Market High from Trump-Xi Trade Truce May Not Last

  • 📰 WSJ
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Heard on the Street: The U.S. economy may be more vulnerable to higher levies on Chinese imports than the White House thinks

President Trump meets with China President Xi Jinping at the start of their bilateral meeting at the G-20 leaders summit in Osaka, Japan. Photo: kevin lamarque/Reuters By Spencer Jakab June 29, 2019 8:08 am ET The Fourth of July fireworks will come a few days early this year for traders.

The most obvious winners from the summit’s aftermath will be U.S. technology companies with direct or indirect exposure to embattled Chinese telecom giant Huawei Technologies Co. In remarks following the meeting, Mr. Trump said that U.S. companies would be able to sell equipment to Huawei that has “not a great national-emergency problem with it.” Though the U.S. and other western nations may forgo buying allegedly compromised Huawei equipment, software and chip companies may keep supplying it.

Stocks overall are likely to rise on the benign outcome of the talks. The question, though, is whether the gains will last, even for the sectors most likely to benefit. U.S. equity markets just closed out their best June in over 60 years and their best first half in over 20 largely on expectations that the Federal Reserve is set to come to the rescue with rate cuts. June began with a surprisingly weak U.S. payrolls number that, coupled with trade concerns and a slew of tepid U.S.

Even chip stocks and agricultural commodities could give back gains. The Philadelphia Semiconductor Index is up by nearly 28% this year despite the Huawei tensions amid mixed news such as weakness in data-center demand. In the longer run, U.S. threats to cripple telecommunication equipment companies ZTE and Huawei have given China a strong incentive to become self-sufficient in key technologies, which could ultimately hurt the business prospects of U.S. tech companies.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 98. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Trump is damaging the USA and its citizens every day. He's like a hairdryer - only blowing hot air. 0 respect for this 'stable genius'.

What the hell does “heard on the street” mean? Great source.

Has Trump successfully negotiated anything yet? This dude is inept.

But, Trump is a stable genius who’s never wrong.

sdonnan The WH has thinkers?

I can tell the things that youre dreamin about, i hear the secrets that you keep when your talkin in your sleep. Everything about you is a mystery

realDonaldTrump 70年來,中美共同犯下殺人罪,數億人命,無數家庭妻離子散,家破人亡!你和你的家族有了這份!這杯必永不離開你和你的家族。我如此向聖潔的上帝求!IvankaTrump FLOTUS HongXiuzhu WhiteHouse VP AbeShinzo theresa_may netanyahu moonriver365 NikkiHaley SecPompeo

Trump, same as other presidents, is fooled by CCP. Don’t blame Obama again

The science of economics is in turmoil, with fundamentals of Econ 01 being supplanted by political rhetoric. In the basics are the tools to create whatever society one wishes.

Talk that talk baby better walk better walk that walk baby

Why did Nixon decide to make China rich? What was the thinking after fighting communism at every level then all of a sudden a bunch of corps wanted to spend less on wages and u lose ur balls and sellout to China? Wtf is wrong with u.

No shit

Have any of your predictions been right?

Im gonna check out if that's alright with you

And the Chinese know it, they are waiting him out !

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

French market watchdog to London: stop trading EU shares after BrexitBritain should give investment firms clarity by signalling an end to the trading... Soure Grapes ho they say t not worried by god they are over Massun employment f EU yes we will have in employment to but they be hit hard , Germany already suffering they need t accept we are leaving Ict 31 st . It’s amazing they say yes y can go but my they do there v best t mak You stay see how they treat UK we big contributors they do not want t lose it they have in ways treated us like Shit , our MPs Leaders are as much t blame we will deal with these S Servering Lot they have made our Country Laughing Stock we not forget
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Falling U.S dollar could give new shine to emerging market debtPivot to emerging market debt in forecast as global yields vanish not again🤣
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

There’s a big flaw in stock-market bulls’ logicExpecting the Federal Reserve to aggressively cut interest rates flies in the face of common sense.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Russia, Saudi deal shows commitment to oil market stability: NovakRussia's deal with Saudi Arabia on crude production cuts shows their commit... Stability at the highest rate possible, after you gut American green power and get Iranian and Venezuelan oil out. Long live the Moscow/Saudi/Israeli Axis! Why isn't the Idiot in on that for the US? Like he really cared about American. If Russia and Saudi making deals where do that leave the USA realDonaldTrump
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »