Three stocks trading under $10 have surged over 100% from their lows, creating tempting momentum plays for investors. However, deeper analysis reveals these companies face fundamental challenges that justify their low valuations. Investors should approach these apparent bargains with extreme caution.
about Avoid These 3 Cheap Stocks Despite 100%+ Gains
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US Stock Market Reacts to Inflation Data Amid Trade War Concerns
U.S. stocks opened higher as inflation data met expectations, with the S&P 500 up 0.13% and the Dow rising 0.30%. However, all major indexes are on track for monthly losses amid concerns over President Trump’s tariff plans, which could ignite trade wars and inflation. Corporate news includes Autodesk cutting 9% of its workforce, HP planning layoffs due to weak results, and Elastic reporting better-than-expected earnings. Meanwhile, Bitcoin fell to a three-month low, reflecting ongoing struggles in the crypto market.
about US Stock Market Reacts to Inflation Data Amid Trade War Concerns