Behind the JNJ Stock Surge

The Dow is up over 440 points

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Midday Market Check
 
 

3/30/2020

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U.S. Stocks Expand Gains Midday on Surging Tech

By Laura McCandless

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The Dow Jones Industrial Average (DJI) is continuing its surge after a triple-digit open, expanding on Friday's weekly win for indexes. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also in the black, after social distancing measures were extended to April 30 by U.S. President Donald Trump on Sunday. Bracing for another volatile week, sentiment was also boosted by Johnson & Johnson (JNJ) announcing a lead vaccine candidate for the coronavirus, and an impressive lead out of tech giants Alphabet (GOOGL), Amazon (AMZN), and Microsoft (MSFT).

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

  • The beauty retailer in the spotlight.  
  • How Johnson & Johnson stock is topping the market. 
  • Plus, OMI's option volume surge; the rising REIT; and the gaming and hospitality name falling.
>> Continue reading...
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Last week's wild surge isn't over yet, it would seem
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