Wall Street's "fear gauge" closed at its lowest point since late July
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| | | 9/11/2019 | |
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| Six Straight Wins For Dow; Nasdaq Snaps Skid | | By Patrick Martin | | The Dow cruised to a sixth straight win today, its longest winning streak since early June. Thanks to outsized gains from Apple (AAPL) and the latest trade tailwinds, the blue-chip index spent nearly the entire day in the black, and closed above the 27,000 level for the first time since July 30. The S&P 500 and Nasdaq also earned wins, with the latter snapping a three-day losing streak thanks to a resurgent tech sector. Elsewhere, Wall Street's "fear gauge" -- the VIX -- closed at its lowest point since July 30. Continue reading for more on today's market, including: - Call buyers could hit it big with these 2 pharma stocks.
- GameStop stock ended its recent winning streak after an earnings flop.
- iQiyi calls were hot during today's pop.
- Plus, 2 stocks that soared after earnings; puts pop on Broadcom; and Micron gets upgraded.
| | >> Continue reading... | |
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