The S&P 500 (^GSPC) is trading slightly in the red amid lingering inflation concerns ahead of the Federal Reserve's September meeting. Enbridge (ENB) shares fall as the company plans to buy three utilities from Dominion Energy (D) in a $14 billion deal. Express (EXPR) shares rise as the company's second quarter earnings met expectations, as well as reaffirming its full-year outlook. GitLab (GTLB) shares are up as the company saw a 38 percent increase in revenue in its second quarter year-over-year, as well as reporting an upbeat full-year outlook. Yahoo Finance Live breaks down some of the trending tickers of the day.
) shares are up as the company saw a 38 percent increase in revenue in its second quarter year-over-year, as well as reporting an upbeat full-year outlook. Yahoo Finance Live breaks down some of the trending tickers of the day.We're about 30 minutes into the trading day. Let's take a look at how stocks are moving right now. Stocks are lower today as concerns surrounding inflation linger ahead of the Fed's next meeting.
Investors will also be looking out to key data this week, including ISM services data. That's coming out this morning. It is out. And we're also going to be taking a look at some individual movers.Yeah. Enbridge shares are lower today after announcing it would buy three utilities from Dominion Energy in a $14-billion deal. That's including debt. The deal expected to close at the end of 2024. Enbridge's CEO called it a once in a generation opportunity.
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