U.S. stocks snapped a five-session losing streak in a surprise late-stage comeback on Thursday. After steady losses over the past week, investors felt recent threats such as a possible Brexit may have been priced in. A Brexit would still have far-reaching consequences, though, among them a steep drop in the London Stock Exchange's FTSE 100. Morgan Stanley gives a Brexit a 55 percent chance and said the FTSE could drop 16 percent if it comes to pass. Viacom (VIAB) spiked on reports Sumner Redstone's National Amusements has sacked five directors, including CEO Phillipe Dauman from the board. Redstone's privately-held company is a controlling shareholder of the media conglomerate.
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Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.