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Late Rally Falls Short as Dow, Stocks Trade Lower Following Five Straight Gains

Joseph Woelfel

The Dow Jones Industrial Average was trading to the downside Friday, ending the blue chip index's five-day winning streak. rose 4% to $337.60 on Friday, after an analyst at UBS raised his rating on the streaming giant to buy from neutral and lifted his price target to $410. Stocks were lower on Friday, Jan. 11, as the equity rally to begin the new year failed to materialize for a sixth day despite a dovish message from the chairman of the Federal Reserve and amid renewed hopes that trade talks between the U.S. and China will deliver a near-term deal.