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Day Traders Diary
The major averages reversed course and fell into the red as profit-taking persists in the technology and AI space. The Dow Jones Industrial Average finished down 245 points, or 0.51%, to settle at 48,458 after scoring a new intraday all-time high earlier in the session. The S&P 500 73 points
Diamonds and Dogs
Lululemon (LULU) stretches higher. The athletic apparel company is up 10% on better than expected earnings as business expands overseas. Sales rose 7% to $2.57 billion. Lululemon also announced that CEO Calvin McDonald will step down at the end of January. Telsey Advisory Group upgraded the stock with a $215