Dow Surges 150 Points; US Consumer Sentiment Edges Lower
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 150 points on Friday.
Following the market opening Friday, the Dow traded up 0.39% to 46,542.50 while the NASDAQ rose 0.29% to 23,090.45. The S&P 500 also rose, gaining, 0.26% to 6,752.41.
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Read MoreStock market today: Dow, S&P 500, Nasdaq inch higher as shutdown drags on
US stocks moved higher on Friday as AI demand signals boosted some stocks and data-starved investors got a read on American consumer sentiment amid the ongoing government shutdown.
The Dow Jones Industrial Average (^DJI) added 0.3%, while the S&P 500 (^GSPC) nudged up around 0.1% and the tech-heavy Nasdaq Composite (^IXIC) rose 0.2%.
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Read MoreNASDAQ Index, S&P 500 and Dow Jones Forecasts – US Indices Continue to See Stability on Friday
Dow Jones 30 Technical Analysis
The Dow Jones 30 has bounced from a trend line during the early hours on Friday, and that of course is a good sign. So, with that being said, I think we will continue the overall uptrend, but I do recognize that there might be some noise here and there,
Read MoreNew report exposes 3 IRA and 401K mistakes that could cost you a fortune
Have you saved at least $200,000 in IRAs and 401Ks? And are you counting on this to help you pay for retirement?
If you’ve ever worried that it won’t be enough, you’re not alone.
According to the latest study from Allianz Life, 64% of Americans fear running out of money more than they fear death itself,
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Read MoreA Closer Look at Oracle’s Options Market Dynamics
In terms of liquidity and interest, the mean open interest for Oracle options trades today is 3174.12 with a total volume of 564,371.00.
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Read MoreThe Burst
Could Alphabet Become the World’s Largest Company
Alphabet (NASDAQ: GOOGL) is already a giant, but it may still be in the early innings of its growth story. With a market capitalization hovering just shy of $3 trillion, it is within striking distance of becoming the world’s next $4 trillion stock.
What makes this more than just speculation is that several potential roadblocks have recently cleared,
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Read MoreThe Ivy
Is This Robotics Firm a Giant In The Making?
Inside operating rooms across the globe, a revolution has been underway, one led by Intuitive Surgical (NASDAQ: ISRG).
Over the past five years, the company has more than doubled its profits, yet many argue that it’s still in the early innings of growth.
Key Points
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Intuitive Surgical has more than doubled profits in five years.
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Read MoreThe Spotlight
Could Peloton Stock Deliver a 3-Bagger Comeback?
Remember when Peloton (NASDAQ: PTON) was the crown jewel of lockdown-era stocks? In early 2021, shares soared above $160, but today, it’s trading below $7.
The plunge may be the death knell for most stocks but here’s what might surprise most investors, beneath the wreckage, there are signs of a quiet but serious transformation.
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