2020-2-6 19:05 |
After monetary stimulus last month, China just announced major February tariff cuts in a big improvement to the stock market outlook for 2020. The post China’s Tariff Cut on $75B in U. origin »
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The Dow Jones reversed sharply on Tuesday after an unexpected report about Trump's China tariffs rocked the stock market. The post Dow Reverses Sharply After Trump Tariff News Rocks Stock Market appeared first on CCN.com
2020-1-15 23:21 | |
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The Dow, S&P 500, and Nasdaq all receded from their all-time highs. The trigger for the decline appears to be a new trade war stalemate. The US is refusing to roll back tariffs until after the deal is in place, while China is demanding that the agreement include tariff reductions.
2019-11-14 17:58 | |
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Beijing doesn’t want to commit to buying American pork and looks set to play hardball with Trump. Trump might not be willing to give China the concessions it is demanding to come around and sign a limited trade deal.
2019-11-14 16:59 | |
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The Dow Jones Industrial Average opens sharply lower on Monday. Peter Navarro, President Trump’s assistant, argues forcefully against the idea that a tariff rollback is being eyed as part of a partial trade deal with China.
2019-11-12 17:36 | |
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The Dow, S&P 500, and Nasdaq tilted sideways on Friday. The stock market’s rally balked at reports that the US and China may not have agreed to roll back tariffs. Now, one columnist warns the markets are “one tweet away” from a trade war “hangover.
2019-11-9 17:38 | |
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The Dow Jones leaped higher after the US and China appeared to agree to remove tariffs. Goldman Sachs is one of the leaders in the Dow Jones after a massive pop in US Treasury yields. However, analysts at ING are concerned that Trump’s trade war decision could come back to haunt markets.
2019-11-8 23:06 | |
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Futures on the Dow Jones Industrial Average (DJIA) are flying high Thursday thanks to the favorable trade war-related developments between the U. S. and China. Beijing and Washington have reportedly agreed to remove the trade tariffs in a phased manner.
2019-11-7 16:36 | |
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The Dow Jones exploded higher on Friday as news broke that the Trump administration and China had struck a partial trade agreement, setting the stage for a potential tariff truce. The stock market went berserk, with rising hopes of a Brexit deal and an impressive Michigan Consumer Sentiment data release adding to Wall Street’s euphoria.
2019-10-13 22:24 | |
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The Dow rampaged toward a titanic gain on Friday after President Donald Trump appeared to lay the foundation for an “early harvest” trade deal that would solve minor disagreements and prevent the trans-Pacific tariff war from escalating any further.
2019-10-13 16:41 | |
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The Dow crawled toward a moderate recovery on Friday after President Donald Trump granted tariff exemptions to more than 400 Chinese products, the latest in a growing list of concessions that Washington and Beijing have exchanged in the leadup to their next round of trade negotiations.
2019-9-22 16:37 | |
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The Dow's dramatic reversal sputtered on Thursday, as the post-Fed rally ran out of steam amid a burgeoning crisis in the Middle East and warnings that China tariffs could go as high as 100%. Supporting the Dow, bulls appear to be ignoring the fact that the FOMC is technically in a holding pattern, preferring to […] The post Dow Recoils After Trump Trade Guru Dangles 100% Tariff Threat appeared first on CCN.com
2019-9-20 21:55 | |
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As if there were not enough economic problems facing countries of the world at the moment without an escalating trade war imposed by the Trump administration. Not content with levying heavy import tariffs on China, the POTUS has set his sights on Europe next, so will bitcoin and same safe-haven assets grow in popularity there too? Europe Next For Trade Tariffs According to reports, the Trump administration is preparing to announce tariffs on billions of Read More The post EU Next on Trump’s Tariff List; Will People Turn To Bitcoin? appeared first on Bitcoinist.com.
2019-9-16 14:30 | |
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Dow Jones Industrial Average (DJIA) futures popped 75 points higher in early trading Thursday. Stock market optimism returned as President Trump gifted China a two-week stay of execution on looming trade war tariffs.
2019-9-13 14:06 | |
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The Dow stumbled into the first trading session of September after the United States and China failed to strike another tariff truce that would have prevented new import duties from going into effect.
2019-9-3 16:34 | |
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The Dow and broader U. S. stock market traded mixed on Friday, giving back much of their earlier advance as investors looked ahead to planned tariff hikes by the United States and China this weekend.
2019-8-31 22:35 | |
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Tesla stock was buoyed by news that its electric cars would be exempt from a 10% Chinese tax on auto sales. The move comes just days after CEO Elon Musk visited China. The Chinese Ministry of Industry and Information Technology announced the news on its website.
2019-8-31 22:20 | |
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By CCN Markets: China and the United States keep upping the ante. Presidents Trump and Xi are raising the stakes even further this weekend after a traumatic Friday for the stock market. On Friday, China announced $75 billion in additional tariffs on American goods.
2019-8-25 22:30 | |
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By CCN Markets: China had to see this one coming. After China President Xi Jinping revealed his intentions to slap fresh tariffs on $75 billion in U. S. goods, President Trump raised the stakes, revealing in a tweetstorm that two could play that game.
2019-8-24 01:30 | |
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Bitcoin, the top cryptocurrency by market cap which had been highly favored by the trade war between the U. S. and China seems to have been taken by surprise. The decline in the asset’s price below $11,000 came shortly after the U.
2019-8-14 21:41 | |
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The #1 crypto asset is showing no signs of weariness today despite the worsening China-US trade tensions and growing fears of a global recession. Here are the main reasons behind Bitcoin’s latest 10% gain.
2019-8-5 18:00 | |
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The Dow Jones suffered another nauseating crash on Monday after China retaliated against President Trump’s tariff threats by escalating the trade war - and perhaps abandoning the negotiations altogether.
2019-8-5 16:41 | |
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U. S. President Donald Trump announced on Thursday that almost all goods imported from China will be subject to an additional 10 percent tariff. This escalates further the trade war between Washington and Beijing, threating the global economic outlook.
2019-8-3 21:00 | |
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President Donald Trump took to Twitter on Thursday to announce that the US will be imposing 10% tariffs on another $300 billion worth of Chinese goods, effective September 1. The surprise tariff announcement came after the US and China restarted the trade talks in Shanghai this week. This has been the first in-person trade talks […]
2019-8-3 19:31 | |
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The Dow and broader U. S. stock market took a sudden turn lower Thursday afternoon, as markets reacted to President Trump’s latest tariff threat targeting $300 billion worth of Chinese imports.
2019-8-2 22:12 | |
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Gaming giant Nintendo has announced that it is moving part of the production capacity for its Switch console from China to Vietnam. In a statement quoted by USA TODAY, the company revealed that while the bulk of production will remain in China, starting this summer, some of the consoles will be built in Vietnam as […] The post Nintendo Hightails Some Production Out of China, Debunks Tariff Assertion appeared first on CCN Markets
2019-7-10 03:15 | |
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The widely-publicized trade war with China, in which some imports are being slapped with tariffs of 25 percent, has grabbed the headlines. The Tariff End-Run! Yet when trade war tariffs are imposed on countries, those countries don’t just sit around and take it.
2019-7-4 10:31 | |
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With the trade war between the U. S. and China thawing, investor sentiment swung from jittery to optimistic very quickly. The trade truce pushed U. S. markets higher as the dreaded 25 percent tariff on Chinese goods was put on hold.
2019-7-3 21:45 | |
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Tesla stock and Apple stock are on the move, thanks to positive developments regarding the tariff war with China. A Slight Thaw in The Trade War During the G20 meeting, President Donald Trump met with Chinese President Xi Jinping.
2019-7-2 01:03 | |
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The US stock market roared back to life on Wednesday, and the Dow shot around 100 points higher as Wall Street prepared to close the book on its best June in more than three-quarters of a century.
2019-6-26 16:48 | |
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Dave and Grahm are back with news and price narratives around 2019’s top-performing financial asset. This week’s stories include mainstream media’s Bitcoin FOMO, the real story of Laszlo Hanyecz (the guy behind Bitcoin Pizza Day), Dutch authorities taking down Bestmixer, Tether being partially backed by bitcoin and what Libertarian politician Ron Paul thinks about the U.
2019-5-29 16:42 | |
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By CCN: The next week could be a bumpy one for the stock market, as domestic wildcards and red-hot trade war tensions threaten to smack the S&P 500 and Dow Jones Industrial Average lower. China Bogeyman Haunts Stock Market The S&P 500 enters the holiday-shortened trading week at 2,826.
2019-5-27 20:43 | |
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Stocks of the New York Stock Exchange fell half a day after the United States and China failed to reach a trade agreement and imposed a new wave of tariff increases to Chinese products imported for more than 200 billion dollars.
2019-5-11 03:09 | |
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By CCN: The Dow and broader U. S. stock market frantically searched for a silver lining Thursday after China threatened harsh retaliation in response to a sizable tariff increase by the White House that could be implemented in the next 24 hours.
2019-5-10 23:02 | |
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By CCN: Jamie Dimon has been in the news with a number of surprising opinions lately, but his latest interview could perhaps be the most maverick. Speaking to Poppy Harlow on CCN Business, the JPMorgan CEO revealed that – contrary to the stock market’s horrified consensus over Donald Trump’s aggressive posturing on trade tariffs with China – the president’s policy is actually working.
2019-5-8 00:29 | |
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This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.
2019-4-11 23:38 | |
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Stop me if you’ve heard this one before: Donald Trump lashes out on Twitter to savage another government’s trade regime, and the Dow Jones Industrial Average drops by triple digits. No, the president didn’t lob another volley of insults at China as the two sides seemingly near a historic trade deal, but Trump may have just dropped the teaser trailer for the sequel – and Wall Street didn’t like what it saw.
2019-4-9 16:51 | |
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The US stock market looks set to open to sharp losses, as Dow futures are trading deeply in the red in response to a new comment from President Donald Trump that cast doubt on his ability to strike a comprehensive trade deal with China within the near future.
2019-3-21 16:02 | |
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The Dow and broader U. S. stock market slammed on the brakes Thursday as Boeing headed for its eighth consecutive decline and China’s economy showed a further cooling trend. A delay in U. S. -China trade negotiations also raised the specter of a prolonged tariff war that would further undermine global economic health.
2019-3-14 18:42 | |
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Following a period of economic turmoil caused by trade friction between the U. S. and China, Chinese markets are experiencing an extraordinary recovery driven by indications that Donald Trump may be softening his hard line in trade negotiations between the world’s two largest economies.
2019-3-4 03:07 | |
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On Wednesday, U. S. Trade Representative Robert Lighthizer said that the Trump administration had dropped the possibility of dramatically increasing tariffs on China. While the move was met with little reaction from the Dow Jones, analysts expect the U.
2019-3-2 23:22 | |
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The Dow and overall U. S. stock market surged on Monday after President Trump confirmed that he would extend trade negotiations with China and hold off on a planned tariff hike early next month. Dow Extends Bullish Revival; S&P 500 & Nasdaq Follow All of Wall Street’s major indexes reported gains at the beginning of the week, reflecting a strong pre-market for Dow futures.
2019-2-26 21:12 | |
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The Dow and wider US stock market raced higher on Wednesday, adding to Tuesday’s mammoth 372 point gain. Dow Builds on 372 Point Rally Traders are excited that efforts are underway to avoid the government shutdown.
2019-2-13 20:14 | |
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New steel tariffs could hit the Tenaris seamless pipe mill in Bay City, Texas, hard. AP Photo/David J. Phillip Kevin P. Gallagher, Boston University There’s no end in sight to the tariffs President Donald Trump will impose on imports from the nation’s best customers.
2018-7-7 15:06 | |
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Minutes after Donald Trump announced he'll sign the US-China trade deal in January, the Dow opened the last trading day of the year with a bang. The post Trump’s Trade Deal Surprise Gave the Dow Jones a Tuesday Jolt appeared first on CCN.com
The Dow spiked to all-time highs because Wall Street is confident a trade deal is coming. However, that optimism has been put on hold. And sentiment could continue to worsen as new information emerges about China’s “reeducation” camps in Xinjiang.
Hong Kong protests are escalating, which has pushed U. S. lawmakers to ‘hotline’ the Hong Kong Human Rights and Democracy Act. Trump is unlikely to block the bipartisan bill, which could anger Beijing and stall trade talks.
By CCN Markets: Since July 15, the Dow Jones has dropped from 27,359 points to 26,403 points, by nearly 1,000 points within a two-month span. The Dow Jones is down by merely 3. 5 percent from its record high achieved in July and is up 16.
Exxon Mobil has not been able to escape the wrath of the global economic slowdown and the U.S./China trade war. The company, whose stock has been among the S&P 500 index's top 10 components for decades, was muscled out of position in the S&P 500 index's top 10 stocks, a status it has held for […] The post How Trump's Tweet Could Salvage this S&P 500 Stock appeared first on CCN Markets
Exxon Mobil has not been able to escape the wrath of the global economic slowdown and the U.S./China trade war. The company, whose stock has been among the S&P 500 index’s top 10 components for decades, was muscled out of position in the S&P 500 index’s top 10 stocks, a status it has held for […] The post How Trump’s Tweet Could Salvage this S&P 500 Stock appeared first on CCN Markets