Apple and Boeing are continuing to prop up the Dow midday, as the former snaps up a brand-new high
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| | 1/29/2020 | |
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Stocks Stay Steady Despite Semiconductor Slide | By Lillian Currens | | The Dow Jones Industrial Average (DJI) is holding steady on its morning gains, with a more than 100-point pop at the midway mark, as blue chips Apple (AAPL) and Boeing (BA) continue to prop up the index, with the iPhone manufacturer hitting an all-time high. Meanwhile, the S&P 500 Index (SPX) and the Nasdaq Composite (IXIC) are waffling near breakeven, with the former paring back gains after several semiconductor stocks, including Advanced Micro Devices (AMD), are making a sharp move lower. Continue reading for more on today's market, including:
- The FAANG stock getting blasted with bull notes ahead of earnings.
- Why the rumors surrounding L Brands are giving the stock a big boost.
- Plus, bulls bombard surging FEYE stock; LEE stock nearly doubles after buying Warren Buffett's news business; MMLP stock suffers post-earnings plummet.
| >> Continue reading... | |
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