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Metal worker Andy Mattingly operates a siphoning crucible in the pot room at Century Aluminum Company in Hawesville, Kentucky, May 14, 2019. Bryan Woolston | Reuters An update on manufacturing activity Friday could provide a much more useful picture of the economy than the October employment report, which is expected to be unusually weak due
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A Delta Air Lines jet taxis beyond parked Southwest Airlines planes at McCarran International Airport September 12, 2005 in Las Vegas, Nevada. Ethan Miller| Getty Images Here are the biggest calls on Wall Street on Friday: Citi initiated Delta Airlines & United Airlines as ‘buy’ Citi initiated several airline stocks and said it liked Delta’s
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Chipotle restaurant workers fill orders for customers in Miami. Getty Images The stronger-than-expected October jobs report and big revisions to prior months shows that the labor market is resilient and that should encourage the Fed to stay on the sidelines. The economy added 128,000 jobs in October, despite the negative impact of 42,000 striking General
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U.S. equities, including transportation stocks, were rallying to new record highs on Friday, pushing the S&P 500 up and over the 3,050 level for the first time. The move exits a long consolidation range going back to July and comes in the wake of better-than-expected employment data and a better-than-feared manufacturing report for October. Nonfarm
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An Exxon Mobil station in Cincinnati, Ohio. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Exxon Mobil — Shares of Exxon Mobil climbed more than 2.5% despite the international petroleum giant reporting earnings down 49% in the third quarter. Investors appeared reassured by CEO Darren Woods’s comments
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Back in July, I wrote that Aurora Cannabis (NYSE: ACB) had a cash burn problem. In the past week, it has become painfully clear HEXO (NYSE: HEXO) stock has one too. Source: Shutterstock The HEXO stock price has tanked another 22.8% in the past two weeks. Unfortunately, analysts are not recommending investors buy the dip
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