Bank Stock Joins the Race to Zero

The S&P is running back up toward the 20% year-to-date return level

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Market Recap
 
 

10/21/2019

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Stocks Gain on Trade Deal Optimism, Apple Rally

By Lillian Currens

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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...
LATEST HEADLINES

>> Seattle Genetics Options Volume Skyrockets as Shares Soar
The company reported another round of encouraging cancer drug data
>> Boeing Headwinds Hit SPR; Healthcare Stock Falls on CEO Exit
Looking at three of the worst stocks in today's trading
>> Calls Pop as Bank of America Stock Eyes Ninth Straight Win
BAC options are attractively priced after earnings
>> Room for Upgrades on Hasbro Stock as Earnings Near
Pessimism is still surrounding the outperformer
>> UPS Hopes for Another Earnings Surge
UPS has been fairly volatile overall in the past year
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