Schaeffer's Midday Market Check A pair of oil tankers were reportedly attacked in the Gulf of Oman
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| | 6/13/2019 | |
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Oil Stocks, Disney Keep Dow Above Water | By Karee Venema | | The Dow Jones Industrial Average (DJI) is higher today on strength in energy shares Chevron (CVX) and Exxon Mobil (XOM). The two oil majors have added 1.2% apiece, as reports of tanker attacks off the coast of Iran spark concerns over a potential supply disruption -- and boost July-dated crude 3.3% to trade at $52.85 per barrel. Walt Disney (DIS) is also creating tailwinds for the Dow, with the stock gaining 2.3%, after Morgan Stanley raised its DIS price target and waxed optimistic on the potential for Disney+ subscriber growth. Continue reading for more on today's market, including: - Analysts are in overdrive as Lululemon stock sizzles.
- Behind this rare bear note for Boeing.
- Plus, Tyson traders set short-term ceiling; the small-cap stock near the top of the Nasdaq; and why one drugmaker is down 75% today.
| >> Continue reading... | |
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