Schaeffer's Midday Market Check The SPX has reclaimed the 3,000 level
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| | 7/12/2019 | |
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Dow, S&P Nab More Record Highs | By Patrick Martin | | The Dow Jones Industrial Average (DJI) is heading toward its third straight win and second straight triple-digit gain to close out a record-setting week. The blue-chip index already nabbed another fresh intraday record high earlier today, as optimism regarding a Fed rate cut builds. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are confidently higher as well, with the former reclaiming the 3,000 level while nabbing another record of its own. All three indexes are on track to lock up solid weekly wins. Continue reading for more on today's market, including: - Ford stock is higher on a big Volkswagen partnership.
- Analyst: Scoop up these 2 Wall Street newcomers.
- Plus, calls pop as General Motors stock climbs; Under Armour eyes annual highs; and Eli Lilly slips with biotechs.
| >> Continue reading... | |
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