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Here Are 3 Hot Things to Know About Stocks Right Now

Wall Street Overview

Stocks finished higher Monday, bolstered by hopes for progress in the U.S.-China trade war and guarded optimism about upcoming earnings reports from such market heavyweights as Microsoft (MSFT) - Get Microsoft Corporation Report , (AMZN) - Get, Inc. Report , Caterpillar (CAT) - Get Caterpillar Inc. Report and McDonald's (MCD) - Get McDonald's Corporation Report .

The Dow Jones Industrial Average ended up 57 points, or 0.21%, to 26,828, the S&P 500 advanced 0.69%, and the Nasdaq climbed 0.91%.

JPMorgan Chase (JPM) - Get JPMorgan Chase & Co. Report , American Express (AXP) - Get American Express Company Report , and Apple (AAPL) - Get Apple Inc. Report   were among the Dow's top gainers.

Apple advanced 1.7% to $240.51 after Raymond James

boosted its price target

on the iPhone maker to $280 a share from $250. Raymond James maintained its outperform rating on Apple.

Boeing (BA) - Get Boeing Company Report slipped 3.8% to $331.05 after analysts from at least two firms cut their ratings and price targets in light of recent revelations about the Chicago aerospace giant's grounded 737 MAX jetliner. As on Friday, Boeing was the Dow's biggest loser.

Spirit AeroSystems (SPR) - Get Spirit AeroSystems Holdings, Inc. Class A Report , a Boeing supplier, also lost ground, dropping 4.8% to $75.59.

IBM (IBM) - Get International Business Machines Corporation Report   fell 1.1% $132.55 after analysts at UBS lowered their price target on the stock to $140 from $170 on concern about the company's growth prospects.

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TheStreet Recommends

Sentiment for equities got a lift from comments by Chinese Vice Premier Liu He, who said Friday that Beijing will work with the U.S. to address each other's concerns. White House economic adviser Lawrence Kudlow told Fox Business on Monday that tariffs scheduled for December could be withdrawn if negotiations continue to go well.

"We've made a lot of progress," Kudlow said. "I think we're very close on opening financial services and the currency stability deal, which is essentially is an IMF deal. I think the agriculture, they started buying farm products, as you know, $40 [billion] to $50 billion worth."

Teva Pharmaceutical (TEVA) - Get Teva Pharmaceutical Industries Ltd. Report , AmerisourceBergen (ABC) - Get AmerisourceBergen Corporation Report  , Cardinal Health (CAH) - Get Cardinal Health, Inc. Report and McKesson (MCK) - Get McKesson Corporation Report have reached a settlement with Cuyahoga and Summit counties in Ohio over allegations the companies played a major role in fueling the opioid crisis, The Wall Street Journal reported. Teva was the only one advancing, climbing 8.8% to $8.16.


(HAL) - Get Halliburton Company Report

rose 6.4% to $19.60 after the

U.S. oilfield services company

reported third-quarter earnings of 34 cents a share, matching analysts' estimates. Revenue fell 10% from a year earlier to $5.55 billion and came in below forecasts of $5.82 billion. Halliburton is Real Money's

Stock of the Day


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