2019-04-12 09:35:10 | Stocks rise in early trading after big banks earnings, E&P megadealThe major averages are all higher in early trading, with the S&P retaking the 2,900 level after JPMorgan (JPM) and Wells Fargo (WFC) kicked off bank earnings season with better than expected results and Chevron (CVX) announced a huge deal to acquire Anadarko Petroleum (APC) in a stock and cash transaction valued at $33B, or $65 per share. In early trading, the S&P is up 17 points, the Dow is up 223 points and the Nasdaq is up 39 points. |
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