Dow Tumbles Over 300 Points Amid Surge in Oil Prices: Fear & Greed Index Remains in ‘Fear’ Zone
U.S. stocks fell as oil topped $100 and inflation fears grew; CNN Fear & Greed dropped to 33, remaining in the Fear zone.
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William Blair analyst Steven Lichtman downgrades Cooper Companies (NASDAQ:COO) from Outperform to Market Perform.
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U.S. stocks fell as oil topped $100 and inflation fears grew; CNN Fear & Greed dropped to 33, remaining in the Fear zone.
Crude jumped 6% and 30-year Treasury yields hit levels last seen in 2007 as a hot PPI print pushed Fed rate-hike odds toward 70% ahead of Friday's CPI.
Wells Fargo analyst Larry Biegelsen maintains Cooper Companies (NASDAQ:COO) with a Equal-Weight and lowers the price target from $66 to $61.