• BC-Money & Markets Digest

    Updated:

    Money & Markets modules for Friday, May 24

    TODAY

    Footlocker and Destination XL report quarterly earnings. The Commerce Department releases data on durable goods orders for April.

    SPOTLIGHT

    Toro fell to a two-month low after the Minnesota-based lawnmower manufacturer gave investors a surprisingly weak profit forecast for the current quarter.

    CENTERPIECE

    Chips in the crossfire

    The escalating U.S.-China trade war is looking more likely to take a financial bite out of the companies that make microprocessors for computers, smartphones and other gadgets.

    STORY STOCKS

    NetApp (NTAP)

    Copart (CPRT)

    Bluegreen Vacations (BXG)

    Weibo (WB)

    L Brands (LB)

    Best Buy (BBY)

    Medtronic (MDT)

    Toro (TTC)

    FUND FOCUS

    Voya Global Real Estate (IGLAX)

    Despite caution because of some high portfolio turnover recently, Morningstar says this fund has “solid foundations.”

    For questions about Money & Markets modules, please contact Greg Keller (212-621-7958). For technical support: contact Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help. The Money &Markets digest can also be found at www.markets.ap.org.

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