The Dow Jones futures fell moderately on Friday morning, along with the S & P 500 futures and Nasdaq futures. The 2019 stock market rally was launched on Thursday, bouncing back from solid intraday losses despite a retail defeat yielded by Macy & # 39; s (M). Netflix shares gathered at the start of Friday with a pair of analyst updates. Activision's shares collapsed after the videogame producer concluded a partnership with Bungie and sold its "Destiny" franchise. Meanwhile, Brazil has established the strategic alliance of Boeing-Embraer, giving the giant Dow Jones a share of 80% in the commercial aviation division of Embraer (ERJ).
Netflix (NFLX) is reporting a move above its 200-day moving average, trying to be the first FANG stock to do so, although Amazon.com (AMZN) is near. Activision Blizzard (ATVI) was approaching its rapid 50-day line. Boeing (BA) claimed the 200-day line during Thursday's session following an analyst update and a report that the Air Force will accept the delivery of the faulty tanker aircraft of Boeing.
Dow Jones Futures Today
Dow Jones futures decreased by 0.2% relative to fair value. S & P 500 futures lost 0.3%. The Nasdaq 100 futures fell by 0.4%. Remember that nighttime action in Dow futures and elsewhere does not necessarily translate into actual trading in the next regular stock market session.
The 2019 stock market continues to climb
The Dow Jones rose 0.5% on Thursday's stock market trading, bouncing back from solid intraday losses. The S & P 500 index recorded a 0.45% improvement and the Nasdaq composite 0.4%. The Dow Jones, S & P 500 and particularly the Nasdaq index are approaching 50-day moving averages.
Last Thursday, UBS analyst Eric Sheridan late Thursday upgraded Netflix shares to a purchase, increasing its price target to 410 from 400. He cited growth, content and other positive aspects of subscribers, especially after several months of underperformance. On Friday morning, Raymond James updated Netflix. Morgan Stanley has slightly reduced its price target.
Netflix shares increased by 2.9% in the early stages of commercialization to 334. This is just above the 200-day moving average. On Thursday, Netflix rose 1.5% to 324.66. Amazonia stocks fell by a fraction of 1,656.22, suspended just below the 200-day line. The shares of Netflix, the shares of Amazon and other FANG have already recovered their 50-day lines.
Netflix's earnings are expected next week.
Activision Blizzard will stop working with the Bungie video game developer, ending a partnership back in 2010. Bungie will have full control of the famous "Destiny" series.
Activision shares decreased by 6.8% in advance. While stocks rebounded from Christmas, they closed 39% on Thursday compared to their October 1 peak.
Boeing-Embraer Deal OK & # 39; d
Brazil approved a Boeing-Embraer joint venture of the Brazilian company's commercial aircraft division. Boeing will pay Embraer $ 4.2 billion for an 80% stake.
Embraer shares increased 9% early on Friday. Boeing shares fell 0.3% at the start of Friday. On Thursday, the shares of the aerospace giant Dow Jones rose 2.55% to 352.61, regaining the 200 day line after passing the 50-day line on Tuesday. relative strength line which replicates the performance of a stock compared to the S & P 500 index, reached a new high Thursday
Boeing operated Thursday after Morgan Stanley upgraded it overweight with a price target of 450. In another positive title, the Pentagon would accept the defective Boeing oil tanker.
At the start of the week, investors learned that the Boeing jet orders were on top of those of the Archrival Airbus (EADSY).
on a consolidation acquisition point 394.38.
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