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Market Update: DIS, MSI, WYNN

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Motorola Solutions, Inc. (MSI) Stock Forecasts

AllMarket Update

Argus•February 09, 2024
Sector(s)

Communication Services, Technology, Consumer Cyclical

Summary

Stocks were mixed on Friday morning following the Labor Department’s revision to the inflation data. After seasonal revisions to CPI, December’s reading was revised down to 0.2% from the prior 0.3% increase. November’s CPI was revised up from a 0.1% increase to 0.2% after the adjustment. The seasonal adjustments are made annually, coinciding with January’s CPI release, to account for price movements in the previous year. The S&P 500 gained 0.2% and in intraday trading the index was above 5,000. The Dow is down $0.3% and the Nasdaq is up 0.9%. Crude oil is trading above $76 per barrel, while gold lost $10 to trade near $2038.

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