Investing.com -- Canada’s wholesale trade posted a marginal gain in March, rising 0.2% to $86.5 billion, according to data published Thursday by Statistics Canada. The increase was led by strength in motor vehicles and miscellaneous products, though declines in other sectors kept overall growth modest.
U.S. stocks ended mostly higher on Wednesday, extending their gains for the year as investors waited for the next batch of economic data after a solid start to the week following positive news on a U.S.-China trade truce.
Tesla shares trade at an alarmingly steep valuation even as the business itself faces challenges. Shares of Ferrari aren't cheap, but given the quality of the company, it might not matter to investors. It's hard to argue with how Tesla has generated monster wealth.
Exelon (EXC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
President Donald Trump is pressuring Apple (AAPL) to pull back from India and move production to the U.S., telling CEO Tim Cook he doesn’t want iPhones “built in India.”