The Latest Breaking News from Lululemon Athletica

PANW, CRWD, MDB and MSFT stock make this screen of 22 stocks to watch in the top-performing industry groups.

After a solid year-to-date rally, Lululemon Athletica (LULU) shares faced a setback on account of a downgrade by Wells Fargo. With the company’s third-quarter earnings release on the horizon, would it be wise to take a bullish stance on the stock? Let’s find out….

September S&P 500 futures (ESU23) are trending up +0.06% this morning as market participants looked ahead to a reading on the Federal Reserve’s preferred inflation gauge.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +2.12%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +0.73%. Stock indexes Friday moved higher the entire day, with...

This IBD stock screen identified 227 stocks with rising earnings estimates. Broadcom and Lululemon are two of the stocks worth diving into.

The stock market rally staged a follow-through day on Wednesday, confirming the rally. Banking fears waned, while earnings and other corporate news were positive and inflation cooled.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.00%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.87%. Stock indexes Wednesday rallied moderately as waning banking concerns...

Retailers were big gainers, too, thanks to strong earnings from Lululemon Athletica.

Morning Markets March S&P 500 futures (ESM2 3) this morning are up +0.79%, and March Nasdaq 100 E-Mini futures (NQM2 3) are up +0.82%. U.S. stock index futures this morning are moderately higher. Technology stocks are climbing in pre-market trading to lead stock index futures higher after Micron Technology forecasted...