Q2 STOCKS TO BUY

Dow Tags Another High as S&P Lags

The Nasdaq reached an all-time high as well

Nov 5, 2019 at 4:30 PM
facebook X logo linkedin


The Dow recorded another all-time high again today, thanks to ongoing trade-deal hopes for the U.S. and China, along with strong showings for Boeing (BA) and Walgreens Boots Alliance (WBA), the latter of which rose on rumors of going private. Investors also had a busy round of economic data to consider, including the Job Openings and Labor Turnover Survey (JOLTS), which showed an 18-month low in job openings. While the Nasdaq was able to grab a new record high and a win of its own, the S&P 500 couldn't break out, settling in the red on the day.

Continue reading for more on today's market, including:

The Dow Jones Industrial Average (DJI - 27,492.63) rose 30.5 points, or 0.1%, to grab another record close. Half of the Dow's 30 components closed in the black, led by WBA's 2.6% spike. The biggest losers were Visa (V) and Pfizer (PFE), both of which lost 1.4% on the day.

The S&P 500 Index (SPX - 3,074.62) fell 3.7 points, or 0.12%, and the Nasdaq Composite (IXIC - 8,434.68) added 1.5 points, or 0.02%.

The Cboe Volatility Index (VIX - 13.10) added 0.3 point, or 2.1%

us stock market closing numbers nov 5

nyse and nasdaq stats nov 5

5 Items on Our Radar Today

  1. A United Nations study showed that the Trump administration's tariffs on China cost the Asian nation $35 billion in lost exports to the U.S. in the first half of the year. The report made clear that the tariffs were hurting both countries, since U.S. consumers were paying higher prices on goods. (Reuters)
  2. The Institute for Supply Management's (ISM) non-manufacturing index for October showed the services sector grew in the month, snapping back from a three-year low in the last reading. Measures for sales, new orders, and employment all improved month to month. (U.S. News)
  3. How these 2 stocks let down options trading post-earnings.
  4. The bull note that lifted Beyond Meat shares.
  5. Electric automaker Nio rallied on its big partnership with Intel.

corporate earnings nov 5

unusual options volume nov 5

Gold Hit Hard Amid Trade Hopes

Trade hopes again boosted oil prices. December-dated crude futures finished up 69 cents, or 1.2%, at $57.23 per barrel.

Gold fell again today, with the precious metal suffering its worst loss in over a month. By the close, December gold futures were off $27.40, or 1.8%, at $1,483.70 an ounce.

 
 

“Buy This Stock Now!” - Expert Who Called 11x On TSLA

He called a rare 11x on Tesla…

But now, thanks to Elon & Trump’s new alliance…

He says there’s a new opportunity that could be 1,000x BIGGER than Tesla – and it could completely revolutionize a $23 Trillion market.

It’s trading for less than $5 per share right now…

But it won’t be under the radar for long.

Discover The 1,000x Bigger Elon Opportunity Here

GRAND SLAM COUNTDOWN

 
 

Featured Articles from Trusted Partners:

👀Learn How Dividends Create Passive Income for Life
Receive $200 Off Motley Fool Epic. The Motley Fool Epic $299 discounted offer is based on $499/year list price. Introductory promotion for new members only. Take control of your money and your portfolio with Motley Fool Epic.

💵New Income System Could Pay You $4,243 Monthly
You could collect an average of $4,243 per month starting as early as next week with a new payout system for income investors. New registrations are being accepted for investors who want to be in a position to start with their first payout next week.

🚀Easy 92% Crypto Dividends (No Coins Required)
COIN stock doesn't pay a dividend... But there's actually a new way to collect a massive dividend that's indirectly based on the stock and offers a terrific monthly income (currently yielding nearly 92% on a forward basis).

🤝Free Advisor Match with Wiseradvisor.com
Don't leave your retirement to chance! Get matched with a trusted financial expert for FREE and make the most of your tax refund. Get started now.

⚠️Dennis Quaid's #1 Warning for Americans
Here's the thing: life doesn't come with guarantees. The economy shifts, markets stumble, and years of hard work could slip through your fingers like sand. But it doesn't have to be that way for you. So request a free copy of this Gold & Silver Guide that will arrive right to your doorstep when you act now.

 

 
 

Follow us on X, Follow us on Twitter