Stocks moved lower as investors played it safe ahead of an afternoon speech from Federal Reserve Chair Janet Yellen. Yellen could signal a rate hike as soon as this month. Snap (SNAP) advanced again in day two as a public company. The disappearing message app currently has a market cap nearly three times larger than social media network Twitter (TWTR) and even slightly more than traditional media company CBS (CBS) . GNC (GNC) shot higher on reports private-equity firm KKR is interested in a deal. KKR has reportedly been in contact with two Chinese companies over a potential acquisition of the vitamins retailer. Services activity in the U.S. strengthened in February, according to the latest reading from the Institute for Supply Management. The uptick in the ISM non-manufacturing index was a surprise to analysts looking for it to hold at January levels.
More from Video
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.
Takeda Pharmaceutical CEO Talks Big Pharma Trends
One of pharma's biggest CEO's talks M&A action on the exchange.
Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment
Citi overcame a mixed print to send its stock surging on Monday.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.