Business

Dow Jones Today Opens Higher On China Trade Hopes; Apple Gets Price Target Hikes; These 4 Stocks May Offer Buys


The Dow Jones today opened with a record high Friday, along with the S&P 500 and the Nasdaq composite, on positive China trade-deal news and earnings.


The current stock market rally has had a huge run since early October, with China trade optimism a big factor.


But the Dow Jones today and the other major averages have been holding or extending record highs despite some mixed messages on China trade in recent days.


Apple stock edged lower initially, but then turned higher as Wedbush raised its price target to 325 from 300, saying the iPhone maker has "much more fuel left."


An FDA advisory committee voted unanimously to back Amarin touting Vascepa to lower the risk of heart attacks and other cardiovascular events, a potentially huge market.


Amarin stock, which had spiked 27% in the prior two sessions, climbed close to the 24.01 buy point of a cup base but erased most of the gain.






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