This Stock Is Hitting New Highs Even as the Market Sinks Again

Dan Caplinger, The Motley Fool
·3 min read
This Stock Is Hitting New Highs Even as the Market Sinks Again

Wall Street had a bad day on Wednesday, and initial signs from Thursday morning suggested that further declines might be in store. The ongoing churning in the stock market is having a negative impact on investor sentiment, and short-term traders in particular are losing their nerve and looking for gains on the downside. S&P 500 (SNPINDEX: ^GSPC) futures dropped 44 points to 3,879, while Nasdaq Composite (NASDAQINDEX: ^IXIC) futures were lower by 140 points to 11,795.

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