Lights Out for These 2 Energy Stocks

Intel's earnings beat brushed a disappointing report from Amazon (AMZN) under the rug

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Market Recap
MARKET RECAP
 
 

10/25/2019

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Trade Hopes, Intel Earnings Lift Dow 152 Points

By Lillian Currens

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The Dow reversed yesterday's dip by finishing over 150 points higher, thanks to positive news from both the corporate earnings and U.S.-China trade fronts. Today's earnings docket included a bang-up report from chipmaker Intel (INTC), which climbed over 7% on an earnings and revenue beat. That overshadowed a big Amazon miss, and helped boost the tech-rich Nasdaq. And as for trade, a phase one deal between Washington and Beijing could be right around the corner, according to the Office of the U.S. Trade Representative. Against this backdrop, the S&P was also higher, right back within striking distance of an all-time high.  

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

  • Why these 2 energy stocks both bombed today
  • The chip stock clocking its fourth straight weekly win. 
  •  Plus, options bears swarm RIG stock; DKS stock gets an upgrade; and BUD's bad day. 
>> Continue reading...
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