What to watch today: Dow to jump, Huawei hopes for US reprieve, and Trump defends economy

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

U.S. stock futures point to a strong Monday open on Wall Street, after the Dow on Friday surged 307 points.

its own crypto team. In a recruitment listing, the credit card giant said those hired will "monitor cryptocurrency ecosystem trends" and "develop new products and solutions." chipmaker Nvidia's so-called ray tracing technology to provide more realistic graphics for its "Minecraft" video game. Last week, Nvidia beat estimates with an earnings boost from new high-end gaming chips.

TV station operator Tegna has been approached by private equity firm Apollo Global about a possible sale, according to the Wall Street Journal, but has rebuffed those efforts so far. Private equity firm Mantle Ridge has taken a 20% stake in food services company Aramark , according to an SEC filing. Earlier this year, Mantle Ridge was reportedly mulling a possible offer to buy Aramark.

PG&E won a court decision that allows the utility to keep sole control of a planned bankruptcy exit. Two groups of creditors had wanted to put forth their own versions of chapter 11 exit proposals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Huawei - enemy of most nations

If the Dow is based on Trump-proclamations on the economy, mind you this is the only man on the planet that lost $1 billion dollars in 1 decade, we are all doomed, there goes our 401Ks, bankruptcies will increase and foreclosures will ensue! He’s no WarrenBuffet!

Looks like the powers that be are gonna take the Markets to new highs, all on a wing and a prayer. The wing is Trumps Sunday PR blitz on tariffs. The prayer is that the Fed lowers rates. Nothing has changed dummies! Tariffs have killed the economic expansion!

This is what the market is going to 'rally' on today...🤣 (10yrY)

You look a little concerned in that photo Mike1012...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump weighs in as Portland awaits protests from far-right rally, far-left antifa forcesTrump commented on the possible confrontation by tweeting that the city is "being watched very closely" and that he hopes the mayor will "do his job." Antifa is a domestic terror organization. Await...'await'...have the Mayor and Police lost all authority to maintain civil order?Then again, this IS Portland...the NEW PORTLAND...land of Take Your Chances. Use the FBI's rule: Superior Manpower; Superior Firepower. Get a grip!
Source: YahooNews - 🏆 380. / 59 Read more »

The US economy is fine, but watch out for gathering trade stormsThe problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China. But muh recession TradeWars are easy said the unhinged FakePresident
Source: CNBC - 🏆 12. / 72 Read more »

US tech firms will likely influence decision on whether Huawei's license will be extended, research firm saysAhead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat. Huawei is a national security threat! Wrong again! National security imperatives will dictate whether these tech firms supply components to Huawei or anyone else in China. These companies especially Qualcomm and Brodcomm already committed borderline treason. Promoting more treasonous actions ain’t a good thing. Let’s see what happens
Source: CNBC - 🏆 12. / 72 Read more »

Trump Administration Plans to Give Huawei More Time to Work with U.S. CustomersCommerce Department officials plan to announce Monday that they will grant a 90-day extension to the license that has allowed Huawei to continue doing some business within the U.S., according to an administration official Considering that realDonaldTrump sidestepping infrastructure problems is a recurring issue for this administration, that license will get extended till end of next year to further avoid losing votes in the forgotten rural communities. Thrash them because we hate dem. This proves that the “national-security concerns” were bogus.
Source: WSJ - 🏆 98. / 63 Read more »

Safe-haven currencies out of favour on stimulus hopes, focus on HuaweiSafe-haven currencies such as the yen and Swiss franc were under pressure on Mon...
Source: Reuters - 🏆 2. / 97 Read more »

US futures point to higher openTraders are keeping an eye on U.S.-China trade relations as a U.S. deadline on Huawei looms. Remember that 'recession fears' move? Yeah, it's almost completely gone.
Source: CNBC - 🏆 12. / 72 Read more »