Traders are digesting weak housing data
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| | 3/14/2019 | |
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U.S. Markets Unsteady at Midday | By Emma Duncan | | U.S. stocks are mixed at midday, with the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all lingering around breakeven. Concerns about a delayed U.S.-China trade deal are keeping some investors on the sidelines, with Wall Street also digesting a steeper-than-expected drop in new home sales in January. Meanwhile, Boeing (BA) stock is back in the red, with members of Congress stating the 737 MAX 8 will remain grounded for "weeks." Focus also remains on the U.K., with lawmakers expected to vote on whether to delay the Brexit. Continue reading for more on today's market, including: - Johnson & Johnson reacts to a costly asbestos verdict.
- 3 tech giants showered in "buy" ratings.
- Plus, call traders flock to a pharma giant; and today's best and worst performers on the NYSE.
| >> Continue reading... | |
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