Schaeffer's Midday Market Check Chinese stimulus chatter is fueling upside, too
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| | 6/11/2019 | |
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Stocks Set to Extend Win Streak on Tech Strength | By Karee Venema | | The Dow Jones Industrial Average (DJI) has pared a portion of its earlier triple-digit lead, but is still sporting modest gains at midday -- putting the blue-chip index on track for a seventh straight win. In addition to stimulus buzz out of China, traders are reacting to a positive session for tech shares, with upgraded Facebook (FB) highlighting a big day for FAANG stocks. As such, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are eyeing their sixth straight wins, which would mark their longest winning streaks since April and February, respectively. Continue reading for more on today's market, including: | >> Continue reading... | |
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