Sprint Stock Explodes Higher

All three indexes are brushing off coronavirus concerns

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MIDDAY MARKET CHECK     2/11/2020
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Stocks Snag Even More Record Highs Midday By Lillian Currens Share On Stocks have been mostly higher today, with the Nasdaq Composite Index (IXIC) and S&P 500 Index (SPX) both notching even more record highs, while the Dow Jones Industrial Average (DJI) hasn't been far behind. Trade bellwethers Caterpillar (CAT) and United Technologies (UTX) helped prop up the blue-chip index for much of the morning, but at last check stocks were paring their gains. Meanwhile, oil is recovering amid reports that coronavirus cases are slowing. At the halfway point, crude for March delivery is up 1.4% to trade at $50.30 per barrel.  Continue reading for more on today's market, including: How Under Armour stock slipped to the bottom of the New York Stock Exchange after earnings.  Behind Hasbro's mixed holiday-quarter earnings report.  Plus, options bulls bet big on LEVI; the federal ruling giving Sprint stock a big boost; and PHIO stock hits rock bottom.  >> Continue reading...
LATEST HEADLINES
>> Tailwinds May be in Store for this Software Stock Tailwind-inducing upgrades may be ahead >> Sprint Eyes Best Day Ever on T-Mobile Merger The $26 billion deal was approved by a federal judge >> Under Armour Stock Eyes New Lows After Forecast Cut Put traders are having a field day today >> Hasbro Stock Brushes Off Revenue Miss The firm posted better-than-expected fourth quarter earnings, but revenue that missed the mark >> Stock Futures Up; Traders Digest Powell Testimony The S&P is pacing for another high Sponsored Wall Street *hates* this formula... Wall Street wins when you lose. They hate this simple 5-step formula because it makes every trade a safe one... Click here to see this proven stock market formula.
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