Market Rebound: How Tuesday Is a Turnaround

Let's go over how the market is looking today.
Stocks quotes in this article: X, HOG, GE

The market has rebounded. 

General Electric Co. (GE) has come back from the brink. Shares were on the rise today as it announced that it was selling off its stake in Baker Hughes, which is an oil field services company. This comes after the electric company announced that it was spinning off its healthcare unit.

Heading into afternoon trading, GE was up nearly 9%.

After Trump's twitter tirade on Tuesday, Harley-Davidson Inc. (HOG) wasn't falling that badly. It was down nearly 1%.

Hertz was falling nearly 12% as it entered afternoon trading, which is the lowest it's dropped since May 8. Morgan Stanley expects Hertz to face rising depreciation costs.

And, finally, there's United States Steel Corp. (X) . The U.S. Steel Corp had a rough day yesterday, but it's rebounded. In afternoon trading, it was up about 1%.

 

 

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