Mar 22 | Daily Finance News

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U.S. STOCK PICKS

Stocks slipped on Friday, but the major averages headed for a winning week and the Dow Jones Industrial Average barreled toward its best week of the year.
FedEx rose more than 8% after posting adjusted earnings that beat analyst estimates.
Nike sank 8% on disappointing guidance and slowing China sales.
Lululemon slid 17% on weak guidance and slowing growth in North America and headed for its worst day since March 2020.
Apple faces years of distractions after DOJ antitrust suit.
Airbus CFO Thomas Toepfer told CNBC the French plane maker was “not happy” about the issues facing U.S. rival Boeing. Boeing is under huge scrutiny and facing a reputational crisis after a door plug blew out of one of its 737 Max aircraft mid-flight.
Cathie Wood’s Ark funds buy Reddit stock on first day of trading.

Statistics Canada said Friday, retail sales declined 0.3 per cent in January: Canadian consumer spending slows, but is 'not collapsing'. Among them, sales at new car dealers experienced the most significant decline.
Experts say if the advisor does not have a philosophy of investing, it could indicate a “red flag” in their approach to financial planning.

Closing: 4:00 PM EST

*All information sourced from news portals such as CNBC, Yahoo Finance, Reuters, etc.