Traders work on the floor of the New York Stock Exchange. Reports Wednesday that the United States might hold off on auto tariffs sent shares of Ford, General Motors, Tesla and Daimler higher.
The Standard & Poor’s 500-stock index and tech-packed Nasdaq composite index also were on the upswing as investors weighed news from Asia, the tense Persian Gulf and the minute-by-minute roller coaster of Trump trade policy. ”We are probably in for a protracted period of volatility,” said Ed Yardeni, president of Yardeni Research. “These trade issues aren’t going to go away that quickly. Right now, the administration is stuck in the trenches on the China front longer than it expected.”
Trump helping out Wall St. They are churning the fees with all this volatility.
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GM to invest $700 million in Ohio, create 450 new jobs“I have been working nicely with GM to get this done,” President Donald Trump tweeted on Wednesday. 450 new jobs compared to the 14,000 lost largely due to trump's import taxes on metal. that's 1/28th of them back. So if 14,000 mfg jobs were lost since 11/2018 and the Ohio investments only add 450 jobs..........do the math. why does the media still fall for this chicanery?
Source: NBCNews - 🏆 10. / 86 Read more »
This cruise ship has the first at-sea roller coaster—take a lookThis cruise ship has the first at-sea roller coaster—take a look (via CNBCMakeIt) MakeIt That's obscene. Both culturally and nautically. MakeIt in case you needed another reason to puke on a cruise ship? MakeIt Why?
Source: CNBC - 🏆 12. / 72 Read more »
Trump's tweets swing stock market amid trade deal uncertaintyStock futures spike and drop after President Donald Trump tweets there's 'absolutely no need to rush' to reach a trade deal with China. MAGA Ummm, sir...realDonaldTrump My 401k is becoming a 301k. Little help, here. Thank you.
Source: CNBC - 🏆 12. / 72 Read more »
Here’s the hit U.S., Chinese and global economies could face as trade battle heats upThe U.S.-China trade spat is set to intensify as the Trump administration plans to more than double tariffs on $200 billion of Chinese imports and extend... This is the kind of obsolete thinking that got us into our current predicament. We've been in a trade war for 20 years with China, we just weren't fighting back.
Source: MarketWatch - 🏆 3. / 97 Read more »
Global stocks rebound as Trump downplays U.S.-China trade fightGlobal stocks rebounded after President Trump downplayed the U.S.-China trade war as 'a little squabble' a day after a spike in tensions between the two countries rattled financial markets People really overreacted yesterday. Manipulating the market for his own personal gain. Lock him up! The problem is, China does not view this as just a little squabble.
Source: Reuters - 🏆 2. / 97 Read more »
Global markets stutter as trade war fears persistGlobal stocks are falling again this morning as investors are left guessing as to what comes next in the trade war between the United States and China ChristineRomans ChristineRomans ChristineRomans Hate 'friends' that only get in touch when they want something... I'm different...I only get in touch when a test comes back positive 😉😂🤣
Source: CNN - 🏆 4. / 95 Read more »
U.S. consumer views on inflation dip, as trade outlook clouds marketsThe inflation outlook among U.S. consumers dipped sharply in April, potentially ...
Source: Reuters - 🏆 2. / 97 Read more »
Here are Monday’s worst stock-market performers as U.S.-China trade dispute escalatesThese stocks are taking the biggest beating Monday with Dow now down 700 points TrumpsTariffs are a winning strategy. Not.
Source: MarketWatch - 🏆 3. / 97 Read more »
Trump’s trade war with China doesn’t bode well for an already shaky U.S. housing marketHomeowners looking to sell may have reason to grow increasingly concerned about President Trump’s deteriorating relationship with China. Fake news. The housing market is smoking hot. Trump doesn’t care.💩👺👹🤡
Source: MarketWatch - 🏆 3. / 97 Read more »
Asian stocks move lower Monday as markets react to failed U.S.-China trade talks in WashingtonShares were mostly lower in Asia on Monday after trade talks between the U.S. and China wrapped up Friday without an agreement.
Source: MarketWatch - 🏆 3. / 97 Read more »