A crazy last 12 hours has put the market inches away from a record: Here's what happened

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Here's what investors need to know about what's happening in this rapidly changing U.S. market environment.

U.S. stocks climbed twice on positive news about the White House's trade negotiations with China but pared gains after a Trump administration official told CNBC the U.S. is not considering a limited trade deal.

On Thursday morning the European Central Bank announced a cut to its deposit rates, seeking to ease recent pressure on major banks. About an hour before U.S. stock markets opened on Thursday, the Labor Department reported that its core consumer price rate, which is used as a measure of inflation rose to its highest level since 2008.Traders and financial professionals work on the floor of the New York Stock Exchange at the opening bell on August 19, 2019 in New York City.Some market moving events unfolded between the close of U.S. stock markets on Wednesday and the open on Thursday.

 

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the market in running on bullshit instead of the sustainability of companies. When it blows again it gonna be big.

Mark Haines is rolling over in his grave! CNBC used to be the “go to”

I don’t get this how csn all this ups and downs because of hope that trump won’t screw it more

Fake reporting causes problems

😂😂😂

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 /  🏆 12. in TH

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