UBS sees Autos under Pressure, Highlights Best Picks on Turnaround Hopes
UBS sees Autos under Pressure, Highlights Best Picks on Turnaround Hopes

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UBS sees Autos under Pressure, Highlights Best Picks on Turnaround Hopes

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Same desk, different stories
The dollar index (DXY00 ) today is adding to Tuesday's losses and is down by -0.51%. The dollar is under pressure due to optimism that the war in Iran will end soon. Today's stock rally has also reduced liquidity…
In trading on Wednesday, the Sprott Gold Miners ETF is outperforming other ETFs, up about 6.2% on the day. Components of that ETF showing particular strength include shares of Gold Fields Limited, up about 8.3% and…
Key PointsNike's fiscal third-quarter earnings per share plunged 35% year over year as tariffs weighed heavily on gross margins.
In trading on Wednesday, cigarettes tobacco shares were relative laggards, down on the day by about 4.4%. Helping drag down the group were shares of Turning Point Brands, down about 14.8% and shares of Philip Morris…
In trading on Wednesday, precious metals shares were relative leaders, up on the day by about 6%. Leading the group were shares of SSR Mining, up about 9.3% and shares of Encore Energy up about 9.2% on the day. Also…
Key PointsThey are among the top players in their respective corners of the healthcare sector.