The Real Value of the Dow Right Now

A C-suite shakeup has GOOGL in focus today

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12/04/2019
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Stock Futures Signal Rebound on Upbeat Trade Reports

By Patrick Martin
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After the market spent the last three days swimming in red ink, Dow futures are poised for a triple-digit bounce-back today. A Bloomberg report cited sources that claimed the U.S. and China were making progress toward a "phase one" deal, assuaging concerns that tensions between the two sides had intensified. Elsewhere, investors are unpacking the latest ADP employment report, which showed private payrolls rose by a weak 67,000 in November, far short of the 150,000 consensus estimate. 

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

  • The Dow's not at new highs if you look beyond the dollar, according to Schaeffer's Senior Quantitative Analyst Rocky White.
  • These two stocks moved in opposite directions yesterday.
  • Plus, Campbell Soup dinged by sales forecast; Mastercard increases quarterly dividend; and Alphabet's C-suite shakeup.
>> Continue reading...
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