Dow Jumps as Black Friday Lifts Amazon, Walmart

Post-Thanksgiving Thankfulness: Global equity markets are higher this morning. It appears to be the bounce after a truly dreadful week. There was red everywhere you looked: The S&P 500 fell 3.8%, Chinese markets dropped 3.7%, and European shares dropped 1.1%. Early Monday, Dow Jones Industrial Average futures were 252 points, or 1%, higher, S&P 500 futures had risen 1.1% and Nasdaq Composite futures had jumped 1.5%. In today’s Morning Movers we…

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Cleveland-Cliffs (CLF) is up 2.2% to $8.97 after announcing a $200 million share repurchase program.

GameStop (GME) is up 2.6% to $13.85 after Bank of America Merrill Lynch upgraded it to Neutral.

Intuit (INTU) is up 2.8% to $202.47 after RBC Capital Markets upgraded it to Outperform.

Rio Tinto (RIO) is down 1.8% to $46.64 after announcing it will sell its entire 68.62% stake in Rössing Uranium Limited for up to $106.5 million.

Tableau Software (DATA) is up 3.6% to $112.50 after First Analysis Securities upgraded it to Outperform.

Write to Al Root at

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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