U.S. stock futures dipped Tuesday after back-to-back gains on Wall Street.
in the first quarter, marking the strongest-ever start to a year as the market shows no signs of slowing, according to new sales data. The average price of a Manhattan apartment jumped 19% over the previous year's period to $2.04 million. ... Carvana was downgraded to "sector perform" from "outperform" at RBC Capital Markets, with the price target for the online car seller's stock cut to $138 per share from $155 per share.
The solar company's stock fell 4.8% in premarket trading after Bank of America Securities downgraded it to "underperform" from "neutral." BofA said investors may be overly optimistic about growth prospects and that a new Commerce Department anti-dumping inquiry into Asian module manufacturers is unlikely to drive pricing power. ... The maker of backup generators and other energy-related equipment was put on the "Americas Buy List" at Goldman Sachs.
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