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Stocks turned in a mixed performance on Thursday, extending a winning streak for one major index and ending one for another, as investors digested a handful of noteworthy earnings reports and several key economic indicators.
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Investor's Business Daily on MSNDow Jones Leads Mixed Stock Market Action; Spotify, Microsoft, Visa In Or Near Buy ZonesThe Dow Jones led the mixed stock market action Thursday. Spotify, Microsoft and Visa are in or near buy zones.
Dow rises as Cisco and Amgen rally, but UnitedHealth drags after DOJ probe. Inflation cools, retail sales steady. Outlook hinges on Fed and tariffs.
Boeing shares got a small boost on media reports that China had lifted a ban on airlines there taking deliveries of the U.S. aerospace giant’s planes. According to reports, China removed those obstacles as part of Monday’s trade truce with the U.S. Boeing shares rose close to 2% in premarket trading Tuesday.
Stocks surged steadily on Monday after Wall Street got what it wanted on the tariff front. The Dow Jones Industrial Average was up 1,110 points, or 2.7%, in early afternoon trading. The S&P 500 was up 3.
EDT, the S&P 500 gained 1.58%, the Dow Jones Industrial Average rose 1.49%, the Nasdaq Composite surged 1.76%.
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News Corp beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by growth in its Dow Jones business and online real estate services, sending its shares up about 3% in extended trading.