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The Dow jumped on Tuesday amid sharp declines for Facebook and Oracle.
J.P. Morgan analyst Phil Gresh sees a 'balanced long-term story' around production growth and free cash flow generation.
Stopping AVGO's bid for Qualcomm and imposing steel tariffs changes everything.
Stocks jumped on Friday after the U.S. added 313,000 new jobs in February, well above estimates.
U.S. oil producers took four rigs offline in the past week while gas rigs climbed by seven.