This was the Dow's longest win streak since May 2018
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| | 6/10/2019 | |
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Trade Optimism Sends Dow to Sixth Straight Win | By Patrick Martin | | The Dow locked up its sixth win in a row, good for its best winning streak since May 2018. President Donald Trump's decision to not implement tariffs on Mexico was met with a universal sigh of relief, while stocks also got a boost after Treasury Secretary Steven Mnuchin tweeted about "candid" and "constructive" trade talk with People's Bank of China Governor Yi Gang. However, relations still remain icy, especially after Trump today told CNBC if Chinese President Xi Jinping skips the G-20 summit later this month, more duties will go into effect. Continue reading for more on today's market, including: - Options traders blasted this chip stock amid E3 buzz.
- These 3 stocks made outsized moves today.
- Beyond Meat stock's surge was met with flurry of options activity.
- Plus, diabetes data sparked volatility; a reliable Chipotle "buy" signal; and two stocks that enjoyed double upgrades.
| >> Continue reading... | |
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