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Market Update: MKC, NOK, NSC, RTX, AAL, BKR, DOW

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McCormick & Company, Incorporat (MKC) Stock Forecasts

AllMarket Update

Argus•January 29, 2024
Sector(s)

Energy, Basic Materials, Technology, Industrials, Consumer Defensive

Summary

Stocks are little-changed on Monday morning. While this week is full of major earnings report, Fed news, and significant economic data, investors appear to be in ‘wait and see’ mode for now — with the biggest events still to come on Tuesday (earnings), Wednesday (Fed), Thursday (earnings again), and Friday (employment). Tension in the Middle East is also on the rise, likely adding to hesitation on the part of traders. As of this writing, the major stock indices are in a tight range between off 0.04% and up 0.30%. Crude oil is lower by about 1.15%, while gold is up about 0.35%.

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