US stocks are rising ahead of the Fed's first rate cut in a decade, even as Donald Trump fans trade-war fears

US futures rose on Wednesday, fueled by expectations of the Federal Reserve cutting interest rates for the first time in a decade. However, Asian stocks fell and European stocks were mixed after Donald Trump accused China of undermining trade talks, dashing hopes for a deal. "That is the problem with China, they just don't come through," the US president tweeted."My team is negotiating with them now, but they always change the deal in the end to their benefit.

US futures rose on Wednesday, fueled by expectations of the Federal Reserve cutting interest rates for the first time in a decade. However, Asian stocks fell and European stocks were mixed after Donald Trump accused China of undermining trade talks, dashing hopes for a deal. "That is the problem with China, they just don't come through," the US president tweeted."My team is negotiating with them now, but they always change the deal in the end to their benefit.

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US stocks dip lower for second day as Trump attacks China ahead of trade talksThe S&P 500 index, Nasdaq composite, and Dow Jones industrial average all fell in US trading on Tuesday.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Trade jitters running high at U.S. companies ahead of new U.S.-China talksWorries about the U.S.-China trade war are running high during the current U.S. ... The president F'ed up. The paper tiger is going to cave, or face further business and investment money siphon out of China -- like they have been since the tariffs went into effect. Is this news 'US companies having trade jitters'. When news channels have nothing to report.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »