Peloton Stock Jumps As At-Home Fitness Play Embraces One-Time
The long-ailing at-home workout specialist announced a five-year partnership to develop fitness content for Lululemon. Peloton stock jumped.
Buyers lifted the Nasdaq composite and S&P 500 off lows even as the 10-year yield and the U.S. dollar rose again. Breadth was slightly positive on both exchanges. Fabrinet is showing strength and support after surging on earnings; Arista Networks reclaimed its 50-day moving average, while Halliburton is still in a buy zone from a 41.08 entry.
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