The Airline Stock Poised to Take Off

Oil prices are on the rise after a steep drop in U.S. stockpiles

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MIDDAY MARKET CHECK     8/28/2019
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Dow Rebounds on Energy Sector Gains By Lillian Currens Share On The Dow Jones Industrial Average (DJI) has bounced at midday, up 110 points as gains in the energy sector overshadow recession concerns following yet another yield-curve inversion. The boost for energy stocks comes amid a spike in oil prices, with October-dated crude futures up 2.2% at $56.11 per barrel, following a hefty decline in U.S. inventories. Against this backdrop, the S&P 500 Index (SPX) is in the black, though the Nasdaq Composite (IXIC) is lower on a batch of lackluster tech earnings.    Continue reading for more on today's market, including: The airline stock poised to take off, according to one analyst.  The software stock getting pummeled by post-earnings bear notes.  Plus, options bulls are betting on a bounce for Macy's stock; MDJH stock soars; and Phibro Animal Health stock falls to the bottom of the Nasdaq.  >> Continue reading...
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