Red-Hot E-Sports Stock Isn't Done Climbing

Wall Street's "fear gauge" logged its lowest close in over a month

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Market Recap
 
 

1/17/2020

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Stocks Close Out Perfect Week With Record Highs

By Patrick Martin

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The Dow eked out a win today and capped off a perfect week with a fresh record high. As it's done all week, upbeat economic data and corporate earnings fueled today's gains, with oil stock Schlumberger (SLB) the most recent example of the latter. The S&P 500 and Nasdaq both finished higher as well, and all three benchmarks secured solid weekly wins. As U.S. equities soared, Wall Street's "fear gauge," the VIX, logged its lowest close in over a month. 

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

  • This red-hot e-sports stock isn't done climbing. 
  • InVitae stock just flashed a "sell" signal.
  • Plus, sale rumors swirling for TWOU; a bear note for TWTR; and Gap ditches spin-off.
>> Continue reading...
LATEST HEADLINES

>> Earnings, China Deal Signing Guides Stocks to Fresh Highs
Traders were greeted with some M&A buzz, too
>> Option Bulls Go Wild for 2U on Sale Buzz
Bloomberg tweeted that the firm is weighing a potential sale
>> Red-Hot E-Sports Stock Isn't Done Climbing
SE options are attractively priced at the moment
>> Short Sellers Surround Biotech as "Sell" Signal Sounds
InVitae's recent rally looks short-lived
>> Stocks Pare Gains After Fresh Highs
The Dow and its peers are back near breakeven at midday
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