Schaeffer's Market Recap Larry Kudlow still predicts 3% U.S economic growth through 2019
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| | 6/11/2019 | |
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Dow Snaps Win Streak as Tech Stocks Pivot Lower | By Patrick Martin | | The Dow snapped its six-day winning streak today, taking a breather from recent risk-on sessions. Stimulus buzz out of China saw the Dow jump out to a triple-digit lead in the morning. Around midday, the tech sector that had earlier propped markets up pivoted lower, sending all three benchmarks into the red. As investors await trade updates with Mexico and China, Director of the National Economic Council Larry Kudlow predicted the U.S. economy will maintain 3% growth in 2019, even without a China trade deal. Continue reading for more on today's market, including: - This red-hot auto stock still has room to run.
- Nasdaq just booted this pharma stock.
- Keep an eye on this retail stock on Thursday.
- Plus, a Lululemon earnings preview; an energy stock flashing "buy"; and another bull note for Facebook.
| >> Continue reading... | |
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