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Markets Mixed Before FOMC Minutes, Twitter Tumbles

August 29, 2023
in Trade Tube
Reading Time: 1 min read
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Stocks opened fairly flat this morning after markets snapped a three-day losing streak yesterday. That said, things could change sharply later today when get the latest FOMC minutes at 2PM. In individual stocks, Micron was up over 10% after the memory chipmaker posted revenue that beat expectations after Tuesday’s close. And recent IPO Container Store posted Q3 revenue of $188.3 million late Tuesday, narrowly missing expectations. Its shares are down nearly 10% in early trading. Finally, Twitter is down around 3% after it was downgraded by Cantor Fitzgerald to “SELL”.

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