Stocks ended a see-saw session mostly higher as investors balanced U.S.-China trade tensions and recession fears with upbeat data on retail sales and solid earnings from Dow component Walmart Inc. The Dow Jones Industrial Average DJIA, +0.39% finished with a gain of around 100 points, or 0.4%, near 25,579, according to preliminary figures, while the S&P 500 SPX, +0.25% rose around 7 points, or 0.2%, to close near 2,848. The Nasdaq Composite COMP, -0.
Stronger-than-expected retail sales figures buoyed expectations that consumers would continue to underpin the U.S. economy, as did strong gains for Walmart Inc. WMT, +6.11% after the retailer topped Wall Street expectations. Walmart shares led Dow gainers with a 6.1% rise. But trade-related worries continued to linger after Beijing said it would take unspecified steps in response to additional U.S. tariffs on imports from China.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks set to open higher after Trump delays China tariffsEuropean stocks are set to climb on Wednesday amid a worldwide market rally after U.S. President Donald Trump on Tuesday postponed the September 1 deadline for 10% tariffs on remaining Chinese imports. Who else is gonna wake up rekt like me tomorrow morning who bought gold mining stocks on Monday? Oh great lol
Source: CNBC - 🏆 12. / 72 Read more »
Global Stocks Slide After China Promises Retaliation for TariffsStocks fall after China vows to take “necessary counter-measures” in its trade battle with the U.S.: “The ball seems to be in China’s court at this time and it’s beginning to spook markets,' says an analyst futures erase losses and rally to session highs. Can we see a 300-400 Dow drop today? China have an obsession of world domination with everyone bowing to the great President Xi - all countries need to join up to stop China
Source: WSJ - 🏆 98. / 63 Read more »
Stocks Struggle To Recover Amid China ThreatsGlobal markets are falling as China promises tariff retaliation by lisettevoytko lisettevoytko lisettevoytko realDonaldTrump and tariffs, a deluded dangerous game of chess. Potus will push the whole world into recession if he doesn’t stop this arm twisting and bullying and the endless boastful tweets like red rags to a bull lisettevoytko Amazing. China influence the world. How about America?
Source: Forbes - 🏆 394. / 53 Read more »
Stocks making the biggest moves midday: General Electric, Walmart, Alibaba and TapestryThese are the stocks posting the largest moves in midday trading. BlackDay15thAugust
Source: CNBC - 🏆 12. / 72 Read more »
Stocks for Income, Bonds for SpeculationThe government bond market is no longer the calm, dependable alternative to its excitable equity-market sibling. Bonds are now just as good a place to be if you like to bet on big price moves. jmackin2 hes right. silly investment to buy treasuries now too big of a fall in rates jmackin2 how about stawks? at near ATHs predicated strictly on buybacks, QE and NIRP. speculation too?
Source: WSJ - 🏆 98. / 63 Read more »
Stocks whipsaw as conflicting trade-war signals confuse tradersThe Dow Jones industrial average and S&P 500 index rose slightly on Thursday, while the Nasdaq Composite fell.
Source: BusinessInsider - 🏆 729. / 51 Read more »