSE:ORCL).
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.