News Stocks 

U.S. stocks set to notch first loss in 5 sessions as Trump ratchets up trade clash

“In economic reports, the June producer-price index rose 0.3%, as did the core PPI, which excludes volatile food and energy” writes Mark Decambre for marketwatch.com. Among notable stocks, Boeing Co.In corporate news, shares of industrials and materials stocks, the most vulnerable to trade spats, were lower. MMM, -1.06% were off 1.2% and Caterpillar Inc.’s shares CAT, -1.41% were 2.1% lower, in early morning trade Tuesday.The Dow Jones Industrial Average DJIA, -0.56% fell 166 points, or 0.7%, at 24,758, the S&P 500 index SPX, -0.50% declined by 0.5% at 2,778. Source: marketwatch.com…

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News Oil 

Oil prices could rally to $100 a barrel if Middle East tensions ‘really kick off,’ analyst says

“Oil prices could soon skyrocket to more than $100 a barrel amid escalating tensions in the Middle East, one oil analyst told CNBC Friday” writes unknown author for cnbc.com. “I don’t think its unfeasible to see triple-digit oil prices at some point this year if things really kick off in the Middle East,” Anish Kapadia, founder and managing director of Akap Energy, told CNBC’s “Street Signs” on Friday. Source: cnbc.com Share This:

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News Stocks 

Nasdaq’s 2.6% tumble intraday threatens to drag the tech-heavy stock index below a key trend line

“A sharp drop in technology stocks on Monday was threatening to push the Nasdaq Composite Index beneath a closely watched short-term trend line” writes Mark Decambre for marketwatch.com. All three benchmarks were under pressure amid a broad selloff in technology stocks, partly powered by concerns over how Facebook Inc.The Nasdaq COMP, -2.27% was off 2.6% in recent trade at 7,286, with a drop below its 50-day moving average at 7,283.90, providing a bearish signal for chart watchers.The S&P 500 index SPX, -1.77% also boasted a narrowly positive, year-to-date return, up…

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Markets News 

Asian shares mixed as benchmarks fall back after upbeat open

“Asian shares were mixed Monday after several markets ceded gains from upbeat openings that tracked Friday’s rally on Wall Street” reports foxbusiness.com. KEEPING SCORE: Japan’s benchmark Nikkei 225 finished flat at 23,629.34 and Hong Kong’s Hang Seng index lost 0.3 percent to 33,051.47.Investors were also cheered by President Donald Trump’s apparently more positive tone on international trade.The Shanghai Composite index lost nearly 1.0 percent to 3,523.00. Source: foxbusiness.com Share This:

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News Stocks 

Dow industrials swing lower—cough up big lead—as tech stocks come undone

“U.S. stock benchmarks retreated from record territory Wednesday afternoon as technology stocks came under selling pressure” writes Markets Reporter for marketwatch.com. The Dow Jones Industrial Average DJIA, +0.04% off nearly 41 points, or 0.2%, at 26,171, with shares of Apple Inc.All three equity benchmarks had set fresh all-time intraday highs near the start of trade but couldn’t maintain their momentum.Traders and strategist blamed the afternoon slide on Wednesday to exhaustion, after stocks have set repeated this year. Source: marketwatch.com Share This:

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News 

Here’s how Intel’s Spectre and Meltdown patch affects server CPUs

“Looking at the new benchmarks Intel shared today, the same is true on the data center side of things” reports slashgear.com. The good news is that for most tasks, Intel’s data center benchmarks don’t show a very big hit to performance.Last week, Intel shared initial benchmarks for its Spectre and Meltdown patch for recent consumer-focused Core i7 CPUs.Those benchmarks showed us the average performance hit we could expect when doing various tasks, with some tasks suffering a larger performance drop than others. Source: slashgear.com Share This:

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Intel reveals Meltdown and Spectre fix slow-down cost

“Relative performance was at (and sometimes above) 100% for many configurations, dipping down only a percentage point or two in some instances” reports slashgear.com. While Meltdown and Spectre are issues that absolutely need to be defended against, the looming slowdown that accompanied these patches was still a bitter pill for Intel users to swallow.Today Intel is sharing some initial benchmarks that show how these patches are affecting performance in PCs using the company’s CPUs.Specifically, these patches come with a performance hit for Intel systems, and in the lead up to…

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News Oil 

Oil Benchmarks Part Ways as Keystone Woes Push WTI Higher While Brent Stalls

“Brent crude’s modest gain came as traders paused ahead of next week’s crucial OPEC-led meeting of oil exporters” writes Paul Whitfield for thestreet.com. Benchmark oil prices headed in opposite directions Friday as supply issues pushed the U.S.’s West Texas Intermediate sharply higher, while international benchmark Brent Crude dipped as traders nervously eyed next week’s crucial OPEC meeting.TRP expects shipments along the pipeline, which transports oil to the U.S. from Canada, will be down about 85% over November. Source: thestreet.com Share This:

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VC Bill Gurley says investing in health care is ‘extremely dangerous,’ but he’s doing it anyway

“I’ve been spending a lot of time looking at health care, and it’s extremely dangerous” writes David Paul Morris for cnbc.com. Nonetheless, technology companies are pouring more resources into health care and wellness products.Americans spend nearly 1 in 5 dollars on health care, the Brookings Institution estimates.The Apple Watch has been discussed as a tool for health insurance administration and Alphabet’s Verily is undertaking an exhaustive health-care study.Venture capitalist Bill Gurley says he recently made two health-care investments even though he says the sector is filled with perils. Source: cnbc.com Share…

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