FUBO - These 2 Winners Are Riding the Stock Market Rally Higher
The big rally on Wall Street continued on Friday, sending some major indexes further into record territory. Investors remain happy with the balancing act that Federal Reserve chair Jerome Powell is maintaining and with his reassurances that the central bank isn't going to make premature assumptions about the economy getting back on track. At noon EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 70 points to 33,754. The S&P 500 (SNPINDEX: ^GSPC) had climbed another 9 points to 4,106, a record high, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) had risen 11 points to 13,840.
Helping to lead the way higher were two stocks in very different sectors of the market . Despite their businesses having little in common, fuboTV (NYSE: FUBO) and Harley-Davidson (NYSE: HOG) are both seeing solid gains, and shareholders are celebrating what could be the beginning of even bigger runs higher for the two companies.
Shares of fuboTV jumped higher , having risen 17% midday on Friday. The streaming television company got great news in the form of a high-profile event coming this year and next that will give fuboTV worldwide exposure.
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These 2 Winners Are Riding the Stock Market Rally Higher