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MARKETS LIVE BLOG:

STOCKS SHED GAINS, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Stocks Rise; Banks Dive As Qualcomm-NXP, CBS-Viacom M&A Talk Heats Up

Investor's Business Daily Video
Updated

The S&P 500 breached its 50-day line again as stocks sank Thursday, while oil hit a one-month high during the session. Merger talk heated up with reports that Qualcomm (QCOM) may acquire NXP Semiconductor (NXPI), plus continued chatter about a CBS (CBS)-Viacom (VIAB) deal. Deutsche Bank (DB) tanked, taking other banks down with it, and Mylan's (MYL) EpiPen business is under further scrutiny. Meanwhile, Fitbit's (FIT) Charge 2 is said to be getting off to a slow start.

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