The Dow Hasn't Done This Since 2011

President Donald Trump expects a quick end to the trade war

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Market Recap
 
 

5/24/2019

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Dow Pops On Trump Comments, But Clocks Another Weekly Loss

By Lillian Currens

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The Dow was able to pare some of its recent losses today, adding nearly 100 points, after President Donald Trump predicted a swift conclusion to the ongoing trade tensions between the U.S. and China. Trump's optimism extended to the S&P and Nasdaq, as well, with both indexes finishing in the black. However, all three stock market barometers finished the week in the red, with the Dow suffering its fifth straight weekly loss. 

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

  • The Dow hasn't done this since 2011. 
  • The FAANG stock expected to soar 65%
  • Plus, the biotech stock that could surge next week; STZ call options are hot; and Foot Locker suffers its worst day in years. 
>> Continue reading...
LATEST HEADLINES

>> Retail Earnings, China Trade Headline Hectic Week
Huawei-related concerns continued to weigh on stocks
>> BofA-Merill Lynch: Worst is Behind This Mining Stock
Meanwhile, Cantor Fitzgerald pulled coverage on Dynavax
>> Breaking Down the Big Bearish Options Spread on Retail
The retail ETF is headed toward its third straight weekly loss
>> Dow Set to Do This for First Time in 8 Years
Chilly U.S.-China trade relations have weighed on the index
>> The Next Step Towards a Cashless Economy
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