Stocks Fade Again But These Leaders Break Out

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Dow Jones futures were little changed Thursday night, along with S&P 500 futures and Nasdaq futures, with the August jobs report looming Friday morning. The stock market rally came off intraday highs for a second straight session. But leading stocks fared well, with Mercado Libre (MELI) and Denbury stock among breakouts. X DocuSign (DOCU), Broadcom (AVGO), MongoDB (MDB) and PagerDuty (PD) reported earnings after the close. DOCU stock, Broadcom, MongoDB all closed just above or below buy points, but diverged in overnight trade. Meanwhile, FUBO stock popped overnight as Arizona OK'd wagering via mobile devices. FuboTV (FUBO) is a sports-streaming specialist but the FUBO stock valuation largely reflects sports-betting ambitions. Forte Biosciences (FRBX) said its eczema drug failed a Phase 2 study. FRBX stock crashed 85%. The major indexes closed with slim gains Thursday, as tech titans such as Facebook (FB) and Google parent Alphabet (GOOGL) retreated. But small cap
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