The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
As you will see below, the ride is greatest for planes and cars among S&P 500 stocks after a stock market plunge. With a showing of more than two dozen previous instances of S&P 500 dives of 5 percent or more in a two-day period, the five stocks below have been the best bounce-back trades in the following month. Autozone, which didn't make the top five, did come in at No. 6 with an average return of 10 percent. And when looking at percentage of trades positive, O'Reilly Automotive and Autozone were No. 1 and No. 3 among all S&P 500 stocks.
Discovery Communications, while not posting among the best absolute return numbers in the month after an S&P dive, was No. 2 overall in terms of percentage of times trading positive (87 percent) and a near-8 percent average return during those monthly bounce-back periods. For investors with a short-term memory, Facebook has only been in the S&P 500 for long enough to experience two of these plunges, but it's traded positive in the month after in both instances.