GE Surges 7% After Rating Hike - Adviser Investments

GE Surges 7% After Rating Hike

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Thursday, December 13. Major U.S. stock indexes saw mixed results, with the Dow Jones Industrial Average advancing 0.3%, the S&P 500 posting fractional losses and the NASDAQ down 0.4%. Meanwhile, General Electric gained as much as 12% on intra-day trading and closed up 7% after JPMorgan Chase raised the company’s stock rating from “underweight” to “neutral.”

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