pulled back 0.6% at 8,030.66. For the week, the S&P 500 was on pace for its second straight weekly drop.
"It always amazes me how, despite everything else that is happening, the thing the market pays the most attention to is China trade," said Art Hogan, chief market strategist at National Securities. "If you rank things in an algorithm, trade would be at the top." The market turned slightly higher after China's foreign Minister Wang Yi said the U.S. has shown good will by waiving tariffs and China is willing to buy more American products, Reuters reported.
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.
Global Stocks Drop on Trade and Political ConcernsGlobal stocks fell amid signs that President Trump will be confronted with increased domestic political pressure even as he continues to pursue a trade war with China. Make Ukraine Great Again. ☺️
Source: WSJ - 🏆 98. / 63 Read more »
World stocks are tumbling on fears of a Trump impeachment inquiry and China trade snags'Markets won’t like the uncertainty it brings, In previous instances (Nixon, Clinton) there has been rockiness for equities and the dollar.' Winning Corporate speculation is less important than protecting the rule of law in America. Final Call! Black Americans who invest in different corporations and use the stock market must get ready! They are panicking! Stocks are falling like candy. Get ready! There will be alot to eat!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks climb on China trade deal optimism, despite Trump impeachment bidU.S. stocks were higher Wednesday, after falling for three days, amid new optimism for a coming U.S. - China trade deal that offset concern about a... That's ok, it'll correct. 😂
Source: MarketWatch - 🏆 3. / 97 Read more »
Asia stocks set to open mixed amid trade hopesStocks in Asia were set to open mixed on Thursday amid hopes that the U.S. and China could strike a deal soon. LiveSquawk 'Anxious Asian wife stays up late hoping drunk American husband was telling the truth when he said, 'I'll be home later.' LiveSquawk Stocks rise amid trade concerns
Source: CNBC - 🏆 12. / 72 Read more »
European stocks seen slightly higher amid US-China trade optimismEuropean stocks are set to open higher on Thursday amid hopes that the U.S. and China will be able to resolve their protracted trade battle. News bot AI making a killing on the Trump 123 play? 1) Dow flat 2) Trump bad news out -Dow down - place long trade in anticipation of 3) Trump good news China tweet - and market up- close long. Works every time?
Source: CNBC - 🏆 12. / 72 Read more »
Stocks pause as investors monitor trade, parse whistleblower complaintStocks opened on either side of unchanged Thursday, in directionless trade as investors weighed U.S.-China trade talks, digested a raft of economic data and... Investors are making the issue worse by selling off stocks. They start a landslide that hurts all other investors over speculation.
Source: MarketWatch - 🏆 3. / 97 Read more »