Back in Black. Markets were able to recover from early losses on Wednesday: The Dow Jones Industrial Average was 0.4% higher near midday, while the S&P 500 rose 0.6% and the Nasdaq Composite had gained 1%. Despite some downbeat economic data this morning, investors were feeling hopeful that delays in certain tariffs could ease tension between the U.S.
and China and lead to more fruitful trade negotiations between the two.Alibaba Group Holding was up 0.5% to $175.77 after reporting strong earnings despite worries about China’s economy.Applied Materials rose 3.8% to $41.52 after Susquehanna upgraded it to Positive. The company reports its earnings on Thursday.Legg Mason rallied 2.1% to $35.40. The Wall Street Journal reported that Trian Fund Management may initiate an activist campaign at the company.
With style 🎉
that’s green
Black? Um, green?
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Stocks Plummet As U.S.-China Trade Dispute EscalatesU.S. equities and commodities are taking a hit as trade war tensions between the U.S. and China continue to escalate by theothersarahh theothersarahh i dont care...eff the chicoms theothersarahh How about just leave china alone in their own little world, and set sites on other countrys like africa, thialand, germany, spain, mexico, heck how about new zealand, plenty of people wants.
Source: Forbes - 🏆 394. / 53 Read more »
Here are Monday’s worst stock-market performers as U.S.-China trade dispute escalatesThese stocks are taking the biggest beating Monday with Dow now down 700 points TrumpsTariffs are a winning strategy. Not.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks bounce back from losses after investors digest U.S.-China trade upheavalThe Dow gains 200 points in morning trading after a price reset, while the S&P 500 and Nasdaq both inch forward. 🇺🇸It's with great pleasure that Democrats watch Trump absolutely hammering Republican states with his tariffs. Causing them massive economic strife, bankruptcies & permanently lost trade contracts. And then forcing Repub farmers to accept billions in socialist bailouts. MAGA!! realDonaldTrump Stocks bounce back in early dealing as gaming tradesmen realize there is no other casino than the market to play at.
Source: washingtonpost - 🏆 95. / 72 Read more »
Dow stocks losing more than $150 billion in market cap combinedWith the stocks of all 30 Dow Jones Industrial Average companies losing ground amid a broad stock market battering, the companies have shed $157.3 billion in... while crypto is all green, think about that one And how much does Trump generate via tariffs, hmmmm Those paper losses will likely be recovered by 2:00 pm tomorrow.
Source: MarketWatch - 🏆 3. / 97 Read more »