Markets are turning around, as the Dow was down 160 earlier today. It’s now down by around 60 points. The Nasdaq is down 0.35% and the S&P 500 is down 0.46%.Here are today’s winners and losers.
Genworth Financials Inc. (GNW): Down 3.8% — Spain’s market dropping to a nine year low has caused worry among the financial sector, with Genworth Financial dropping nearly 4%.
Macy’s Inc (M): Down 3.8% — Macy’s reported 38% increase in profits but has since declined 4% in stock value this morning due to a lack of a conforming boost in earnings guidance for the year.
Citigroup, Inc. (GT): Down 3.0% — Issues in Spain have dragged financials down, with Citigroup losing 3% so far today.
Wynn Resorts Ltd. (WYNN): Down 2.7% —Wynn Resorts and Kraft Group have withdrawn a $1 billion plan to build a casino in Foxborough, Massachusetts.
Dean Foods Company (DF): Up 10.1% — A 50% increase in first-quarter profits has boosted Dean Foods’ stock up OVER 10%.
XL Group plc (XL): Up 4.5% —after posting a first-quarter profit due to low natural catastrophe losses, the insurer is up over near 5%.
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