This was the Dow's third straight triple-digit gain and longest win streak since March
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| | 6/06/2019 | |
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Dow Bags Four in a Row on Tariff Delay Hopes | By Patrick Martin | | The Dow nabbed its fourth straight win today-- it's longest winning streak since mid-March -- and third triple-digit gain in a row. Wall Street is still cheering Fed Chair Jerome Powell's dovish comments from Tuesday, and stocks got a last-minute boost today from a Bloomberg report that indicated the U.S. may postpone its 5% tariffs on all Mexican imports, set to go into effect next week. But trade tensions still loom large with China, after President Donald Trump said the U.S. could still increase tariffs on Chinese goods by "another at least $300 billion." Continue reading for more on today's market, including: | >> Continue reading... | |
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| ADVERTISEMENT There are prolific investment opportunities available in the North American midstream energy infrastructure sector. 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. Investors can capitalize on this demand by earning an attractive tax-deferred dividend and enjoying long-term capital appreciation. Learn more> | | |
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