Tech stocks enjoyed a big rebound today
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| | 5/21/2019 | |
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Markets Get a Boost as U.S. Softens Huawei Restrictions | By Lillian Currens | | The Dow enjoyed a rebound today, with the index ending on a roughly 200-point gain, sparked in large part by the U.S.'s decision to temporarily ease restrictions on China's Huawei. The tech-rich Nasdaq finished higher as well, as the Huawei news helped boost chip stocks. Elsewhere, blue-chip concern Boeing (BA) helped boost the Dow amid reports that a bird strike may have caused its deadly 737 Max crash last March. The S&P 500 joined its index peers in the black, despite a rough day for a few retail stocks. Continue reading for more on today's market, including: - Step into this shoe stock ahead of earnings, says analyst.
- Buy the dip on this chip stock.
- The FAANG partnership luring options bulls to this penny stock
- Plus, 2 drug stocks demolished today; option bulls flock to Aurora Cannabis; and Snapchat's C-suite shakeup.
| >> Continue reading... | |
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