Schaeffer's Market Recap Oil edged higher, despite a trimmed demand forecast from OPEC
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| | 8/16/2019 | |
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Dow Closes Out Wild Week On Positive Note | By Patrick Martin | | The Dow closed the book on a roller-coaster week with an emphatic 306-point gain. Rallying bond yields and cooling trade tensions with China fueled the blue-chip index's fourth triple-digit move of the week. The S&P 500 and Nasdaq both finished with strong gains today as well, thanks to resurgent bank and tech sectors, respectively. However, it wasn't enough to prevent all three benchmarks from logging their third straight weekly loss. Continue reading for more on today's market, including: - The biotech stock that more than doubled today.
- This Citron favorite just flashed a "buy" signal.
- Plus, IQ calls pick up before earnings; a big day from Nvidia; and an industrial stock to avoid.
| >> Continue reading... | |
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