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Just One Stock Saved the Dow from Collapsing Today – CCN.com
The Dow Jones Industrial Average (DJIA) dove on Friday, but one stock saved it from suffering a complete collapse.
- The Dow Jones struggled toward a loss on Friday, though the Nasdaq shot higher.
- Consumer sentiment and income both missed forecasts.
- Apples earnings release and subsequent share price rally propped up the Dow as other DJIA stocks suffered woeful quarters.
The Dow Jones endured a rough close to the week, as an earnings deluge dragged the stock market bellwether lower.
While Apple surged after a blowout quarter, Caterpillar, Exxon Mobil, and Chevron saw their earn…
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