Markets changed direction in the final minutes, pushing the Nasdaq to a new record and extending the Dow's win streak into day seven. Stocks spent the day mixed. Crude oil prices rose slightly despite an uptick in the number of active oil rigs in the U.S. in the past week. Activity is at its highest since October 2015. Boeing (BA) moved higher after President Trump made a speech on jobs and the military at a Boeing facility in South Carolina. Trump said the White House was considering a "big order" of Boeing Super Hornet jets, though didn't provide details. Japan's Softbank is reportedly considering giving up its control of Sprint (S) in order for a merger with T-Mobile (TMUS) to pass regulatory muster. Shares of Sprint and T-Mobile were both higher on the reports.
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
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.