Stocks Regain Ground, Yuan Stabilizes

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The Dow rose about 140 points as markets showed signs of stabilizing after China’s central bank signaled it wouldn’t let the yuan fall much further

Major U.S. stock indexes were poised to recoup some of their losses Tuesday after China’s central bank signaled it wouldn’t let the yuan fall much further, steadying a stock market that had been reeling from escalating trade tensions.

Futures for the Dow Jones Industrial Average and the S&P 500 were both up 0.8% in recent trading, following gains in Europe and broad declines across Asia. Changes in futures don’t necessarily predict how stocks will move after the opening bell

 

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Who cares?

Wait a minute! THIS was 6 weeks ago! barronsonline Oh.. sell PUTS, got it.

Ok, China's central bank wants to stabilize yuan and meanwhile Treasury designates China as a currency manipulator. So speechless. 😵

Chinees will pay Trump's tarrifs but US economy will fall deeper.

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