U.S. stocks climbed on Monday as investors cheered reports that a Sino-American trade deal was moving closer, with the two sides in the final stages of an agreement.
China’s economy will also be in focus this week with the National People’s Congress due to kick off and officials expected to announce growth targets. What are strategists saying? “This morning’s news reinforces the view that from a short-term macroeconomic perspective, the U.S.-China trade deal is the only game in town,” said Jeffrey Halley, senior market analyst at OANDA, in a note to clients.
Shares of Kraft Heinz Co. KHC, +2.75% were up 1.5% early Monday morning, after Morgan Stanley upgraded the stock to equal weight from underweight. The stock is down 24.8% year-to-date after the firm wrote down the value of its Kraft and Oscar Mayer brands by $15.4 billion in February. How did the benchmarks perform last week? On Friday, the S&P 500 index SPX, +0.32% rose 0.7% to 2,803.69, closing above the 2,800 level for the first time since Nov. 8. The Dow industrials DJIA, +0.15% closed up 110.32 points, or 0.4%, to 26,026.32, while Nasdaq Composite Index COMP, +0.45% advanced 0.8% to 7,595.35.
Great, we'll be able to export more to a country that's printed the lowest GDP number in....28 years. doa
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Stocks jump on signs U.S., China close to trade dealAsian shares gained on Monday on reports the United States and China were close ... One day, that headline will come home… He stoked and android setups Microsoft good quality app application and I have make when feeling distortion Thank u! Cha Ching
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »
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Источник: Reuters - 🏆 2. / 97 Прочитайте больше »
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Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
U.S. stocks open higher on reports that U.S.-China trade deal is nearSell the market when the deal is clinched.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »
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Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
Credit Suisse on stocks: 'We love China at the moment'Credit Suisse sees further upside for the Chinese markets, even after shares on the mainland made their largest monthly gain in almost four years in February.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
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Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
Foreigners Snap Up Smaller China Stocks Ahead of MSCI MoveForeign investors have piled into shares of technology-focused companies and other smaller stocks in China, encouraged by their likely inclusion in MSCI’s global benchmarks.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »