Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

Market Updates

Up-to-the-minute insights
on developing market news

Entry archive:

Traders on the New York Stock Exchange wait for markets to open. (BRENDAN MCDERMID/REUTERS)
Traders on the New York Stock Exchange wait for markets to open. (BRENDAN MCDERMID/REUTERS)

At the open: Wall Street starts third quarter with gains Add to ...

U.S. stocks are starting the third quarter on a positive note on Tuesday, rising in early trading after a report showed China’s factory sector expanded in June for the first time in six months.

Closer to home, investors are looking ahead to two reads on domestic manufacturing that are also expected to show growth.

More Related to this Story

Analyst commentary is sparking some of the biggest moves on the day, with Netflix Inc., the S&P 500’s biggest gainer, up 3.6 per cent to $456.50 (U.S.) after Goldman Sachs upgraded the stock to “buy” from “neutral.” With the day’s move, the online movie renter has extended its year-to-date advance to 24 per cent.

On the downside, Urban Outfitters Inc. is down 2.6 per cent to $33.05 after Wedbush cut the stock to “neutral” from “outperform.” The stock is the biggest decliner on the S&P 500.

Follow us on Twitter: @GlobeInvestor

For Globe Unlimited Subscribers

Business videos »

Most popular videos »

Highlights

Most Popular Stories