The Dow has added roughly 350 points by midday
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| | 2/26/2020 | |
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Stocks Stage Rebound Following Two-Day Skid | By Lillian Currens | | The Dow Jones Industrial Average (DJI) is deep into triple-digit territory at midday in a effort to recoup the two-day slide that devastated the blue chip index. Meanwhile, strong gains in the finance and healthcare sectors are giving the S&P 500 Index (SPX) a boost, with the former getting a lift from a bounce-back in the 10-year Treasury yield. The Nasdaq Composite (IXIC) is also attempting a rebound at the midway mark, led by big gains from FAANG stocks. In other news, Wall Street is looking ahead to U.S. President Donald Trump's conference addressing the coronavirus, slated for this evening at 6 p.m ET. Continue reading for more on today's market, including:
- Lowe's takes a turn in the earnings confessional.
- The restaurant stock feeling post-earnings pressure today.
- Plus, options pop on MGM stock; Sellas stock surges on positive drug data; and APM stock hits all-time low.
| >> Continue reading... | |
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