Watsco (WSO) is the Barchart Chart of the Day. The HVAC company has a Trend Spotter buy signal, a Weighted Alpha of 25.10+ and gained 25.30% in the last year.
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NEW YORK (AP) — Stocks were mostly lower on Wall Street in afternoon trading on Friday, giving up modest gains following a generally upbeat assessment of the economy from Fed Chair Janet Yellen. Phone companies and utilities, widely considered safe-play stocks, led the list of decliners, while health care stocks rose. AT&T and Verizon each fell about 1 percent. (full story)
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market and an improved outlook for the U.S. economy and inflation. But she stopped short of offering any timetable. (full story)