Closing Bell Overtime: Investing In Defense Stocks Despite DC, Budget Uncertainty; Top Banks Picks As Earnings Roll On 10/17/23
The Dow managed a positive close but the S&P 500 and Nasdaq fell in trading today. Truist’s Keith Lerner and Wedbush’s Kevin Merritt break down the market action. Earnings from United Airlines, JB Hunt and Interactive Brokers. Gabelli Funds Portfolio Manager Ian Lapey on his top bank picks as the sector’s earnings wind down. Former Deputy Assistant Secretary of Defense Roger Zakheim on how the defense sector is navigating supply amid DC turmoil. Our Kristina Partsinevelos on Nvidia’s slide today as the US expands its chip export controls. Melius analyst Conor Cunningham breaks down United’s earnings report. Plus, what you need to know ahead of earnings from Netflix and Tesla on Wednesday.
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