Blue Chip Stock Scaling Dow

Johnson & Johnson is the top Dow stock today after a post-earnings surge

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MIDDAY MARKET CHECK     4/14/2020
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Stocks Climb as Nasdaq Eyes Four-Day Win Streak By Jacob Scott Share On The Dow Jones Industrial Average (DJI) has pared yesterday's losses and is up nearly 400 points at midday. Today's rise is powered by earnings results from blue-chips, as well as investor optimism surrounding the coronavirus outlook, despite the number of cases continuing to rise globally. The S&P 500 (SPX) and Nasdaq Composite (IXIC) are also confidently higher, with all three benchmarks logging midday gains of 1% or more, and the tech-heavy latter heading toward its fourth straight win.  Continue reading for more on today's market, including:  See why Johnson & Johnson stock is scaling the Dow today. Digital subscriber surge hurts News Corp stock. Plus, Virgin Galactic calls rule the roost; Carnival Cruise stock reverses fortunes; and EOG dinged by price-target cut. >> Continue reading...
LATEST HEADLINES
>> Puts Pop on GSX After Short Seller Slams Stock Citron called for GSX Techedu's stock to be halted and investigated >> BTI Stock Up In Smoke on DoJ, OFAC Investigation British American Tobacco is being investigated for potential sanction breaches >> Johnson & Johnson Stock Jumps on Earnings Beat Johnson & Johnson reported a Q1 earnings and revenue beat >> News Corp's Ad Revenue Takes a Hit as Digital Subscribers Surge The Wall Street Journal parent expects its ad revenue to take a hit in direct response to the coronavirus pandemic >> Dow Futures Propped Up by Blue-Chip Earnings Johnson & Johnson and J.P. Morgan Chase both reported earnings this morning Sponsored Why New Cash Law Will Be Disaster for Savers Financial experts warns..."It's going to be an irreversible disaster for millions..." Financial Forecasting Genius Dan Denning reveals his next prediction. Read the full story here.
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