Categories: world

P & G, McDonald's Power Dow Rebound as Investor's Play Defense

November 11, 2018 Business 1 Views Investors returning to US stocks a month go retro. Old economy companies like Procter…

Investors returning to US stocks a month go retro.

Old economy companies like

Procter & Gamble
Co.


PG 1.15%

and

Walgreens Boots Alliance


WBA -0.06%

has risen in recent days and helps Dow Jones Industrial Average to recycle much of its October market and move within striking distance from the 1

6th record of the year.

The 30-share index has posted 1,300 points in the last two weeks, the best stretch since November 2016. After talking about the corrective area last month, indicating a 10% decrease or more from a new peak, the index is just 3.1% from its latest record near the beginning of October.

Bluster of Trade on Friday from President Trump’s Commercial Adviser Peter Navarro halted the advance and weighed on trading stocks as

Caterpillar
Inc.

and

3M


Source link

Share
Published by
Faela