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Stock Market Today

Monday, November 19 2018

Daily Updates

Stock Market Today: November 19, 2018

William G. Ferguson and Harvey S. Katz | 11/19/2018

Back in the Rock and Roll era of the 1950s, the rhythm and blue singer Fats Domino had a hit song called “Blue Monday”. It had nothing to do with the stock market, but it might as well have, as the past two Mondays have been quite blue for those long equities. On point, last Monday, the Dow Jones Industrial Average fell more than 600 points; today thus far, that same 30-stock composite is off by nearly 400 points, having at one point descended by close to 500 points. As was the case last week, it is the twin T's, trade and technology, that have rattled traders.

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Stocks Highlights

Dow 30 Earnings: Walmart Inc. Fiscal Third Quarter 2018

Kevin Downing | 11/15/2018

Shares of Walmart (WMT) slip some following the release of the retail giant’s fiscal third-quarter financial results.

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Stocks Highlights

Dow 30 Earnings: Cisco Systems First Quarter Fiscal 2019

Kevin Downing | 11/15/2018

Shares of Cisco Systems (CSCO) are up modestly in trading today after the networking equipment and software provider reported better-than-expected results for the October period. Revenue of $13.1 billion grew 8% year over year, greater than our 4% estimate. Total product sales (75% of the top line) were up 9%, Service revenue grew 3%, and product orders advanced 8%. Adjusted earnings per share came in at $0.75, $0.03 more than our forecast and 23% above the prior year's tally.

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