U.S. markets showed strength for the 4th-straight session following positive trade negotiations with China after the country offered a 6-year boost in imports. According to reports, China would increase its annual import of U.S. goods by a combined value of over $1 trillion. China pegged its proposal to buy more U.S. goods through 2024 in a deal that would aim to reduce that annual trade...
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Continue reading >>U.S. markets showed strength for the 2nd-straight session following better-than-expected earnings from the Financial sector that will be in focus throughout the week. The gains helped the major indexes edge closer to near-term resistance levels with the 50-day moving averages in play. The continued January rebound rally continues to look bullish with the major indexes also showing signs of...
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Department store operators like Macy's may be struggling after a weaker-than-expected holiday season, but other, more focused retailers are thriving, CNBC's Jim Cramer said Wednesday after a positive day for the major averages. "The department stores may be in rough shape here, but that's just because people are buying stuff online or from stores that are much more fun to shop at," he said....
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Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: General Motors Company (GM - Free Report): This company that designs, builds, and sells cars, trucks, crossovers, and automobile parts has seen the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days. General Motors Company Price and Consensus Sponsored Link: Tap Into a...
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