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MarketWatch Breaking NewsJan 29, 2020
Investors are sending Boeing stock up, ignoring a 'sea of red ink' in earnings
Investors are sending Boeing stock up, ignoring a 'sea of red ink' in earnings

Reuters BusinessJan 29, 2020
Wall St. edges higher on Apple, Boeing strength; Fed in focus
U.S. stock indexes edged higher on Wednesday, boosted by gains in Apple, Boeing and General Electric following their results, while investors assessed the economic damage of the fast-spreading coronavirus outbreak.

The Motley FoolJan 29, 2020
2 of the Best Healthcare Stocks to Buy Today
These stocks offer investors good value and have potential to grow.

The Motley FoolJan 29, 2020
3 Things Investors Will Be Watching When Amazon Reports Earnings
Growth initiatives are currently weighing on the e-commerce giant's performance, but not for long.

MarketWatch MarketPulseJan 29, 2020
Dow opens 200 points higher as coming Fed policy update and corporate earnings overshadows coronavirus spread
U.S. stock indexes opened solidly higher Wednesday morning as investors awaited a fresh update from the Federal Reserve and pushed concerns about a fast-moving Asian influenza to the back burner. The Dow Jones Industrial Average climbed 208 points, or 0.7%, at 28,933, powered partially by solid earnings from the likes of Apple Inc. and Boeing Co. , which delivered their quarterly results within the past 24 hours. The S&P 500 index was up 15 points, or 0.5%, at 3,291, while the Nasdaq Composite Index advanced 47 points, or 0.5%, at 9,315. The rate-setting Federal Open Market Committee is set to issue a policy statement at 2 p.m., with a news conference from Fed Chairman Jerome Powell to follow a half-hour later. Investors aren't expecting any moves at key interest rates, which stand at a 1.50-1.75% range, but will be eager to here the central bank's outlook for the domestic economy and the potential impact of coronavirus. According to reports the novel coronavirus, which has drawn comparisons with SARS, severe acute respiratory syndrome, has claimed 132 lives, with more than 5,300 infected, according to some reports. The illness comes at a crucial holiday time for China, the Lunar New Year, and is expected to dent growth in the world's second-largest economy. In company news, shares of Boeing were higher even as the aeronautics and defense contractor swung to a loss of $2.33 per share, excluding non-recurring items, versus the FactSet consensus of $1.32 earnings per share, due to its problems with the 737 MAX jet. Apple Inc.'s shares, meanwhile, were headed higher after reporting better-than-expected results.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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