Schaeffer's Market Recap The S&P 500 logged its fourth straight loss
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| | | 6/26/2019 | |
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| Chip Rally Lifts Nasdaq; S&P Extends Losing Streak | | By Patrick Martin | | The Dow spent most of the session higher, thanks to upbeat comments from Treasury Secretary Steven Mnuchin, who said "there's a path" to a trade deal with China. The blue-chip index traded up over 100 points at its session highs, but ultimately reversed lower amid big-cap pharma headwinds. However, while the S&P 500 suffered its fourth straight loss, a strong push from chip stocks helped the Nasdaq snap a three-day losing streak. Continue reading for more on today's market, including: - Here are the best stocks to own in July.
- Analyst: These 2 penny stocks could quadruple.
- Wayfair stock bounced back today from the walkout drama.
- Plus, 2 red-hot oil stocks; a tobacco stock put out; and behind Micron's big day.
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