Dow Ignites Meteoric Rally as Market Basks in Trump Trade Deal Rumor

2019-10-13 22:24

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.

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Sell The Dow On ‘Positive’ Trade War News: Morgan Stanley Chief

Almost the entire news cycle for stock markets is devoted to how the trade war has been extremely detrimental for the US economy and that a trade deal could lead to a big rally. To the contrary, one high profile equity strategist is not convinced that the Dow is a buy, or even that Trump’s […] The post Sell The Dow On ‘Positive’ Trade War News: Morgan Stanley Chief appeared first on CCN.com

2019-10-13 10:25


Dow Soars as Trump Dangles Deal to Distract from Giuliani Scandal

The Dow Jones continues to drive higher, rallying strongly as Donald Trump and China prime markets for a possible trade deal between the two nations. The stock market bounced aggressively on the news that Trump and Chinese Vice Premier Liu He will meet tomorrow in the White House as the “surprise” teased by Larry Kudlow […] The post Dow Soars as Trump Dangles Deal to Distract from Giuliani Scandal appeared first on CCN.com

2019-10-13 22:14


Dow Soars as Trump & Kudlow Tease Market With China ‘Surprise’

The Dow Jones surged as traders shrugged off a huge miss in hourly wages and a lower than expected non-farm payrolls number. US President Donald Trump made positive noises about a trade deal with China, reinforced by chief economic adviser Larry Kudlow, while Fed Chairman Jerome Powell helped push the Dow higher late in the […] The post Dow Soars as Trump & Kudlow Tease Market With China ‘Surprise’ appeared first on CCN.com

2019-10-5 22:15


Dow Plummets After China Blindsides Trump With Montana Farmer Snub

The Dow Jones was unable to profit from the news of Donald Trump removing some tariffs on Chinese goods, as the president dashed hopes that he'd agree to a partial trade deal. Meanwhile, Chinese trade negotiators canceled a visit with US farmers in Montana, spooking a stock market that was already pressured by more stringent […] The post Dow Plummets After China Blindsides Trump With Montana Farmer Snub appeared first on CCN.com

2019-9-22 21:41


Dow Futures Explode as Trump Considers Partial Trade Deal

The Dow Futures indicate a powerful opening for the Dow Jones with a 74-point increase as U.S. President Donald Trump said he would consider establishing a partial trade deal with China. Prior to his visit to a congressional Republican retreat in Baltimore, President Trump said that an interim trade deal with China could be the […] The post Dow Futures Explode as Trump Considers Partial Trade Deal appeared first on CCN.com

2019-9-13 12:27


Despite Stock Market Swings, 'Silly' Recession Talk Overblown: Economist

By CCN Markets: Investors are getting a bit of a reprieve today as the stock market recaptures some of yesterday's massive losses in what was a brutal day on Wall Street. The trade deal appears to be the impetus for the market, and the tug-of-war between President Trump and President Jinping seems far from over, […] The post Despite Stock Market Swings, 'Silly' Recession Talk Overblown: Economist appeared first on CCN Markets

2019-8-16 21:30


Dow Nervously Climbs Higher Despite Trump’s Iran Threat

The Dow nervously crept higher on Wednesday, even as President Trump lobbed another threat at Iran over its flagrant violation of the 2015 nuclear deal. Dow, S&P 500, and Nasdaq Target New Records All of Wall Street’s major indices sought to consolidate minor gains on Wednesday – and potentially even set new records before the […] The post Dow Nervously Climbs Higher Despite Trump’s Iran Threat appeared first on CCN Markets

2019-7-3 16:15


Dow Plunges After Trump Unleashes $11 Billion Tariff Threat

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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Dow Futures Fade Because Vaccine Won’t Stop Virus Second Wave

Stocks rallied yesterday on Moderna's Covid-19 vaccine trial breakthrough, but health experts say it won't arrive in time to prevent a second wave of the virus. The post Dow Futures Fade Because Vaccine Won’t Stop Virus Second Wave appeared first on CCN.com