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Investors have spent much of this year dumping the dollar, but strategists at Citigroup are now calling a temporary time-out on that greenback hating. Having been bearish on the dollar DXY -0.35% , a Citi team led by Dirk Willer made a tactical argument for switching to neutral in the short-term, in note to clients released Thursday.
Asian shares are mostly higher after Wall Street rose to records following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies
Asian shares tracked Wall Street higher on Friday as still-strong U.S. economic data and robust corporate earnings offset tariff worries, while the yen headed toward a second successive week of loss ahead of Japan's upper house election.
Shares of Netflix were down about 2% at 5:44 p.m. New York time in extended trading. The stock has nearly doubled over the past year and the company’s market value tops $500 billion. That makes Netflix worth more than Walt Disney Co., Comcast Corp. and Warner Bros. Discovery Inc. combined.
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President Donald Trump sent the U.S. stock market on a jagged round trip after saying he had “talked about the concept of firing” the head of the Federal Reserve
The Nasdaq Composite rose to a record high on Thursday, with Wall Street's other major indexes also advancing, as strong economic data and positive earnings reports cheered investors.
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Investor's Business Daily on MSNNetflix Stock Dips On Modest Beat-And-Raise Earnings ReportNetflix edged above Wall Street's targets for the second quarter and guided higher than views for the current period. But Netflix stock fell late.
Disney CEO Bob Iger celebrated the company's 70th anniversary by opening the New York Stock Exchange trading session from Anaheim, California Thursday.