The Traderszone Network

Analysts foresee cloud computing and better revenue streams as driving growth in fiscal 2018.

Stocks closed the week by posting mixed results on a low-volume day, with the Dow Jones Industrial Average (DJINDICES: ^DJI) essentially unchanged and S&P 500 (SNPINDEX: ^GSPC) up less than 0.2%.

Data source: Yahoo! Finance.

Energy shares rebounded after the price of crude oil recovered to above the $43 mark, and the SPDR S&P Oil & Gas Exploration & Production ETF (NYSEMKT: XOP) gained 2.7%.

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Wal-Mart is not actively considering making an offer for Whole Foods Market, Reuters reported.

Takata’s board is convening to review bankruptcy plans over the weekend, The Wall Street Journal reported, citing sources.

Forex futures net speculative positions as of the close of business on Tuesday June 20, 2017
– EUR long 45K vs 79K long last week
– GBP short 38K vs 39K short last week
Euro net longs had been at the most extreme since 2007 but they cleared out last week on a small pullback in the pair.

Organizers of the celebrations and activists are at odds over the growing presence of corporate sponsors.
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The lack of policy coming from Washington means investors can go back to focusing on fundamentals, Peter Anderson said.