News Regulators 

Dow retains afternoon slump as Trump says he isn’t ‘thrilled’ with Fed rate hikes

“The U.S. dollar, as gauged by the ICE U.S. Dollar Index DXY, -0.01% went from a gain of 0.4% before the president’s remarks to down 0.1% as of 1.24 p.m” writes Mark Decambre for marketwatch.com. However, asset moves were the most pronounced in the dollar and in benchmark 10-year Treasury rates, which are the most sensitive to rate-hike expectations.Trump said he wasn’t “thrilled” with the central bank’s interest-rate raises which have pushed the federal-funds rate to a range of 1.75% and 2%, with further hikes penciled in possibly for September…

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News 

Dow at risk of snapping a 5-day rally as consumer-staples, financials slide

“U.S. stocks opened lower Thursday, with the Dow Jones Industrial Average on the verge of ending a multisession rally as investors focused on quarterly earnings and fresh developments in disputes between the U.S. and its global trade partners” writes Mark Decambre for marketwatch.com. The technology-laden Nasdaq Composite Index was down 0.1% at 7,846, but not far off its record high set on Tuesday.The Dow DJIA, -0.57% was down nearly 60 points, or 0.2%, at 25,140, the S&P 500 index SPX, -0.55% was off 0.2% at 2,810, with a decline of…

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News Stocks 

Dow’s earnings reporters acting as a 20-point drag on the index

“And Travelers Companies Inc.’s stock TRV, -3.09% dropped 2.7% after earnings missed big, but revenue beat, to be about a 24-point drag on the Dow” writes Reporter Editor for marketwatch.com. AXP, -2.64% sank 3.2% in premarket trade, after the credit-card company beat earnings expectations but missed on revenue, which would shave about 21 points off the Dow’s price.International Business Machines Corp.’s stock IBM, +3.79% rallied 2.4% premarket after earnings and revenue beat expectations, which would add about 25 points to the Dow. Combined, those three stock was cut the Dow’s…

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News Stocks 

‘There’s not much to dislike’ about Dow stock Visa, says trader

“The trade: Gordon is suggesting selling the July 27 weekly 137/139 put spread in V for about $79 credit” writes unknown author for cnbc.com. This means that if Visa closes above $139 on July 27 expiration, then Gordon would make the $79 credit on the trade.TradingAnalysis.com founder Todd Gordon is betting on a bigger rally for the stock when it reports earnings next week.As a result, Gordon wants to sell the July 27 weekly 139-strike put and buy the July 27 weekly 137-strike put for a credit of 79 cents,…

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News Stocks 

Dow bucking downbeat trend, gains powered by rise in UnitedHealth and Boeing stocks

“The Dow Jones Industrial Average late-morning Wednesday was trading near its highest level of the session, with its gains powered by UnitedHealth Group Inc” writes Mark Decambre for marketwatch.com. UnitedHealth’s shares were up about $4.19, or 1.7%, while those for industrial giant Boeing were climbing by $3.88 or more than 1%.BA, +1.00% Shares of the UnitedHealth and Boeing were contributing a combined 54 points to the price-weighted Dow DJIA, +0.21% The benchmark most recently was up about 40 points, or 0.2%, at 25,159, trading near session highs. Meanwhile, the S&P…

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Markets News 

Dow edges higher, but energy sector is a drag on the broader market

“U.S. stocks traded mixed, with the Dow Jones Industrial Average inching up, but the broader market edged lower as a slump in the energy sector weighed” writes Anora M for marketwatch.com. Wall Street moves has been influenced by economic reports and earnings reports.Gains in the financials and industrials sectors, up 0.9% and 0.6%, respectively, were overshadowed by sharp losses in energy shares, down more than 1.2%.UAL, +5.92%  were up 5.8% after the airline reported better-than-expected second-quarter earnings late Tuesday and lifted its profit projections.Abbott Laboratories ABT, +3.07%  shares rose 2.8%…

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Markets News 

The Dow edges slightly higher, attempts longest win streak in about 2 months

“That said, a reading of housing starts came in weaker than expected” writes Mark Decambre for marketwatch.com. Shares in Morgan Stanley MS, +3.58% were also watched by market participants after the bank reported second-quarter earnings rose 39% from last year, beating analyst expectations.The announcement caps off second-quarter earnings from the six largest banks, which underscored strength in the economy.The Dow Jones Industrial Average inched higher early Wednesday and the broader market saw subdued action at the open, as investors awaited fresh impetus to push equities in either direction. Source: marketwatch.com Share…

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News Stocks 

Dow marks 4th straight gain as stocks finish broadly higher after Powell testimony

“The blue-benchmark’s gains were buoyed by a rally in component Johnson & Johnson JNJ, +3.54% which reported second-quarter earnings and revenue that were better than expected” writes Mark Decambre for marketwatch.com. Providing testimony in front of the Senate Banking Committee, Powell said the “best way forward is to keep gradually raising the federal-funds rate for now.”.  Source: marketwatch.com Share This:

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News Stocks 

J.B. Hunt’s stock rallies after earnings, revenue beat expectations

“JBHT, +0.81% rallied 3.3% in premarket trade Monday, after the trucking company reported second-quarter earnings and revenue that beat expectations” writes Reporter Editor for marketwatch.com. Revenue increased 24% to $2.14 billion from $1.73 billion, above the FactSet consensus of $2.06 billion, as revenue from all business segments topped expectations.The FactSet consensus for earnings per share was $1.28. The stock has climbed 33% over the past 12 months through Friday, while the Dow Jones Transportation Average DJT, +0.55% has gained 8.3% and the Dow Jones Industrial Average DJIA, +0.38% has advanced…

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