Trade tensions remain high around the U.S.-China relationship
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| | 11/14/2019 | |
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Stock Futures Drift Lower Despite Walmart Earnings | By Lillian Currens | | Dow futures are trading lower coming off yet another record high, as tensions remain high surrounding the U.S.-China trade conflict. The anxiety is overshadowing Walmart's (WMT) third-quarter earnings beat and raised full-year forecast, with the stock up 1.7% before the open. Meanwhile, Wall Street is also keeping an eye on Fed Chair Jerome Powell's congressional testimony today, along with this morning's jobless claims update, with the number of Americans filing for unemployment benefits hitting a five-month high. Continue reading for more on today's market, including: - 2 stocks getting blasted by options bears after earnings.
- The technical signal that could mean even more downside for HPQ stock.
- Plus, Goldman downgrades KHC; OPRA steps into the earnings confessional; and AOBC plans Smith & Wesson spin-off.
| >> Continue reading... | |
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