Red-Hot Tech Stock Could Have Room to Run

The Nasdaq also touched an all-time best

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MIDDAY MARKET CHECK     4/29/2019
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S&P Hits Record High By Lillian Currens Share On The Dow Jones Industrial Average (DJI) is modestly higher at midday, led by bank stocks, as traders look ahead to a full week of earnings and economic data. In addition, Wall Street is digesting relatively tame inflation data ahead of the Fed's policy meeting, with the central bank widely expected to stand pat on interest rates. Elsewhere, the S&P 500 Index (SPX) hit a new all-time intraday high for the first time since September, with speculators cheering the biggest increase in consumer spending in nearly 10 years last month. The Nasdaq Composite (IXIC) is also higher, after touching its own record peak. Continue reading for more on today's market, including:  AMC stock is higher on a record box-office weekend.    This red-hot tech stock could have room to run.   Plus, options bulls jump on Dropbox stock; SOHU enjoys a revenue beat; and Veoneer stock plummets as the company seeks funding.  >> Continue reading...
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