Dow, China and liberation day
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Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
U.S. benchmark oil prices settled Tuesday at their highest in three weeks, as trade-war optimism helped “alleviate consumer-demand concerns and recession worries,” said Tyler Richey, co-editor at Sevens Report Research.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
U.S. stocks soared Monday as investors celebrated major progress on a U.S.-China trade deal. The Dow added over 1,100 points, exiting correction territory, while the Nasdaq Composite began a fresh bull market.
U.S. stocks remained mostly higher in midday trading on Wednesday as investors closely watched the latest updates on trade negotiations between the White House and its trading partners, while awaiting
The nearest resistance level for SP500 is located in the 5700 – 5710 range. If SP500 climbs above the 5710 level, it will head towards the next resistance at 5800 – 5810. On the support side, a move below the 50 MA at 5631 will push SP500 towards the support level at 5590 – 5600.
All three major indexes fell last week, with the Dow snapping a two-week winning ... looked for concrete outcomes from recent US-China trade negotiations, which both sides described as showing ...
22hon MSN
U.S. stocks are holding relatively steady following a report that showed inflation unexpectedly slowed across the country last month. The S&P 500 rose 0.1% Tuesday.
China and the United States have agreed to major tariff cuts during talks in Geneva. US tariffs on most Chinese goods will drop to 30%, while China will charge US products 10%. We hear from economist Alicia Garcia Herrero.