This Retail Stock's a "Top Pick"

The U.S. and China set a date for their next round of trade negotiations

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Opening View
 
 

9/27/2019

-->-->NOW OPEN: Unique Govt.-Backed Profit-Sharing Plan<--<--



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Dow Futures Hold Gains After Data Dump

By Karee Venema

Share On

Futures on the Dow Jones Industrial Average (DJI) are above fair value this morning, after the U.S. and China said they will hold two-day high-level trade negotiations beginning on Thursday, Oct. 11, in Washington. However, pre-market gains are modest, as traders digest an onslaught of economic reports, including a slimmer-than-expected rise in consumer spending in August, while durable goods unexpectedly rose last month thanks to Pentagon orders.

Elsewhere, oil prices are sinking, after Iranian President Hassan Rouhani said the U.S. offered to remove sanctions if the two countries sat down for negotiations. At last check, November-dated crude was down 2.1% at $55.21 per barrel.

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

  • Retail stock tapped as a "top pick" at Cowen.
  • Bears blasted sinking Skyworks Solutions stock.
  • 2 gold stocks squeezing shorts.
  • Plus, Micron set for post-earnings slump; bluebird bio drops again; and the casino stock getting an S&P-related boost.
>> Continue reading...
LATEST HEADLINES

>> Carnival Cruise Stock Suffers Major Post-Earnings Blow
Several analysts have already handed out bear notes
>> Stocks Drop as Trade, Impeachment Woes Weigh
The Dow was down more than 160 points at its session lows
>> Straddle Traders Just Won Big on This Volatility Bet
AbbVie stock seemed ready to make a fast, aggressive move
>> Rite Aid, Conagra Brands Stocks Soar Post-Earnings
Rite Aid and Conagra stocks are both higher after profit beats
>> Struggling SWKS Stock Sees Rare Pop in Put Volume
Rumors are swirling the U.S. may not extend Huawei waivers
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