3 Hot Things Happening in the Market Right Now
- Yes, Facebook (FB) is still in a bear market. The stock is down 16% from its early February high.
- S&P 500 earnings estimates for the first-quarter have fallen for the third straight week, according to Yardeni Research. The S&P 500’s first-quarter forecast was down to $36.13 last week from $36.20 a week earlier.
- The NY Auto show kicks off Tuesday with several glitzy unveils. Of interest: the all-new, 1,888 horsepower hypercar Rimac C_Two will makes its North America debut.