Wall Street jumps but ends off highs after partial trade deal [Reuters]
Fastenal Company (FAST)
Last fastenal company earnings: 4/14 06:50 am
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Source: Reuters
Wall Street jumps but ends off highs after partial trade deal - Reuters 4 Min Read NEW YORK (Reuters) - U.S. stocks ended more than 1% higher on Friday though well off the day’s highs after the announcement of a partial trade deal between the United States and China. Indexes cut their gains late in the session as the deal was announced amid worries over the possibility of further flare-ups before the agreement is finalized, strategists said. President Donald Trump, speaking to reporters after talks with Chinese Vice Premier Liu He, said the United States and China had come to a substantial phase-1 trade deal, reaching agreement on intellectual property, financial services and big agricultural purchases. The preliminary, partial deal was the biggest step toward resolving a 15-month tariff war between the world’s two largest economies. The market had risen in recent days due to optimism for an agreement and the S&P 500 .SPX was up as much as about 1.9% earlier in the session. “The main
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FAST
News
- Fastenal (NASDAQ: FAST) was downgraded by analysts at Hsbc Global Res from a "hold" rating to a "moderate sell" rating.MarketBeat
- Fastenal (NASDAQ: FAST) was downgraded by analysts at HSBC Holdings plc from a "hold" rating to a "reduce" rating. They now have a $70.00 price target on the stock.MarketBeat
- Fastenal (NASDAQ: FAST) was downgraded by analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating. They now have a $86.00 price target on the stock.MarketBeat
- Fastenal (NASDAQ: FAST) had its price target raised by analysts at Jefferies Financial Group Inc. from $74.00 to $85.00. They now have a "hold" rating on the stock.MarketBeat
- Fastenal (NASDAQ: FAST) is now covered by analysts at UBS Group AG. They set a "neutral" rating on the stock.MarketBeat
FAST
Earnings
- 10/11/24 - In-Line
FAST
Sec Filings
- 12/2/24 - Form 4
- 11/26/24 - Form 4
- 11/22/24 - Form 144
- FAST's page on the SEC website