The FAANG Stock Facing Stiff Disney Competition

However, Chevron's M&A plans are keeping DJI gains in check

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Midday Market Check
MIDDAY MARKET CHECK
 
 

4/12/2019

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Dow Soars With Disney, JPMorgan Stocks

By Lillian Currens
Share On

The Dow Jones Industrial Average (DJI) is soaring at midday, thanks to an earnings beat from JPMorgan Chase (JPM) and Walt Disney's (DIS) new streaming service. However, oil giant Chevron (CVX) is keeping the Dow's gains in check, after the company inked a deal to buy Anadarko Petroleum (APC). While the Dow is still pacing for a weekly loss, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are set for a third straight weekly win.

Continue reading for more on today's market, including: 

  • The FAANG stock facing stiff competition from Disney. 
  • This pharma stock just got another "buy" rating. 
  • Plus, Microsoft hits a new high; a closer look at Anadarko; and XFOR tanks on a stock offering.  
>> Continue reading...
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Diversify your portfolio, while earning a 12% tax-advantaged annual dividend.

Midstream energy investing is an undiscovered investment opportunity for many investors. With the U.S. alone using roughly 20 million barrels of petroleum products daily, midstream companies will need to invest $800 billion by 2035 to build pipelines and other energy infrastructure assets to meet this demand. This means prolific long-term investment opportunities for savvy investors seeking to diversify their portfolio, while simultaneously growing capital and earning an attractive 12% annual dividend.

Learn more >

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