"This has been the thing that, personally, I've been looking for all year," said Kim Forrest, founder of Bokeh Capital, referring to the trade agreement. "Increased trade is going to allow companies to start spending again on capital expenditures. That had been frozen, and most of most of those are technology purchases.", led by a 3.4% gain in Micron Technology and a 4.1% jump in Western Digital. Goldman Sachs helped the Dow reach an all-time high, rising 1.4%.
The U.S. and China announced Friday they will move forward with a so-called phase one trade deal. As part of the agreement, the U.S. will roll back some levies on Chinese products and China will increase its purchases of U.S. agricultural products.
Indeed, just like I’ve stated it would
Will the SEC have the teeth to investigate price manipulation from the White House? The stock market is so disconnected from reality at this point it’s just the algorithms buying and selling the dips and highs
The higher it goes the harder it will fall.
best recession ever….
trade deal really close?
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:
Philippines Philippines Latest News, Philippines Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks rise on Wall Street as rally stretches to fourth dayU.S. stocks rallied in early trading Monday, rising with European and several Asian markets after China reported surprisingly strong signs of life. President Trump Trump trump Thank you realDonaldTrump !
Source: ABC - 🏆 471. / 51 Read more »
Easing Worries Push Investors Out of Havens, Drive Stocks to New HighsInvestors are pulling back from positions in haven assets like gold, the Japanese yen and dividend-paying stocks, a sign of mounting optimism as recent developments ease long-held worries about trade and global growth. Knowledge is more precious than Gold..?
Source: WSJ - 🏆 98. / 63 Read more »
Tech stocks hit all-time highs as Micron shares surgeThe Technology Select Sector SPDR Fund surged to an intraday all-time high on Monday, bringing its year-to-date gains to nearly 46%. Micron had been stolen 8 billion dollars by CCP and they still have a life?!Shocking... Micron, the most popular toy in the manipulation box.
Source: CNBC - 🏆 12. / 72 Read more »
Live Nation Stocks Take a Hit Following Reports of Pending DOJ ActionLive Nation shares closed down 7.3% on Dec. 13 following news of a pending Department of Justice legal action over allegations the company has unfairly used its concert promotion business to pressure venues to use Ticketmaster. The DOJ should really excuse themselves from any more Trump related director's issues. Its unfairly ran as is the FBI the CIA and any other government ran establishment than is owned by the people. A president does what's right for the people not for self promotion or gain.
Source: billboard - 🏆 112. / 63 Read more »
European stocks set to climb as 'phase one' trade deal boosts sentimentEuropean stocks were set to open higher Monday after the U.S. and China agreed a 'phase one' trade deal, though investors are likely to remain cautious with some details remaining unclear. Did I miss the official documentation, signing, and handshake for Phase 1? how many times do stocks rise on the same freakling news? got damn I can't wait until the Soybean algos kick in on 'Phase 2 trade deal talks going well'
Source: CNBC - 🏆 12. / 72 Read more »
Global Stocks Rise as China’s Economy Shows GainsStocks started the week higher as data signaled an improvement in the Chinese economy, adding to optimism that some of the biggest risks to markets are clearing. TrumpEconomy
Source: WSJ - 🏆 98. / 63 Read more »