surged 2.7% to 7,527.12. The major indexes had their second-best day of 2019. Stocks finished the day at their highs, rallying into the close on speculation Republican lawmakers would block President Donald Trump's efforts to implement new Mexican tariffs on a national-emergency basis.
Federal Reserve Board Chairman Jerome Powell speaks during a press conference in Washington, DC, September 26, 2018."We find the impact of Trump's trade war and more broadly a shortening timeline for the Fed's impending 'insurance cut,'" Steven Blitz, chief U.S. economist at TS Lombard, wrote in a note.
The Trump administration also threatened to slap tariffs on all imports coming from Mexico, adding to those concerns. Those worries were assuaged after Mexican Foreign Minister Marcelo Ebrard said Tuesday he expects both countries to find common ground on immigration and trade.. They have also hinted at blocking those levies if the president moves forward with them.
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:
I’m beginning to see a correlation between global economy’s that suggests there’s an inside Leaders of the World Hustle. But most people say I exhibit a higher degree of paranoia than normal. Nawwwwww it’s a Global Conspiracy.
Maybe 0% if needed. SMH
We can't go to an inverted yield curve
Market manipulation at its finest!
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These 6 stocks in the S&P 500 are down at least 50% — and analysts say buyOverall, 14 stocks among the S&P 500 are down at least 50% from their 52-week highs. Are there bargains among them? Cryptos back. Put trade aside I see crypto giving $NVDA an unexpected boost next earnings. Trade agreement would set it off back to ATH. Keeping two eyes there.
Source: MarketWatch - 🏆 3. / 97 Read more »
Boeing and two other Dow stocks are on the verge of the dreaded death crossA major May sell-off has set off bearish alarms on the Dow. Craig Johnson, chief market technician at Piper Jaffray, has assessed the damage, and says it doesn't look pretty. TradingNation Geez. Giime a break. These are the same people that mentioned the 'Golden Cross' in the S&P in late April. TradingNation $WMT needs to get stuffs from India. Instead all stuffs FROM China. Wow they already invested to China $500 millions last year. Neither way. Lost. TradingNation Time for plan ₿
Source: CNBC - 🏆 12. / 72 Read more »
Stock market up strongly on rate-cut hopes, optimism over tradeU.S. stocks on Tuesday climb on expectations that the Federal Reserve will cut interest rates.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks in Asia set to trade higher; Fed signals potential rate cutStocks in Asia were set to trade higher on Tuesday amid ongoing global trade tensions. The Reserve Bank of Australia is also set to announce its interest rate decision later today. Market manipulation. Shocked it’s not Trump or his admin, but Bullard is now just Trump’s mouthpiece. realDonaldTrump forced the Fed’s hand. Ppl who actually have savings get punished as rates tumble again. And EustanceHuang this title is very misleading and laughable. The Fed didn’t signal anything, Bullard just jawboned these markets higher with his personal opinion.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks Close Sharply Higher as Fed Hints at Possible Rate CutMajor indexes rose, with the Dow climbing 512 points, as Fed officials hinted the central bank could lower interest rates if the economy slows. market fixing comes with a huge price just ask George Bush Jr and then ask me why we didn't buy back all US credit ffs no more ffs bailouts of banks next one will be for the people actually Bullard was talking about insurance against px deflation— something the FRB has been working hard at avoiding since then Vice Chair Bernanke commissioned a working paper to combat it back in 2002. That's like stepping on the gas peddle, after sitting at the light for 6 - 12 months. Fed is drunk.
Source: WSJ - 🏆 98. / 63 Read more »
Stocks rise slightly, but trade and economy worries persistStocks closed slightly higher for the first time all week, with the Dow gaining 0.17% and the Nasdaq rising 0.27%. The S&P 500 closed about 0.2% higher, with real estate, health care and consumer discretionary performing best.
Source: CNBC - 🏆 12. / 72 Read more »
Cannabis stocks surge toward first gain in 6 daysCannabis stocks traded broadly higher Tuesday, as an upbeat industry research note helped provide a welcome reprieve from the string of losses resulting from... Are you saying they are getting high
Source: MarketWatch - 🏆 3. / 97 Read more »