News Stocks 

Dow industrials end 1% lower as Boeing, J&J shares exact more than 220-point toll on the blue-chip index

“U.S. stocks finished near their lows of the session on Friday, with declines in Johnson & Johnson and Boeing Co. delivering the lion’s share of the pain for the Dow industrials” writes Mark Decambre for marketwatch.com. Dow components Boeing cut about 170 points from the price-weighted average, while J&J and shares exacted a 57-point toll on the index.The S&P 500 index SPX, -0.39% closed 0.4% lower at 2,986, while the Nasdaq Composite Index COMP, -0.83% ended 0.8% lower at 8,090. Boeing’s stock got slammed after the Federal Aviation Administration said…

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Markets News 

Dow transports on the brink of longest losing streak in about 10 years

“The Dow industrials, meanwhile, have lost about 0.2% since Feb. 21 (see chart below): By comparison, the last time the Dow transports fell for eight straight sessions, the Dow industrials shed nearly 7%” writes Mark Decambre for marketwatch.com. For one, Dow transports, have risen 12.5% so far in 2019, enjoying an even sharper year-to-date climb than the Dow industrials, with a gain of 10.6%.Dow transports DJT, -0.82% fell for an eighth straight session, matching a decline that ended Aug. 2, 2011.Moreover, during a lengthier 10-session skid for transports that ended…

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News Stocks 

Howard Gold: Stick with domestic and defensive stocks as S&P earnings growth slows

“With the Federal Reserve on hold for rate increases, that means earnings growth will be increasingly important in setting share prices” writes Howard Gold for marketwatch.com. In fact, the companies in the S&P SPX, +0.79%   just completed three consecutive quarters of 20%-plus year-over-year earnings per share growth.Fourth-quarter earnings are on track for a 13.2% gain, according to FactSet Research, a streak of double-digit earnings growth that goes back to the fourth quarter of 2017.At that point, interest rates, trade wars and government shutdowns aside, the best-performing stocks will be…

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Markets News Stocks 

After Boeing smashes earnings, industrials face one more key test

“Key player Boeing soared more than 6 percent in premarket trading on Wednesday after posting earnings that easily topped analyst estimates” writes unknown author for cnbc.com. WATCH: Why Airbus and Boeing dominate 99% of the large plane market. On Tuesday, two market watchers advised investors to hold off buying the sector until the noise settles and there’s a better read on the sector as a whole.The sector has surged more than 9 percent this year — the second-best performer behind only energy — and is on pace for its best…

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News Oil Stocks 

Industrials, tech lead US stocks higher ahead of elections

“Stocks tend to fall before midterm elections and then rally once the voting is over” reports thebusinessjournal.com. (AP) — U.S. stocks rose Tuesday as industrial and technology companies recovered some of the big losses they took over the last month.The midterm elections will determine control of the House of Representatives and Senate, and 36 governorships are being contested along with other state and local positions. Source: thebusinessjournal.com

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News Stocks 

Boeing’s stock delivers 60-point jolt to Dow industrials as Trump heralds revised trade deal with Canada, Mexico

“Eastern Time news conference in the Rose Garden described the revised North American Free Trade Agreement, referred to as USMCA, or the United States Mexico Canada Agreement, was a “truly historic” agreement” writes Mark Decambre for marketwatch.com. Multinational companies like Boeing, which tend to be the most vulnerable to trade disputes between the U.S., Canada, and China, for example.The Dow Jones Industrial Average was trading near session highs late-morning Monday as an 11th-hour agreement with Canada paved the way to a revised Nafta agreement, with shares of Boeing Co., delivering…

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News 

Split marks only first step in Thyssenkrupp renewal

“The split must now be officially approved by the supervisory board, worked out in detail, and then voted on by shareholders in 12 to 18 months’ time, Thyssenkrupp said” writes Midwest Communications Inc for 95kqds.com. Cevian, Thyssenkrupp’s second-largest shareholder, has long called for a broader overhaul of the sprawling group, saying virtually all divisions underperform their direct peers.”There may be a problem in that a break-up by itself doesn’t make the business more profitable,” Hechtfischer said. Source: 95kqds.com

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News 

Charting a bull-flag breakout attempt: Dow industrials challenge seven-month highs

“Technically speaking, the U.S. benchmarks have established a bullish September holding pattern, treading water even amid recently renewed China-U.S. trade tensions” writes Michael Ashbaugh for marketwatch.com. Against this backdrop, the Dow Jones Industrial Average is rattling the cage on a breakout — challenging seven-month highs — while the comparably softer Nasdaq Composite has narrowly maintained key trendline support. Source: marketwatch.com

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News Stocks 

Boeing’s stock knocks nearly 80 points off the Dow industrials in Wednesday trade

“The Dow DJIA, -0.44% was trading about 121 points, or 0.5%, lower at 25,120, with Boeing’s BA, -3.05% decline of $11.54, or 3.2%, cutting about 77 points from the equity gauge” writes Mark Decambre for marketwatch.com. The Dow Jones Industrial Average early Wednesday was trading firmly lower, with shares of component Boeing Co. delivering the stiffest headwind for the blue-chip benchmark.Meanwhile, the S&P 500 index SPX, -0.02% was trading flat at 2,818, while the Nasdaq Composite Index SPX, -0.02% was up 0.1% at 7,848, a day after seeing its biggest…

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