Pharma Stock Flying High After Earnings

Oil prices are extending their rally as rumors of a production cut circulate

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MIDDAY MARKET CHECK     4/24/2020
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Stocks Pivot Lower, Weekly Losses Loom By Jake Scott Share On The Dow Jones Industrial Average (DJI) is lower at midday, having pared away triple-digit gains from the morning. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) have also traded on both sides of the aisle today, while all three benchmarks cruise toward sizable weekly losses. Oil prices are so far clinging to gains though, with June-dated crude futures last seen up 3.2% at $17.05 per barrel. Elsewhere, the coronavirus death toll continues to climb in the U.S; Johns Hopkins University reports that fatalities have now surpassed 50,000, the most of any country in the world. Continue reading for more on today's market, including:  This French pharma stock has benefited from the COVID-19 crisis.  Continental Resources stock fell after ceasing shale production.  Plus, Pluristem options traders eye top; Chesapeake Energy unveils shareholder rights plan; and Wayfair stock stays hot after bull note. >> Continue reading...
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