The S&P is running back up toward the 20% year-to-date return level
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| | 10/21/2019 | |
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Stocks Gain on Trade Deal Optimism, Apple Rally | By Lillian Currens | | Last Friday's losses were reversed today as investor optimism ramped up over earnings season and a potential U.S.-China trade deal. Specifically, Chinese Vice Premier Liu He announced over the weekend that both sides were making "substantial progress." As far as individual stocks go, Apple (AAPL) boosted the Dow after a glowing bull note from Raymond James pushed the FAANG stock to record highs, helping traders to brush off even more bad news from Boeing (BA). The S&P also closed higher, but stopped just short of revisiting its 20% year-to-date return level at 3,008. Continue reading for more on today's market, including: | >> Continue reading... | |
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