Stocks are climbing at midday on strength in the semiconductor space
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| | 1/02/2020 | |
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Stocks Maintain Bullish Momentum In the New Year | By Josh Selway | | Stocks are continuing to climb at midday, as traders head into the new year on an optimistic note -- mostly thanks to fresh Chinese stimulus measures and a solid performance out of the semiconductor sector. The Dow Jones Industrial Average (DJI), in particular, is pacing for a triple-digit win today and already hit yet another intraday high, while the S&P 500 Index (SPX), and Nasdaq Composite (IXIC) aren't far behind. Continue reading for more on today's market, including:
- What traders can expect for the bull market in 2020, according to founder and CEO Bernie Schaeffer.
- Why Jefferies is calling this weed stock a top pick for 2020.
- Plus, JD.com eyes fresh highs; CEO buys SAVA stock; and DRRX shares slide on failed study.
| >> Continue reading... | |
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| SCHAEFFER'S MIDDAY MARKET CHECK |
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