Date: Thursday, January 9th, 2020
Source: Barron’s (https://www.barrons.com)
Summary: The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all rose as U.S. tensions with Iran seemed to abate. Advanced Micro Devices stock rose to a record high.
Full article address: https://on.barrons.com/2NbMUPF
$SPX $DJIA $COMP: Powell’s statement represents the strongest signal yet that the Fed might reduce interest rates to blunt the impact of the virus on the domestic economy, though a degree of uncertainty remains.
$GILD $GS $INTU $HPQ $XRX: A recent study shows that pot use by those over 65 nearly doubled fromn 2015 to 2018, while the share of seniors who acknowledged cannibis use soared by 75%. The danger: an increase in both alcohol and pot use.