Yahoo Finance host Josh Lipton tracks today’s top moving stocks and biggest market stories in this Market Minute, including the Dow Jones Industrial Average (^DJI) touching above 47,000 for the first ever in Friday’s trading, Johnson & Johnson (JNJ) receiving an upgrade by Wells Fargo analysts, and PayPal (PYPL) being hit with a downgrade.
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It’s time for Yahoo Finance’s Market Minute. The Dow and the S&P 500 continued to move higher during this government shutdown, the Dow hitting 47,000 for the first time ever.
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The indexes is aiming to end the week with their latest records as Wall Street is fixated on the promise of artificial intelligence.
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Johnson and Johnson stock getting a lift over at Wells Fargo, that firm upgrading that stock from equal weight to overweight.
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Wells Fargo knowing that with former terrorist pricing risk and Cilavro concerns largely in the rearview, it sees upside to pharma coupled with attractive valuation.
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And lastly, PayPal hit with a downgrade over at Wolfe Research, that firm lowering its rating on that stock from outperform to peer perform.
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Wolfe Research pointing to shares potentially remaining range bound until the company demonstrates its ability to consistently deliver branded growth.
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And that’s your Yahoo Finance Market Minute. Scan the QR code below to track the best and worst performing stocks of the trading session.
