Dow Stock Soaring on 2 Bull Notes

Nike is giving the Dow an extra push midday

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MIDDAY MARKET CHECK     2/03/2020
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Dow Extends Gains as Nike Sprints Higher By Lillian Currens Share On Stocks are continuing their push higher this afternoon, with the Dow Jones Industrial Average (DJI) adding nearly 300 points by midday thanks to a continued lift from Nike (NKE), and the S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) sporting notable gains of their own. This, of course, follows Friday's massive drop, which was exacerbated by coronavirus headwinds. While some investors are taking profits on this huge drop, others on Wall Street are warning against buying the dip, as the Coronavirus continues to devastate China. In response, oil is eyeing another daily loss, as reports that Saudi Arabia is urging the Organization of the Petroleum Exporting Countries (OPEC) to make even deeper cuts to crude output, have surfaced. March-dated crude futures hit a new one-year low of $50.33 earlier, and were last seen down 0.9%, at $51.10.  Continue reading for more on today's market, including: How Nike stock is dominating the Dow today.   The double dose of bull notes that has Visa stock picking up steam. one of the latest post-earnings plummets. >> Continue reading...
LATEST HEADLINES
>> 2 Analysts Wax Optimistic on Surging Dow Name Visa stock has surged almost 50% year-over-year >> U.S. Stocks Begin February in Recovery Mode A handful of travel stocks move lower as virus death toll soars to 361 >> Nike Stock Runs Higher on Analyst Bull Note J.P. Morgan Securities just added Nike to its focus list and lifted its price target >> How Another VIX Surge Could Unfold How high could the VIX go next time volatility picks up? >> Coronavirus Ignites Triple Dose of Daily, Weekly Losses for Stocks Amazon shared a blowout earnings report Sponsored 5G Flaw Exposed: $5 Stock Holds Key To $12 Trillion Opportunity A devastating technical glitch could crush the next generation of wireless technology before it even launches. With trillions of dollars and millions of jobs at stake, one company with the "5G fix" could put as much as $234,770 in your pocket this year. But Wall Street vultures are circling... you'll need to move quickly or risk missing this $5 bargain Click here for details.
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