Pharma Stock Skyrockets on FDA Nod

China said it would still carry on with trade talks next week, despite Trump's earlier tweets

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Market Recap
 
 

5/06/2019

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Dow Recoups on China Trade Reports

By Lillian Currens

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The Dow won back most of its earlier losses, ending only 66 points below breakeven after this morning's dramatic 471-point drop. The index was mostly bolstered by reports that China would still be traveling to the U.S. next week to continue trade talks, despite President Donald Trump's inflammatory tweets over tariff hikes. Gains from Disney and McDonald's helped put some wind at the Dow's back, as well. Against this backdrop, the Nasdaq and S&P also finished slightly lower.

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

  • This food stock swung higher on a Buffett boost. 
  • Options traders flocked to this stock today on Amazon buzz. 
  • The pharma stock skyrocketed on an FDA nod. 
  • Plus, option bears slam HTZ stock before earnings; don't sweat this Dow stock's pullback; J.P. Morgan Securities likes this solar power stock. 
>> Continue reading...
LATEST HEADLINES

>> Auto Supplier Moving on Tariff Tensions
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>> Amazon Buzz Fuels Heavy Sinclair Broadcast Options Trading
The stock hit a record high earlier
>> Hertz Options Bears Load Up on Puts Ahead of Earnings
HTZ puts have been favored lately
>> This Might Be the Ultimate Cannabis Stock
This innovative company could help investors see some major upside.
>> Booming Disney Stock Attracts Pre-Earnings Options Bulls
DIS stock hit a record high late last month
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