Fluor Corp Ranked Among Today’s Top Shorts Amid Mixed Economic Data

Fluor Corp Ranked Among Today’s Top Shorts Amid Mixed Economic Data

We had mixed economic data and anxiety over the Fed's meeting, causing stocks to dip somewhat. Stocks did not move much on Tuesday. However, a few reopening plays had a decent start to the day. On the one hand, newly released economic data saw the final demand index for producer prices advance 6. 6% for the 12 months ended in May. This was the largest increase since the data was first calculated in November 2010. On the other hand, May's retail sales data grossly underperformed and dipped 1. 3%, compared to the forecasted 0. 7%. Based on this data, the Dow Jones dropped 50 points, while both the S&P 500 and Nasdaq NDAQ retreated from record highs, falling 0. 1% and 0. 3%, respectively. If you're looking for a way to play this market, the deep learning algorithms at Q. ai have crunched the data to give you a set of Top Shorts. Our Artificial Intelligence ("AI") systems assessed each firm on parameters of Technicals, Growth, Low Volatility Momentum, and Quality Value to find the best short plays. Sign up for the free Forbes AI Investor newsletter here to join an exclusive AI investing community and get premium investing ideas