Today’s live updates on the stock market

US stock market closes up after four-week winning streak The Dow Jones Industrial Average rose on Friday, continuing its winning streak for the fourth week in a row. The 30-stock Dow increased by 117.12 points, or 0.33%, closing at 35,390.15. At the same time, the S&P 500 ticked higher by 0.06% to end at 4,559.34,…

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iRobot, Nvidia, Apple and other companies

iRobot, Nvidia, Apple, Walmart, Target, Amazon, Best Buy, and Fisker are all making headlines in the pre-market trading session. Shares of iRobot surged 30% after a report from Reuters, citing sources familiar with the matter, said that Amazon is close to receiving regulatory approval in the European Union for its $1.4 billion acquisition of the…

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Morgan Stanley’s strategy for navigating a sluggish, ‘late-cycle’ economy: Insights into their stock playbook

Investors Advised to Seek Safer Hideaways in Late-Cycle Market Environment, says Morgan Stanley According to a note from Morgan Stanley analyst Andrew Pauker, as economic activity reaches its peak, investors should consider defensive sectors such as health care and utilities as safer options in the market. Pauker suggests that current leading macro data and the…

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