The Nasdaq and S&P kept their heads above water, though
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| | | 7/09/2019 | |
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| Dow Brings Daily Losing Streak to 3 | | By Karee Venema | | The Dow spent the entire session in negative territory, pressured by sharp losses for newly downgraded Post-it maker 3M (MMM), ending lower for a third straight day. Anxiety continued to build ahead of Fed Chair Jerome Powell's appearance in front of the House Financial Services Committee tomorrow, while the minutes from the Fed's June meeting are also due. The S&P was in the red with the Dow most the day, but ultimately closed higher with the Nasdaq thanks to a strong showing from tech stocks. Continue reading for more on today's market, including: - This restaurant stock seems ripe for a bullish options trade.
- A Huawei warning sent this tech stock to its fifth straight loss.
- AMD saw its price target lifted after this weekend's Ryzen 3000 chip launch.
- Plus, options traders reacted to Square's upgrade; why BBBY stock could be volatile on Thursday; and the hospitality stock J.P. Morgan is dropping.
| | >> Continue reading... | |
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