Analyst: This Pharma Stock Could Surge 156%

Other bank stocks are enjoying a halo lift

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7/15/2019

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Dow Futures Signal Another High After Citigroup Earnings

By Lillian Currens

Share On

Dow Jones Industrial Average (DJI) futures are pointing to yet another record high, and a fourth straight day in the black, as traders digest the first of many bank earnings this week. Specifically, Citigroup (C) posted impressive earnings and revenue for the second quarter, lifting fellow financial stocks Goldman Sachs (GS) and JPMorgan Chase (JPM). The impressive start to earnings season is overshadowing China's slowest economic growth in decades. In fact, President Donald Trump said via Twitter that the slowdown -- a result of the trade war -- is the reason "China wants to make a deal with the U.S., and wishes it had not broken the original deal in the first place." 

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

  • 3 pot stocks up in smoke last week.
  • Analyst: This biopharma stock could soar 156%.
  • How Stitch Fix is winning over Goldman Sachs. 
  • Plus, Amazon's "Prime Day" kicks off; Tiffany gets a downgrade; and Carrizo surges on buyout buzz. 
>> Continue reading...
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