Chip Sector Stock Outperforms

Oil prices are also suffering heavy losses

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MIDDAY MARKET CHECK     1/30/2020
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Stocks, Oil Remain Under Pressure By Josh Selway Share On The Dow Jones Industrial Average (DJI) continues to move lower today, as coronavirus headwinds linger on Wall Street. A number of big-name earnings releases remain in focus, too, including Facebook's (FB), which has the social media giant as one of the worst S&P 500 Index (SPX) stocks on the day. Meanwhile, oil prices are falling alongside equities, with March-dated crude futures last seen down 1.7% at $52.45 per barrel. Continue reading for more on today's market, including: The chip sector stock outperforming. A Dow component in focus after earnings. Plus, Nvidia options pick up; Casino stock jumps on Barstool buzz; and Cree stock craters. >> Continue reading...
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>> LYFT Moves Higher After Cutting 2% of Workforce The ride share company laid off 90 employees in an effort to achieve profitability by 2021 >> Coca-Cola Stock Surges to Record Highs on Blowout Earnings KO is enjoying the aftermath of its knock-out earnings report >> Lam Research Stock Outperforms After Earnings Traders were buying LRCX puts before the event >> Dow Futures Signal Lower Open Earnings and coronavirus news are in focus >> VZ Stock Shifts Lower on Mixed Earnings Reaction Verizon posted a profit miss Sponsored Maryland man who predicted Canada's No. 1 pot stock...is doing it again in America "This one $3 stock is set to generate $612 million in sales!" Click now to discover how YOU can profit from the No. 1 Pot Stock in America.
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