Money and Markets Digest

By JILL LAWLESS and PAN PYLAS

September 22, 2023

Money & Markets modules for Saturday Sept. 23, 2023

THE WEEK AHEAD

The Conference Board releases its September report on consumer confidence on Tuesday. On Friday, the Commerce Department releases its closely watched personal consumption expenditure index for August, and cruise line Carnival reports its latest results.

SPOTLIGHT

Scholastic slumped after the children's book publisher posted a wider loss than Wall Street expected.

CENTERPIECE

4th quarter blues

Wall Street's otherwise calm and steady 2023 may be heading toward a turbulent close.

STORY STOCKS

Scholastic (SCHL)

Activision Blizzard (ATVI)

Seagen (SGEN)

Alibaba (BABA)

Amazon.com (AMZN)

Intel (INTC)

Exxon Mobil (XOM)

Natural Alternatives (NAII)

FUND FOCUS

Hartford Floating Rate (HFLIX)

"The strategy's approach to liquidity and some recent issuer selection missteps have led to mixed results," Morningstar says, calling this "Neutral"-rated fund "unconvincing."

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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