Upside is modest ahead of this weekend's Trump-Xi trade meeting
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| | 6/28/2019 | |
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JPMorgan, Goldman Keep Dow Higher at Midday | By Karee Venema | | The Dow Jones Industrial Average (DJI) is trading higher today, as big-cap bank stocks JPMorgan Chase (JPM) and Goldman Sachs (GS) pop after the Fed's annual stress tests opened the door for dividend hikes. However, the upside is modest as caution sets in ahead of this weekend's highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are gaining ground, too, and even as all three indexes are set to snap their weekly win streaks, they are boasting impressive June returns. Continue reading for more on today's market, including: - Analyst: This Dow stock has double-digit return potential.
- The bull note calling for AutoZone record highs.
- Plus, options bull targets emerging markets ETF; a big day for Constellation Brands; and the spice stock near the bottom of the S&P.
| >> Continue reading... | |
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