U.S. stocks rose at the opening bell on Monday as a Treasury Department official pushed back on reports that the Trump administration would prevent Chinese companies from listing on U.S. exchanges. The S&P 500 SPX, +0.39% was up 0.3% to 2,967. The Dow Jones Industrial Average DJIA, +0.31% advanced 0.3%, or 81 points, to around 26,901. The Nasdaq Composite COMP, +0.40% rose 0.2% to 7,959.
Reports that the White House was looking at ways to limit U.S. investment into Chinese companies had weighed on the stock-market on Friday. The Treasury official's statement could alleviate concerns that U.S.-China trade tensions had taken a sudden turn for the worse. Investors will also eye the fallout from a whistleblower report released on Thursday that had triggered President Donald Trump's impeachment inquiry.
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Stocks set to open higher as Treasury official says no plans to ban China listings on U.S. exchangesU.S. stock-indexes head slightly higher to end the month and quarter as a Treasury official said there were no immediate plans to prevent Chinese companies from listing on domestic exchanges, momentarily calming a fear that buckled the market on Friday. A market that is being manipulated by trump and his cronies. An artificially inflated market to open higher based on government mandates. A free market economy?
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »
Companies could flock to list in Hong Kong if the US blocks investments in ChinaCompanies could flock to list in Hong Kong or Chinese domestic markets if the U.S. were to restrict investments in China, analysts say. Think we will buy on Hong Kong exchange Monday it’s much cheaper. U.S. Treasury Says No Plans to Block Chinese Listings ‘at This Time’ And this was the start of world war three folks!
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
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Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
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Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »