FAANG Stock Could Jump 20%

Another down day for Boeing is keeping the Dow's gains in check

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Midday Market Check
 
 

10/21/2019

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Stocks Up Amid Promising Trade Prospects

By Patrick Martin

Share On

The Dow Jones Industrial Average (DJI) has traded on both sides of breakeven to start the week, but was last seen modestly higher amid U.S.-China trade optimism. Despite another dismal day for scandal-laden Boeing (BA), the blue-chip index is up after Chinese Vice Premier Liu He reported "substantial progress" on trade talks over the weekend, and expressed enthusiasm in ironing out the remaining trade concerns. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also both in the black, with the tech-heavy latter enjoying particularly outsized gains. Elsewhere, oil prices are pulling back today, with December-dated crude futures down 1.2% at $53.14 per barrel. 

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

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