Category: Narrow

‘Narrow Market Breadth’ Could Kill the Stock Market Rally
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‘Narrow Market Breadth’ Could Kill the Stock Market Rally

The S&P 500 Index is up 1.4% this year, but without the top-five stocks, it’s down 5%. Alphabet, Amazon, Apple, Facebook, and Microsoft has returned 35% in 2020. New data suggest jobless claims are accelerating again as the United States struggles to contain Covid-19. Wall Street’s over-reliance on a handful of technology stocks could be…

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Dow Clings to Narrow Gains After Boeing Clips Wall Street’s Wings
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Dow Clings to Narrow Gains After Boeing Clips Wall Street’s Wings

The Dow clung to narrow gains on Monday morning after the ongoing Boeing scandal dashed any hope of a substantial rally predicated on a positive development in the US-China trade war. Dow Edges Higher Despite Struggles in Core Stock The US stock market’s major indices diverged on Monday. The Dow Jones Industrial Average clawed to…

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