Published on 5 Apr 2022 on Insider Monkey via Yahoo Finance
In this article, we will discuss some of the notable stocks trending today. To take a look at some more stocks that are gaining, go to Trending Stocks on Tuesday: Top 5 Gainers.
According to RBC Capital Markets, investors who are bullish about US equities over a course of the "next six months to a year have nearly vanished” as the Federal Reserve tightens its monetary policy due to high inflation. The indices today are reflecting these sentiments, with the S&P 500 index down 0.81% and the NASDAQ Composite index down 1.97% as of 1 PM ET. However, some of the popular stocks such as Peabody Energy Corporation (NYSE:BTU), Twitter, Inc. (NASDAQ:TWTR), and Carnival Corporation & plc (NYSE:CCL) were seen making gains today.