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MarketWatchMay 20, 2019
Market Snapshot: Stocks retreat as tech takes brunt of trade tensions
U.S. stocks retreat Monday, though off session lows, as souring U.S.-China trade relations continue to weigh on market sentiment with technology shares taking the brunt of the selling pressure.

MarketWatchMay 20, 2019
Metals Stocks: Gold posts a modest rise after ending last week at a 2-week low
Gold prices finish Monday with a modest gain after settling at a two-week low in the previous session, with both the dollar and stocks retreating.

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Reuters BusinessMay 20, 2019
Wall St. pressured as Huawei fallout worries spark tech sell-off
U.S. stocks dropped on Monday, as Washington's restrictions on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's two largest economies.

Google Business NewsMay 20, 2019
Slog AM: Seattle Has 56 People Running for City Council, A New Chicago Mayor, Sprint and T-Mobile Merger Approved by FCC - TheStranger.com
Slog AM: Seattle Has 56 People Running for City Council, A New Chicago Mayor, Sprint and T-Mobile Merger Approved by FCC  TheStranger.comSprint and T-Mobile merger may be back on track after FCC hints it will bless the deal  CNNFCC chairman backs T-Mobile, Sprint merger  CNBCT-Mobile(TMUS) Sprint (S) Deal: Stocks Soar on FCC Recommendation  BloombergStocks to Watch: Sprint, Caterpillar, Mylan, Coty, Tesla, Alphabet, Under Armour, Dish Network  The Wall Street JournalView full coverage on Google News

MarketWatch MarketPulseMay 20, 2019
Sprint's stock soars on heavy volume after FCC Chairman Pai said he plans to recommend T-Mobile U.S. merger
Shares of Sprint Corp. rocketed 24% in very active premarket trade Monday, after Federal Commission Chairman Ajit Pai said based on commitments made by the telecommunications company and its proposed buyer, T-Mobile U.S. Inc. , he plans to recommend that the companies' merger be approved. Trading volume for Sprint's stock topped 14.1 million shares, making it by far the most actively traded ahead of the open. T-Mobile's stock rallied 4.3% ahead of the open, on volume of 1.3 million shares. Among the commitments Pai said the companies made was to deplay a 5G network that would cover 97% of the U.S.'s population in three years and 99% in six years, including 85% of rural America in three years and 90% in six years. In addition, the companies have "guaranteed" that 90% of Americans would have access to mobile broadband service at speeds of at least 100 Mbps and 99% would have access to speeds of at least 50 Mbps. "Two of the FCC's top priorities are closing the digital divide in rural America and advancing United States leadership in 5G, the next generation of wireless connectivity," Pai said. Pai's comments come about a month after The Wall Street Journal reported that the Department of Justice told the companies that their planned merger is unlikely to be approved as structured. Shares of Sprint have gained 6.2% year to date through Friday and T-Mobile have advanced 18.5%, while the S&P 500 has tacked on 14.15.

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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Google Business NewsMay 20, 2019
Huawei ban poised to hit U.S. chipmakers as stock prices drop - NBC News
Huawei ban poised to hit U.S. chipmakers as stock prices drop  NBC NewsChips Lead Stock Market Lower As Huawei Sanctions Bite  Investor's Business DailyChipmaker stocks plunge on report that companies are dropping business with big customer Huawei  CNBCWall Street lower as tech stocks sell-off on Huawei fallout worries  Yahoo FinanceQualcomm Stock Slumps as Huawei Sanctions Hurt Chipmakers  TheStreet.comView full coverage on Google News

KiplingerMay 20, 2019
20 More Best Stocks to Buy That You Haven't Heard Of
The best stocks aren't always going to be the most familiar. But sometimes, investors confuse the two. Recognizability is a powerful thing - so much so that investors occasionally make the mistake of trusting that familiarity more than a company's underlying fundamentals. The sheer amount of attention an organization can garner really can dictate perceptions of how investment-worthy its stock is.

This approach won't always be met with disaster. Corporations that attract the attention of the media and stock pickers tend to do so for good reason. But if you make stock picks like that, you may inherently overlook some opportunities that simply haven't turned enough heads - yet.

People often associate obscure plays with small-cap stocks - smaller companies with market values of roughly between $300 million and $3 billion. But sometimes, even larger stocks aren't very visible because their businesses don't make for riveting, splashy headlines.

Last year, we introduced you to 20 unfamiliar companies. Today, let's meet 20 more of the best stocks to buy that are anything but household names. Some are merely small, while others operate in obscure markets. However, all of them are worth a closer look from investors aiming to back off from mainstream stocks that have gotten a bit overextended.

SEE ALSO: 20 of Wall Street's Newest Dividend Stocks


Reuters Company NewsMay 20, 2019
CEE MARKETS-Stocks join wider European fall, forint remains fragile
Central European stocks fell on Monday amid souring market sentiment after German chipmaker Infineon halted shipments to Huawei Technologies in the face of a U.S. crackdown on the Chinese firm, and Ryanair issued a profit warning. While Frankfurt's main stock index fell 1.8%

Reuters BusinessMay 20, 2019
Wall St. lower as tech stocks sell-off on Huawei fallout worries
U.S. stocks fell on Monday, as Washington's crackdown on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's two largest economies.

MarketWatch MarketPulseMay 20, 2019
Tesla's stock tumbles toward multi-year low after Wedbush slashes price target, again
Shares of Tesla Inc. tumbled 5.8% toward a 2 1/2-year low in morning trade Monday, after analyst Dan Ives at Wedbush slashed his price target, citing "major concerns" about the trajectory of the electric car maker's growth prospects. Ives kept his rating at neutral but lowered his price target to $230 from $275, less than a month after downgrading Tesla to neutral from buy and cutting his price target to $275 from $365. Ives said he also has concerns over underlying demand for lower-priced Model 3 cars, which is "putting more heat in the kitchen" for Tesla to cut expenses at an accelerated rate with profitability targets in the second half of the year, "a Kilimanjaro-like" uphill climb. The stock, which has traded at the lowest price seen during regular-session hours since Dec. 16, 2016, has plunged 40% year to date through Friday, while the S&P 500 has gained 13.3%.

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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