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Benzinga 01/24/2020 14:44
Toward the end of trading Friday, the Dow traded down 0.90% to 28,896.48 while the NASDAQ fell 1.2% to 9,289.59. The S&P also fell, dropping 1.18% to 3,286.22. Leading and Lagging Sectors. Utilities shares slipped by just 0.05% on Friday. Meanwhile, top gainers in the sector included PG&E Corporation (NYSE: ), up 3%, and Pure Cycle Corporation (NASDAQ: ), up 2%. In trading on Friday, financial shares fell 1.8%. Top Headline. American Express Company (NYSE: ) reported better-than-expected results for its fourth quarter on Friday. American Express reported fourth-quarter earnings of $2.03 per share, which beat the analyst consensus estimate of $2.01. The company reported quarterly sales of $11.365 billion, which beat the analyst consensus estim.
OilPrice.com 01/24/2020 14:00
To riff on an old joke about comedy, the secret to success in trading is ………….. timing. It is sometimes hard for people to grasp, but what you buy or sell is in many ways less important than when you buy or sell it. Being right in the long term does you no good if you are forced out of the position because you are very wrong in the short term. That is worth remembering when it comes to crude oil right now.To anyone like me with a penchant for the contrarian like me, this chart is catnip. I mean, look at that big collapse…the…
Benzinga 01/23/2020 14:34
Toward the end of trading Thursday, the Dow traded down 0.18% to 29,134.87 while the NASDAQ rose 0.09% to 9,392.18. The S&P also fell, dropping 0.04% to 3,320.36. Leading and Lagging Sectors. Industrial shares climbed 0.8% on Thursday. Meanwhile, top gainers in the sector included GATX Corporation (NYSE: ), up 9%, and Atento S.A. (NYSE: ), up 6%. In trading on Thursday, health care shares fell 0.7%. Top Headline. Procter & Gamble (NYSE: ) reported better-than-expected earnings for its second quarter, while sales missed estimates. Procter & Gamble reported second-quarter earnings of $1.42 per share on Thursday, which beat the analyst consensus estimate of $1.37. The company reported quarterly sales of $18.24 billion, which missed the analyst c.
MarketWatch 01/23/2020 11:06
Oil prices pared some of their earlier losses on Thursday after weekly data from the Energy Information Administration revealed that U.S. crude supplies fell by 400,000 barrels for the week ended Jan. 17. Analysts polled by S&P Global Platts forecast a rise of 500,000 barrels, while the American Petroleum Institute on Wednesday reported an increase of 1.6 million barrels, according to sources. EIA and API data were each released a day later than usual because of Monday's Martin Luther King Jr. holiday. The EIA data also showed a supply climb of 1.7 million barrels for gasoline, but distillate stocks declined by 1.2 million barrels. The S&P Global Platts survey had shown expectations for an increase in supplies of 3.3 million barrels for gas.

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