Signal Says Bet On This Oil Stock

All three benchmarks nabbed big weekly wins

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Market Recap
MARKET RECAP
 
 

1/10/2020

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Stocks Pivot Lower, Nab Weekly Wins

By Patrick Martin
Share On

The Dow limped into the weekend with a triple-digit loss, despite crossing a historic milestone earlier in the day. After toppling the 29,000 level for the first time ever and nabbing a new record high, the blue-chip index pivoted lower as a lackluster jobs report weighed on Wall Street. The S&P 500 and Nasdaq nabbed record highs of their own, but also ended the day in the red. Nevertheless, all three benchmarks walked away with weekly wins, the Nasdaq's fifth straight. 

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

  • This could be the next oil stock to surge.
  • Nvidia stock grabbed new highs after a Citigroup bull note.
  • Plus, NKTR expands collab with BMY; GrubHub squashes sale rumors; and breaking down URBN's drop.
>> Continue reading...
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>> Wall Street Shakes Off Iran Tensions, Nabs New Highs
Iran headwinds eventually faded later in the week
>> The Next Oil Stock Set to Surge
U.S.-Iran tensions have sent energy stocks on a rollercoaster start to 2020
>> Dow Hits Fresh High, 29K Before Cooling Off
The Dow nabbed a new high atop the 29,000 region, before eventually sliding lower
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