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Dow gains more than 100 points but heads for losing week

Tiger Newspress2021-11-12

Stocks moved slightly higher Friday as Wall Street looked to end the week on a positive note after a historic inflation report.

The Dow Jones Industrial Average rose about 85 points. The S&P 500 and the Nasdaq Composite each added 0.1%.

Dow componentJohnson & Johnson saw its shares rise more than 1% following a Wall Street Journal report that the company is splitting in two. Johnson & Johnson is reportedly breaking off its consumer health division into a separate publicly-traded company.

The stock market appears to have withstood the hottest inflation report in 30 years released Wednesday. The major indexes are on track to close the week lower, but are still within striking distance of their recent records.

Randy Frederick, managing director of trading and derivatives for the Schwab Center for Financial Research, said that year-over-year comparisons to an abnormal 2020 and rising wages may have dented the reaction to the inflation report.

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评论25

  • robot1234
    ·2021-11-14
    Current market no longer cheap. More suitable for speculators and day traders instead of long term retail investors 
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    • robot1234
      Tks for sharing
      2021-11-17
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    • robot1234
      Tks for sharing
      2021-11-17
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    • EdithHardy
      WELL. it depends on which kind of stock you are willing to invest in ...
      2021-11-15
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  • Bull1973
    ·2021-11-14
    Good day
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  • JeremyKok
    ·2021-11-14
    Is it better to invest in S&P500 and STI ETFs when it dips and hold for the long term since market will always go up in the long term with dips in between? Do your own due diligence before you invest.
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    • WEHNg
      STI ETF heavily vested on the 3 local banks.
      2021-11-30
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    • 27098bda
      hard to time market, all in > dca proven
      2021-11-17
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    • Derrickhodl
      hodler
      2021-11-16
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  • rachoo
    ·2021-11-13
    oh
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    • Bull1973
      Ok
      2021-11-14
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  • Brisvegas
    ·2021-11-13
    ???
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  • 26629536
    ·2021-11-13
    Hmm
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    • 26629536
      [OK]
      2021-11-13
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    • 26629536
      [Applaud]
      2021-11-13
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    • 26629536
      [Heart]
      2021-11-13
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  • galvinpangg
    ·2021-11-13
    Some pullback is healthy
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    • Aoyjai
      Indeed
      2021-11-14
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  • ASMH
    ·2021-11-13
    Like 
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    • ASMH
      Li ke
      2021-11-14
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    • kenong62
      ok
      2021-11-13
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  • SPOT_ON
    ·2021-11-13
    Like n follow 
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    • SPOT_ON
      like 👍 👌 💛 😙
      2021-11-14
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-11-14
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    • kenong62
      ok
      2021-11-13
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  • Howrich
    ·2021-11-13
    Stay cautious 
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    • Pluto891
      agreed
      2021-11-13
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  • newwen
    ·2021-11-13
    Up
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    • EonWall
      hi
      2021-11-15
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    • newwen
      ppo
      2021-11-13
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    • Khoo12
      [Smile]
      2021-11-13
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  • LionKingAir
    ·2021-11-13
    Yes
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  • koolgal
    ·2021-11-13
    If Johnson & Johnson splits into 2, then it is very possible that the share price will go up further.  If so, it is a great time to buy! 🤔
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    • koolgal
      I am not sure but J&J just announced it.
      2021-11-14
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    • b1uesky
      any reason why it splits into 2 companies?
      2021-11-14
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    • koolgal
      Thanks
      2021-11-13
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  • JayD
    ·2021-11-12
    [微笑] 
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  • mintcookie
    ·2021-11-12
    Oh
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    • ClickLike
      buy buy buy
      2021-11-12
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  • Trentonyap
    ·2021-11-12
    Cool
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  • Tck
    ·2021-11-12
    [得意] 
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    • Tck
      2021-11-12
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  • TSLA玻璃手
    ·2021-11-12
    Stocks only go up!! [Grin] 
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  • CarmenSun
    ·2021-11-12
    Ok
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  • zhen130
    ·2021-11-12
    Pls like
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-11-14
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    • WWXY
      done
      2021-11-13
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