President Trump and China's Vice Premier Liu will meet later today
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| | 2/22/2019 | |
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Dow, Nasdaq Eye 9th Weekly Win Ahead of Trump-Liu Trade Talks | By Patrick Martin | | The Dow Jones Industrial Average (DJI) is confidently higher today, up triple digits as optimistic investors await news from this afternoon's trade talks between U.S. President Donald Trump and Chinese Vice Premier Liu He. The blue-chip index is headed toward its ninth straight weekly win, its longest weekly winning streak since 1995. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also higher, on pace to extend their weekly winning streaks of four and nine, respectively -- which would mark the Nasdaq's longest since 2009. Oil prices are getting a lift on hopes for a trade resolution, too, with April-dated crude up 0.8% at $57.42 per barrel. Continue reading for more on today's market, including: - Morgan Stanley is calling a big Intel stock rally.
- Roku stock is heading toward a record weekly win streak.
- Plus, options bears pour it on Kellogg stock; CPB hit with sector peer headwinds; and record highs for INTU after earnings beat.
| >> Continue reading... | |
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