Schaeffer's Market Recap Traders were hesitant to send stocks too far in either direction
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| | | 3/28/2019 | |
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| Dow Closes Higher Despite Economic Concerns | | By Josh Selway | | U.S. stocks traded on both sides of breakeven today, as traders considered economic data and headlines around U.S.-China trade relations. A downwardly revised reading on fourth-quarter GDP and a round of lackluster housing data set stocks back early on, but some positive buzz around trade talks and a huge earnings reaction from today's top S&P 500 performer PVH Corp helped offset the losses. While the Dow managed to end the day in positive territory, crude futures fell following President Donald Trump's tweet claiming oil prices were too high. Continue reading for more on today's market, including: - 2 stocks that could make big earnings moves tomorrow.
- The best FAANG stock for the second quarter.
- Inside the drug data the prompted one of Tricida's biggest moves ever.
- Plus, a telecom stock for bears; analyst hits FedEx; and Five Below gets bulls behind it.
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