Analysts are Betting Big on This Dow Stock

President Trump said U.S.-China trade talks are progressing

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12/05/2019
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Stock Futures Climb as Trade Rhetoric Turns Positive

By Patrick Martin
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Wall Street bounced back yesterday from its early week drubbing, and Dow futures are pointed confidently higher once more today. The latest U.S.-China trade headline is powering this morning's surge, after Chinese Commerce Ministry spokesman, Gao Feng, confirmed both sides are communicating with each other. However, additional details were scant ahead of the Dec. 15 deadline for the U.S. to hike tariffs on Chinese goods, although President Donald Trump did remark yesterday that talks were "going very well." Elsewhere, weekly jobless claims fell by 10,000 last week to a seven-month low, while the U.S. trade deficit fell 7.6% in October to its lowest level since May 2018. 

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

  • Bulls blasted rallying JetBlue stock yesterday.
  • Analysts are betting big on this Dow stock.
  • Plus, Goldman says "buy" Nike; Slack jumps on revenue beat; and a C-suite shake-up at United Airlines.
>> Continue reading...
LATEST HEADLINES
>> C-Suite Shakeup Boosts UAL Stock
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JBLU calls are crossing at 179 times the average intraday pace today
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