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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Wall Street Fundamentals Releases New In-Depth Stock Reports on ARIA, LCI, NWSA and ONNN

ACCESSWIRE

Markets surged to close in the green for the week Friday, despite disappointing employment numbers from the Labor Department. The Dow Jones gained 1.06 percent to close up 0.61 percent for the week, while the S&P 500 Index gained 1.33 percent to close up 0.81 percent for the week. The Labor Department reported 113,000 jobs were added in January, which was well short of the median forecast of 180,000 according to Bloomberg. "That was a bad [jobs] number, no doubt," said Larry Shover, chief investment officer and manager of the SFG Futures Strategy fund at Solutions Funds Group. "But it isn't bad enough to change the overriding narrative of growth."

Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA - News) shares traded in the range of $7.40 to $8.29 Friday before settling to close at $7.99, an increase of 11.44 percent. The stock appears to be facing some resistance at the $9.44 and $10.07 levels with some support at $6.85. Shares of Ariad Pharmaceuticals have gained approximately 17.0 percent year-to-date.

More information on Ariad Pharmaceuticals and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ARIA

Lannett Company, Inc. (NYSE:LCI - News) shares traded in the range of $35.05 to $36.90 Friday before settling to close at $35.97, an increase of 12.30 percent. The stock appears to be facing some resistance at $39.79 with some support at the $34.30 and $31.14 levels. Shares of Lannett Company have gained approximately 8.0 percent year-to-date.

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More information on Lannett Company and access to the free equity report can be found at:
www.WallStreetFundamentals.com/LCI

News Corp. (NASDAQ:NWSA - News) shares traded in the range of $17.07 to $18.00 Friday before settling to close at $17.41, an increase of 8.68 percent. The stock appears to be facing some resistance at $17.44 and $17.78 levels with some support at $17.30 and $17.10. Shares of News Corp. have fallen approximately 3.0 percent year-to-date.

More information on News Corp and access to the free equity report can be found at:
www.WallStreetFundamentals.com/NWSA

ON Semiconductor Corp. (NASDAQ:ONNN - News) shares traded in the range of $8.92 to $9.27 Friday before settling to close at $9.03, an increase of 8.59 percent. The stock appears to be facing some resistance at $9.05 with some support at the $8.95, $8.43 and $8.26 levels. Shares of ON Semiconductor have fallen approximately 10.0 percent year-to-date.

More information on ON Semiconductor and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ONNN

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com