Stock Market Closes Mixed But Indexes Post Weekly Gains; The Dow Got Coal Today Investors Business Daily | Makemetechie.com Summary

Image for article Stock Market Closes Mixed But Indexes Post Weekly Gains; The Dow Got Coal Today  Investors Business Daily | Makemetechie.com Summary

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  • ANSS posted its largest increase since March 17, 2020, when it rose 13.5%, according to Dow Jones Market Data.Finally, Altair Engineering (ALTR) gapped up 11.5%, surging through a cup-with-handle base with a 74.60 buy point, after JPMorgan initiated coverage with an overweight rating and 86 price target..
  • BMY gained 2% on the news.Biotech stocks surged in sympathy on the Karuna acquisition news.IBD 50 stock Intra-Cellular Therapies (ITCI) gapped up 5.5%, and is extended from a 63.93 handle buy point..
  • Shares hit an all-time high.Follow Kimberley Koenig for more stock market news on X/Twitter @IBD_KKoenig.YOU MAY ALSO LIKE:Get Free IBD Newsletters: Market Prep | Tech Report | How To InvestWhat Is CAN SLIM?.
  • In fact, over the past six months, core inflation is running at an annualized rate of 1.9%, the report says, boosting the chances of interest rate cuts in 2024.But along with stocks, the bond market had a muted response Friday..
  • Start With These 3 StepsTwo Magnificent 7 Stocks Forge Buy Points In Can't Stop Market Rally 12/22/2023 Bristol Myers Squibb announced its $14 billion acquisition of Karuna Therapeutics on Friday, sending KRTX stock into the stratosphere..
  • The stock market closed with mixed results Friday as the major indexes treaded water in the final hour of trading..

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