Analyst: This Drug Stock is a "Top Pick"

U.S.-China trade talks are set to resume tomorrow

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Midday Market Check
 
 

7/29/2019

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Stocks Mixed as Trump Takes Aim at Fed

By Patrick Martin

Share On

The Dow Jones Industrial Average (DJI) is modestly higher at midday, as Wall Street gears up for Wednesday's Fed decision and another week of corporate earnings. While the blue-chip index clings to gains, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are firmly in the red, pulling back from Friday's record highs as tech stocks take a hit. Ahead of the Fed's expected 25-basis-point cut, President Donald Trump took to Twitter to criticize the central bank, saying "a small rate cut is not enough." Elsewhere, trade talks between the U.S. and China are set to resume tomorrow.

Continue reading for more on today's market, including: 

  • Analyst: This drug stock is a top pick.
  • Under Armour calls are hot ahead of earnings.
  • Plus, heightened call activity on GRUB ahead of earnings; Mylan breaks out on Pfizer merger; and new lows for Tata Motors.
>> Continue reading...
LATEST HEADLINES

>> NXPI Stock Gets a Pre-Earnings Boost on Bull Note
Evercore ISI upgraded NXP Semiconductors to "outperform" from "in line"
>> Under Armour Options Traders Eye Another Post-Earnings Pop
The September 30 call has seen a notable increase in open interest
>> Electronics Arts Stock at Risk for Bigger Losses After Earnings
EA stock is lower today on a fresh bear note
>> Barclays Downgrades DISH Stock Before Earnings
DISH stock hit an annual high just last week
>> Dog Dermatitis Study Gives Struggling KIN Stock a Boost
Kindred Biosciences will report earnings later this week
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