U.S. stocks edged lower at the opening bell on Monday ahead of a busy week packed with meetings by the Federal Reserve and the European Central Bank. Investors are also on the lookout for signs of easing trade tensions ahead of the Dec. 15 deadline for additional duties on Chinese imports. The S&P 500 SPX, +0.07% was down 0.1% to 3,142. The Dow Jones Industrial Average DJIA, -0.07% shed 50 points, or 0.2%, to around 27,965. The Nasdaq Composite COMP, +0.21% was up by less than 0.1% to 8,659.
were in focus after reports said that a Tesla Model 3 crashed while on autopilot.
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European stocks seen slightly lower amid weak Chinese dataEuropean stocks looked set to open slightly lower on Monday as weak Chinese export data highlighted the detrimental impact of its prolonged trade war with the U.S.
Source: CNBC - 🏆 12. / 72 Read more »
Asian stocks pulled higher by Wall Street jobs rally but China caution prevailsAsian stocks edged up on Monday, catching some of Wall Street's momentum af... How stupid can conservatives around the world be? The US jobs number of 266K for November included 42K of auto workers returning to work and seasonal increases. The US economy reflects the monetary & fiscal policy actions and global recovery following the financial crisis. The main reason for the upward revision was that non-residential investment jumped by 1.8% on-quarter instead of the preliminary estimate of 0.9%,
Source: Reuters - 🏆 2. / 97 Read more »
More than 60% of Bill Gates' wealth is invested in stocksHaving 60%, in this case $60 billion in stocks or index funds, is an aggressive investment strategy for someone of Gates' wealth. See? Tax them more. Cool.Boss. Then hes not worth what folks think now really is he?
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Asia stocks set to trade higher; China exports decline in NovemberAsia stocks were set to trade lower on Monday as China's exports declined in November for the fourth consecutive month, Reuters reported citing customs data. China's overseas shipments dropped 1.1% year-on-year in November, below the 1.0% expansion expected by analysts in a Reuters poll. Trump winning, liberals would rather destroy America than allow this month by month export and import does not indicate the health of an economy. however, something like 580 American farmers gone bankrupt recently, and hundreds of American stores closing down, are the correct indicator of a falling economy.
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