In This Article:
Yahoo Finance host Julie Hyman tracks today's top moving stocks and biggest market stories in this Market Minute, including gains in retailers Target (TGT), Five Below (FIVE), RH (RH); Wayfair (W) received an Upgrade from Argus Research; NRG Energy (NRG) is acquiring 18 natural gas plants from LLS Power in a $12 billion deal aimed at boosting earnings growth.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's Market Minute. Stocks are surging after the U.S. and China agreed to temporary tariff cuts. Retailers among the stocks getting relief as the two nations signal a truce in their trade war. Shares of Target, Five Below, and RH all rising, as the combined 145% U.S. levies on most Chinese imports will decline to 30% by May 14th. And Wayfair is among the retail stock gainers, following the U.S. and China tariff de-escalation. The company also getting an upgraded Argus research to buy from hold. Argus highlighting the potential benefit of homeowners buying new furniture instead of purchasing new homes. NRG Energy agreeing to acquire 18 natural gas generation plants from LS Power for about $12 billion, including debt. The portfolio also includes a commercial and industrial virtual power plant platform. NRG said the deal will boost its compound annual growth rate per earnings per share to 14% from 10% over the…
