Tag Archives: Mergers

Your Monday Blip 10/26/20

Lack of a stimulus deal plus rising covid cases pushed stocks lower to open the trading week. German software giant SAP led tech stocks lower after the company lowered its full year revenue guidance due to the effects of the health crisis. At the close the Dow was down 650 at 27,685 on heavy trading…
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Your Monday Blip 9/14/20

Markets pushed higher at the open thanks to merger and vaccine news. At the close the Dow was higher by 327 points to 27,993. Trading volume was mixed. IBD continues to show the uptrend being under pressure. It was “merger Monday” as several Wall Street M&A deals were announced. Gilead Sciences is buying Immunomedics for…
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Your Monday Market Blip 6/10/19

After a dismal month of May in which the Dow dropped 6.7%, the month of June has seen the Dow gain over 5% so far. What sparked the May selloff was fears of an economic slowdown but when the Federal Reserve said it was “flexible” in its interest rate policy the markets saw this as…
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Your Monday Market Blip 10/24/16

Stocks rose on a deluge of corporate merger news. The Dow closed up 77 points to finish at 18,223. Trading volume was lower as stocks seem to be content to mark time within a narrow range as we head into the election. Tech stocks led markets higher thanks to earnings and a boost in target…
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