Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

These 2 Stocks Could Threaten Tuesday's Market Bounce


Investors have been surprised by the way 2022 has started, with steep drops on most stock market indexes. Wall Street tried to mount a comeback on Tuesday morning, though, in the hopes of getting back on a bullish path. As of 8:30 a.m. ET, Dow Jones Industrial Average (DJINDICES: ^DJI) futures were up 63 points to 36,015. S&P 500 (SNPINDEX: ^GSPC) futures had picked up 15 points to 4,678, while Nasdaq Composite (NASDAQINDEX: ^IXIC) futures had risen 79 points to 15,687.

It was encouraging to see the overall market try to bounce, but there were still some stock-specific stories that threatened to rain on Wall Street's parade. Pacific Biosciences of California (NASDAQ: PACB) and TechnipFMC (NYSE: FTI) both posted sharp declines in premarket trading as shareholders responded to the latest news from the two companies. Below, you'll learn more about both companies and what their results could mean for the broader market.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments