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BC-APFN-Money & Markets Digest

Money & Markets modules for Wednesday, Dec. 5TODAYMajor U.S. stock markets are closed in honor of former President George H.W. Bush. Philadelphia-based retailer Five Below reports its third quarter earnings. The Federal Reserve serves up its latest Beige Book report on business conditions in its 12 regional districts.SPOTLIGHTAutoZone stock jumped to an all-time high after the Memphis-based car parts retailer reported higher profit and sales in its first quarter.CENTERPIECEThe other Christmas

Reported by: AP Published on: December 05, 2018 0:30 IST
BC-APFN-Money & Markets Digest
Image Source : AP BC-APFN-Money & Markets Digest

Money & Markets modules for Wednesday, Dec. 5

TODAY

Major U.S. stock markets are closed in honor of former President George H.W. Bush. Philadelphia-based retailer Five Below reports its third quarter earnings. The Federal Reserve serves up its latest Beige Book report on business conditions in its 12 regional districts.

SPOTLIGHT

AutoZone stock jumped to an all-time high after the Memphis-based car parts retailer reported higher profit and sales in its first quarter.

CENTERPIECE

The other Christmas card

Gift cards have secured another year as one of the most wanted — and most given — holiday gift.

STORY STOCKS

Bank of America (BAC)

Duke Energy (DUK)

Cronos (CRON)

AutoZone (AZO)

Dollar General (DG)

Hovnanian Enterprises (HOV)

United Parcel Service (UPS)

Restoration Hardware (RH)

FUND FOCUS

Boston Partners Small Cap Value II (BPSCX)

This fund's managers focus on small- and micro-cap stocks with capitalizations between $100 million and $6 billion. It earns a "Silver" rating from Morningstar.

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.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
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