Wall Street gave back all of Wednesday's stock rally, pulling lower alongside crude oil. All benchmark indexes were more than one percent lower, while West Texas Intermediate remained below $38 a barrel. Yahoo! (YHOO) briefly spiked on reports Verizon (VZ) is moving forward with a bid for its core internet business. Alphabet's Google (GOOGL) and Time Inc. (TIME) are still expressing interest. Wynn Resorts (WYNN) surged after touting a promising outlook for its newest development in Macau, set to open in June. The casino operator also announced plans to convert its Las Vegas Golf Club into a resort with up to 1,000 hotel rooms. CarMax (KMX) slid after profit fell 1.5 percent in its fourth quarter as it faced weaker demand for used cars.
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Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.