Dow, S & P 500 hit record highs with Wall Street's commercial fears



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Here are 3 things to know about stocks right now

  • The Dow Jones Industrial Average it's gone and the S & P 500 Both indices have been propelled to new heights.
  • Tilray Inc. (TLRY) fell on Thursday and fell 17% after taking investors crazy in the previous session.
  • Amazon.com Inc. (AMZN) reported a 1.1% increase following a report that the company was considering a massive expansion of its non-cash stores.

Overview of Wall Street

The Dow Jones Industrial Average set a new record on Thursday, September 20th, the first since January, and the S & P 500 He also joined the party, establishing his own balance sheet as investors assessed the risk landscape as a result of rising bond yields and higher crude oil prices, and analyzed concerns over the trade war.

The Dow Jones Industrial Average at last check was up 0.88%, more than 230 points. The blue-chip index reached a new record of 26,654. The S & P 500 increased by 0.63%. His record for the session was 2,927. The nasdaq was up 0.86%.

World oil prices rose for three consecutive sessions with crude West Texas Intermediate, the benchmark US, exceeding $ 71 a barrel and approaching $ 80 for Brent, the European index, after stocks three and a half years.

WTI crude reversed the price on Thursday and slid 0.2% to 70.96 dollars a barrel.

Comcast Corp. (CMCSA), Walt Disney Co. (DIS) and Twenty-First Century Fox Inc. (FOX) will fight their $ 35 billion battle to become the owner of British Sky Plc. the most lucrative pay-TV channel, regulators said Thursday.

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Amazon.com Inc. (AMZN) is planning an aggressive plan to open up to 3,000 new AmazonGo no-till stores in the coming years, Bloomberg reported, citing people familiar with the material.

According to the report, the online retail giant plans to create about 10 sites by the end of 2018, about 50 sites in major metropolitan areas in 2019, and then 3,000 by 2021. The stock rose by 1.1%.

Amazon is a shareholder of Action Alerts PLUS member club Jim Cramer. You want to be alerted before Jim Cramer buys or sells AMZN? Learn more now

General Electric Co. (GE) fell 3.6% on Thursday after JPMorgan analysts reduced their rating on the troubled conglomerate, fearing that the launch of a gas turbine would harm GE's earnings.

Chief Analyst Stephen Tusa, who is underweight the stock, has reduced his price target to $ 10 per share, up from $ 11, reiterating concerns about the company's energy division.

Tilray Inc. (TLRY) fell 15.6% on Thursday after closing with a gain of more than 38% on Wednesday after an interview with the CEO of the cannabis company with Jim Cramer on his program "Mad Money" on CNBC.

Brendan Kennedy has introduced his Canadian cannabis business as a smart cover for the world's largest pharmaceutical companies.

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Darden Restaurants Inc. (DRI), the parent company of Olive Garden, posted a financial profit of $ 1.32 in the first quarter, ahead of estimates of $ 1.24. Same store sales increased 3.3% over the period, exceeding expectations by 2.1%. The stock fell 0.4%.

Red Hat Inc. (RHT) software company fell 5.9% after sales of $ 822.7 million in the second quarter and its third quarter guidance was not taken into account by the analysts.

Under Armor Inc. (UAA) announced on Thursday that it is revising upwards its adjusted earnings outlook in 2018, but has also announced a $ 10 million increase in expected restructuring charges related to a 3% reduction of its workforce. The stock was up 5.7%.

Micron Technology Inc. (MU) is expected to post quarterly results after the closing bell on Thursday.

In the United States, weekly unemployment data fell by 3,000 last week, falling to the lowest level since November 1969.

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