Golden Dragon ETF heads for record monthly gain as hopes that China will ease COVID restrictions outweigh protests, slowing economy

Shares of Eastman Kodak Co. KODK, +0.95% inched 0.95% higher to $4.23 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +4.41% rising 4.41% to 11,468.00 and the Dow Jones Industrial Average DJIA, +2.18% rising 2.18% to 34,589.77. The stock’s rise snapped a three-day losing streak. Eastman Kodak Co. closed $3.27 below its 52-week high ($7.50), which the company achieved on March 31st.

Shares of software maker Splunk SPLK, +2.36% rose sharply after hours on Wednesday after the company boosted its full-year outlook for profit, sales and cash flow, following cost cuts and third-quarter results that beat expectations.

Once one of Wall Street’s most vocal bulls, JP Morgan Chase & Co. equity analyst Marko Kolanovic, released a much more downbeat outlook for stocks on Wednesday, calling for equity prices to stumble early next year as the Federal Reserve’s interest-rate rises batter the U.S. economy.

One of the bond market’s most reliable indicators of impending U.S. recessions is pointed in a pretty pessimistic direction right now, but contains at least one optimistic message: The Federal Reserve will remain committed to its battle on inflation and, some analysts say, should ultimately win it.

Shares of Dow and Boeing are posting strong returns Tuesday afternoon, sending the Dow Jones Industrial Average into positive territory. Shares of Dow DOW, +2.32% and Boeing BA, +2.03% have contributed to the index’s intraday rally, as the Dow DJIA, +0.01% was most recently trading 39 points (0.1%) higher. Dow’s shares are up $1.25, or 2.5%, while those of Boeing have climbed $3.59 (2.1%), combining for a roughly 32-point boost for the Dow.

Shares of Domino’s Pizza Inc. DPZ, +0.20% inched 0.20% higher to $383.06 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.01% rising 0.01% to 33,852.53 and the S&P 500 Index SPX, -0.16% falling 0.16% to 3,957.63. The stock’s rise snapped a two-day losing streak. Domino’s Pizza Inc. closed $184.51 short of its 52-week high ($567.57), which the company reached on December 31st.

Hewlett Packard Enterprise Co.’s stock gained in extended trading Tuesday after the company reported quarterly results in line with analysts’ estimates and offered strong revenue guidance.

For some Tesla owners, getting to a nearby Buick dealership is a lot easier than working through Tesla’s complex repair network.

Bilibili Inc. is scheduled to report results for the third quarter on Tuesday. Here’s what you need to know: