U.S. markets showed strength throughout Tuesday’s session as better-than-expected earnings and mostly positive economic news helped fuel the rally. The gains propelled the S&P 500 and Nasdaq to fresh record closes as both indexes came within 5 points of setting all-time highs.The Russell 2000 showed the most strength after zooming 1.6% and testing a session high of 1,587. Prior and...
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U.S. markets showed strength throughout Thursday’s session while settling the week mostly higher. The small-caps struggled and closed on the opposite side of the action after testing a lower low to end the shortened week lower.Much of the news was dominated by the DOJ’s redacted version of the Mueller report with the market more focused on ongoing U.S. / China trade negotiations and all-time...
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U.S. markets showed strength throughout Thursday’s session while settling the week mostly higher. The small-caps struggled and closed on the opposite side of the action after testing a lower low to end the shortened week lower.Much of the news was dominated by the DOJ’s redacted version of the Mueller report with the market more focused on ongoing U.S. / China trade negotiations and all-time...
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Citi downgraded Morgan Stanley to neutral from buy on Thursday, saying the stock is “fairly valued.”Morgan Stanley posted better-than-expected first-quarter results Wednesday thanks to the growth in wealth management and fixed-income trading, sending its shares 2.6% higher. Citi thinks that after the earnings boost, Morgan Stanley’s stock is in line with its target and has little room to...
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