S&P 500, Dow eye record highs at open on trade deal hopes, solid earnings

- The S&P 500 and Dow Jones indexes were set to hit fresh record highs at the open, as upbeat comments related to U.S.-China trade talks and strong earnings from semiconductor industry bellwether Applied Materials helped lift the mood.

White House economic adviser Larry Kudlow said late on Thursday that the world’s two largest economies were getting close to a trade agreement, citing what he called very constructive talks with Beijing about ending a 16-month trade war. “We have been here so many times where the market gets its hopes up and then it gets crushed,” said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.

CNN will blame the lows on Trump and praise someone else for the highs. Lol!

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks retreat from record closes for S&P 500 and Dow as U.S. - China trade talks stallU.S. stocks pull back Thursday, drifting lower a day after the Dow Jones Industrial Average and S&P 500 eked out record closes. Lol they playing that game on people's emotions and money Want to hop that ban waggaon, we all know we're is heading to a cliff Hop on the future Cryptocurrency XRP blockchain do your own research not financial advice 😉
Source: MarketWatch - 🏆 3. / 97 Read more »

Asia stocks set to nudge higher following overnight S&P 500 recordAsia markets were set to trade little changed on Friday following a record close overnight on Wall Street for the S&P 500. 😍 15 😍
Source: CNBC - 🏆 12. / 72 Read more »