Money and Markets Digest

The Associated Press

November 17, 2023

Money & Markets modules for Saturday, Nov. 18, 2023

THE WEEK AHEAD

On Tuesday sporting goods retailer Dick's issues quarterly results and the National Association of Realtors reports last month's sales of previously occupied homes. Deere & Co. reports earnings before the bell Wednesday.

SPOTLIGHT

The Gap had its best day in more than three years after the fashion retailer easily surpassed Wall Street's profit forecasts on the strength of its Old Navy brand.

CENTERPIECE

Banks remain reluctant to lend

Despite the strong economy and job market, banks remain historically reluctant to lend to consumers, according to the most recent Federal Reserve data.

STORY STOCKS

Gap (GPS)

Ross Stores (ROST)

Dillard's (DDS)

ChargePoint Holdings (CHPT)

BJ's Wholesale Club (BJ)

Duckhorn Portfolio (NAPA)

Marathon Oil (MRO)

Buckle (BKE)

FUND FOCUS

Fidelity Select Health Care (FSPHX)

This fund is a "standout on several fronts," Morningstar says. "An exceptional manager and Fidelity's large team of healthcare-focused analysts are the strategy's greatest assets."

For questions about Money & Markets modules, please contact Greg Keller at (917) 865-1817. For technical support: contact Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 800-3AP-STOX for technical support and 212-621-1905 for graphics help. The Money & Markets digest can also be found at www.markets.ap.org.

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