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Accomazzo made the comparison to the S&P 500 SPX, which sees large volumes of trading and is able to price in news very quickly. As a result, it's very hard for professional traders to beat the index.
While investor optimism sent the stock's price rallying, there are positions on the other side of the trade. Dusaniwsky noted that it's a crowded stock that's now "very squeezable" with a "squeeze" ...
2h
Investor's Business Daily on MSNStock Market Today: Dow Jones, S&P 500 Wobble After Sell-Off; Snowflake And A Retail Name Jump (Live Coverage)The Dow Jones and the major indexes started the day higher Thursday but slipped. Snowflake stock and two retailers jumped on ...
Stock futures moved lower Thursday after major indexes posted steep declines yesterday amid mounting concerns about the federal deficit as a budget bill works its way through Congress.
U.S. stocks settled lower on Wednesday, with the Dow Jones index falling more than 800 points during the session as investors ...
20h
Investor's Business Daily on MSNDow Jones Tumbles, Palantir Hit As Treasury Yields Spike; Snowflake Jumps Late With Tesla Killer DueStocks sold off Wednesday as Treasury yields soared. Nvidia, Palantir were losers. Still constructive? Snowflake led earnings ...
US stocks open lower. Target cuts sales outlook but Lowe's tops estimates. 30-year bond yield hits 5% and oil prices rise.
The stock-market selloff was picking up steam on Wednesday afternoon after a lackluster auction of 20-year Treasury notes sent yields surging. The Dow Jones Industrial Average was falling by more than ...
The Dow Jones Industrial Average extended its decline on Wednesday, soon after the results of a $16 billion sale of 20-year Treasury bonds came in. The Dow was down by more than 600 points, or 1.4%, ...
Financial markets are once again focused on Washington, D.C., but taxes, not tariffs, are driving recent price action.
Wall Street slumped under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S. government’s spiraling debt and other concerns. The S&P 500 fell 1.6% ...
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