|Day Low/High||37.81 / 38.79|
|52 Wk Low/High||35.59 / 66.77|
Casino stocks with exposure to Macau rallied Monday on news its government is considering easing smoking bans on casino floors.
With a malaise seemingly at hand, you can't afford to be too bullish about this alleged economic juggernaut.
But investors are likely to be wary ahead of the Fed meeting.
We also look at dividend boosts from FedEx and Target.
Las Vegas Sands, MGM Resorts falter; broader market finishes session in the red.
Shares of casino operator Wynn Resorts (WYNN) finished Monday's trading day down almost 6 percent. The stock is TheStreet's Move of the Day.
Casino stocks were under pressure Monday after Sterne Agee published estimates suggesting gambling capital Macau saw a 46% decline in its revenue run rate at the beginning of the month.
Small company has better prospects than bigger casino names.
Macau casino stocks were still in the red Monday. That's following the news that casino revenue for the Chinese peninsula has dropped 37.1 percent in May from last year's numbers.
In Monday's Analysts' Actions, we highlight downgrades on Yelp (YELP), Chevron (CVX), and Las Vegas Sands (LVS).
Part of the reason casinos have been struggling is due to the economy.
Jim Cramer answers viewers' Twitter (TWTR) questions from the floor of the New York Stock Exchange.
Several big events this week will soon impact the global economy and markets.
A wild day on Wall Street had the Dow Jones Industrial Average down as much as 460 points on Wednesday.