{"id":42550,"date":"2019-11-07T12:34:55","date_gmt":"2019-11-07T17:34:55","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=42550"},"modified":"2019-11-07T12:34:55","modified_gmt":"2019-11-07T17:34:55","slug":"the-dow-jones-industrial-average-the-sp-500-and-nasdaq-surge-to-intraday-record-highs","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/the-dow-jones-industrial-average-the-sp-500-and-nasdaq-surge-to-intraday-record-highs-42550","title":{"rendered":"The Dow Jones Industrial Average, the S&#038;P 500 and Nasdaq surge to intraday record highs"},"content":{"rendered":"<div>The Dow Jones Industrial Average, the S&amp;P 500 and Nasdaq surged to intraday record highs Thursday after China and the U.S. agreed to roll back tariffs on each other&#8217;s goods in phases as they work toward a trade pact. In addition; XRX, QCOM, AAPL, and MSFT are reaping the rewards of this trending upswing.<\/div>\n<p>The Dow, which closed flat on Wednesday, at last check was up 230 points, or 0.84%, to 27,722.89. The S&amp;P 500 was up 0.53% to 3.093.05, and the Nasdaq climbed 0.74% to 8,472.74.<\/p>\n<p><strong>Shares of Xerox Holdings Corporation (XRX)<\/strong> opened at $38.03 and last traded at $37.51. More than 2,622,848 shares exchanged hands compared to an average daily volume of 2,032,207 shares. At the current pps, the market capitalization stands at $8.397B.<\/p>\n<p>So whats the buzz ?<\/p>\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/xerox-restructures-fujifilm-relationship-receive-060000086.html\"><strong>Xerox Restructures FUJIFILM Relationship, Will Receive $2.3B from Related Transactions<\/strong><\/a><\/p>\n<p>Xerox Holdings Corporation (XRX) has received an average target price from analysts of $38.00 amounting to a recommendation rating of Hold. That comes from 7 different analysts. Perhaps, the driver for that assessment comes from the company&#8217;s valuations. Drilling down a bit further, this quarter, we are looking at an average estimate from analysts for earnings per share level of 5.00. That shift to 5.00 heading into next quarter.<\/p>\n<p><strong>Shares of QUALCOMM Incorporated (QCOM)<\/strong> opened at $89.83 and last traded at $91.26. More than 19,096,112 shares exchanged hands compared to an average daily volume of 7,121,432 shares. At the current pps, the market capitalization stands at $105.039B.<\/p>\n<p>So whats the buzz ?<\/p>\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/qualcomm-earnings-release-available-companys-211600437.html\"><strong>Qualcomm Earnings Release Available on Company&#8217;s Investor Relations Website<\/strong><\/a><\/p>\n<p>QUALCOMM Incorporated (QCOM) has received an average target price from analysts of $89.23 amounting to a recommendation rating of Overweight. That comes from 28 different analysts. Perhaps, the driver for that assessment comes from the company&#8217;s valuations. Drilling down a bit further, this quarter, we are looking at an average estimate from analysts for earnings per share level of 20.00. That shift to 20.00 heading into next quarter.<\/p>\n<p><strong>Shares of Apple Inc. (AAPL)<\/strong> opened at $258.74 and last traded at $259.18. More than 11,242,035 shares exchanged hands compared to an average daily volume of 26,934,518 shares. At the current pps, the market capitalization stands at $1.173T.<\/p>\n<p>So whats the buzz ?<\/p>\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/apple-commits-2-5-billion-110000456.html\"><strong>Apple Commits $2.5 Billion to Combat Housing Crisis in California<\/strong><\/a><\/p>\n<p>Apple Inc. (AAPL) has received an average target price from analysts of $250.66 amounting to a recommendation rating of Overweight. That comes from 42 different analysts. Perhaps, the driver for that assessment comes from the company&#8217;s valuations. Drilling down a bit further, this quarter, we are looking at an average estimate from analysts for earnings per share level of 38.00. That shift to 36.00 heading into next quarter.<\/p>\n<p><strong>Shares of Microsoft Corporation (MSFT)<\/strong> opened at $143.84 and last traded at $144.59. More than 6,959,292 shares exchanged hands compared to an average daily volume of 23,749,810 shares. At the current pps, the market capitalization stands at $1.097T.<\/p>\n<p>So whats the buzz ?<\/p>\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/microsoft-announces-capabilities-seamless-smart-130000908.html\"><strong>Microsoft announces new capabilities for a seamless, smart and secure IoT world<\/strong><\/a><\/p>\n<p>Microsoft Corporation (MSFT) has received an average target price from analysts of $161.48 amounting to a recommendation rating of Buy. That comes from 32 different analysts. Perhaps, the driver for that assessment comes from the company&#8217;s valuations. Drilling down a bit further, this quarter, we are looking at an average estimate from analysts for earnings per share level of 30.00. That shift to 29.00 heading into next quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average, the S&amp;P 500 and Nasdaq surged to intraday record highs Thursday after China and the U.S. agreed to roll back [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":42551,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[],"stock_ticker":[13669,13667,13648,13690,14097,14098],"class_list":["post-42550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","stock_ticker-aapl","stock_ticker-msft","stock_ticker-nasdaq","stock_ticker-nyse","stock_ticker-qcom","stock_ticker-xrx","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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