Hang On To This Red-Hot Tech Stock

Chip stocks took another major hit, leading the tech sector even lower

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MARKET RECAP     5/23/2019
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Dow Drops 286 Points, Oil Plummets Amid Trade Tensions By Lillian Currens Share On The Dow suffered another triple-digit drop today, losing over 285 points, as trade tensions between the U.S. and China continue to flare up. Chip stocks continued to suffer as more companies cut ties with China's Huawei, and sluggish U.S. manufacturing data was salt in Wall Street's proverbial wounds. In response, the benchmark 10-year Treasury yield hit new 18-month lows, and oil prices plummeted on expectations for weakening demand. Against this backdrop, the Nasdaq and S&P finished lower as well.  Continue reading for more on today's market, including: This red-hot tech stock could keep rallying, if history is any indicator.  L Brands stock enjoyed its best day in years.  An FDA nod helped fuel this pharma stock's rally.  Plus, 2 software stocks analysts love; the steel stock expected to fall to $1; and 25 stocks to scoop up now.  >> Continue reading...
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