The Drug Stock That Jumped 31%

The "phase one" trade agreement failed to spark a big reaction in stocks

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MARKET RECAP     12/13/2019
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Dow Ekes Out Win as Trade Deal Details Emerge By Lillian Currens Share On The Dow cooled off today, following Thursday's big win, despite headlines that the U.S. and China agreed to a "phase one" trade deal. The agreement, which will ease back some U.S. tariffs on Chinese goods, and boost Beijing's purchases of U.S. agricultural products, left Wall Street unimpressed however, as many felt the details of the deal were too mild. The S&P and Nasdaq also remained flat for most of the day, though all three indexes notched gains for the week. Continue reading for more on today's market, including:. Why this drug stock surged 31%. Bulls bombarded this software stock after earnings.  Plus, SNAP snags a bull note; analysts chime in on 2 chip stocks; and AVGO enters the earnings confessional.  >> Continue reading...
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