U.S. stock futures were lower this morning, as both President Donald Trump and China ramp up the rhetoric in their trade dispute, ahead of resumed talks in Washington today. The Dow eked out a small gain Wednesday, but it's still off more than 2% this week. Trump fueled market concerns late Wednesday, saying at a rally in Florida that China"broke the deal." Trade negotiations get underway today, facing a 12:01 a.m. ET Friday deadline for the U.S.
North Korea fired unidentified projectiles today, according to the South Korean military. It's the third such launch by Pyongyang since talks collapsed between President Trump and North Korea leader Kim Jong Un in February. * 'We reject any ultimatums': Europe responds firmly to Iran's nuclear deal threat
Edgewell Personal Care , owner of Schick and Wilkinson razors, announced today plans to buy U.S.-based shaving startup Harry's for $1.37 billion, in a cash-and-stock deal. Three years ago, Unilever purchased Dollar Shave Club for $1 billion. A coalition of 19 consumer and privacy groups plans to file a complaint, alleging that Amazon's Echo Dot Kids Edition is illegally collecting voice recordings and other identifying information on users under 13 and that the system's parental controls are flawed.
Tapestry , the company formerly known as Coach reported adjusted quarterly profit of 42 cents per share, 1-cent above estimates, with revenue essentially in line. Comparable store sales were up 1.0%, beat the 0.9 percent consensus forecast. Roku lost an adjusted 9 cents per share for the first quarter, smaller than the 25 cent loss that Wall Street was expecting. The maker of streaming video devices saw revenue beat estimates. Roku also gave an upbeat current quarter forecast.
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Source: MarketWatch - 🏆 3. / 97 Read more »
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Source: Reuters - 🏆 2. / 97 Read more »
Stocks slide sharply at the open amid reignited U.S.-China trade fearsU.S. stock market benchmarks slumped at the opening bell on Monday after President Donald Trump, unhappy with the pace of progress in recent trade talks,...
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Stocks slide as Trump’s China trade threat reverberatesEquities slumped globally on Monday and Treasuries rallied after President Donald Trump’s threat to increase tariffs on Chinese imports called into question the chances of a resolution to the trade war. docrocktex26 I guess we are now seeing what else Vladimir Putin instructed his minion Trump to do. Get America & China into a costly trade war would please Putin greatly. Chinese envoys are preparing to travel to the United States, suggesting talks on ending a bruising tariff war will go ahead despite Trump's surprise threat to raise import taxes. Kick China out of the WTO until they start prosecuting the millions of knockoff and ripoff companies which flood markets with stolen designs and products. China shouldn’t have access to world markets until they get serious.
Source: latimes - 🏆 11. / 82 Read more »
Asia Pacific stocks set to slip amid renewed US-China trade tensionsStocks in Asia were poised to slip at the open on Tuesday amid renewed trade tensions between the U.S. and China. You call tension a 150percent increase on what import taxes used to be. Euphemistic! Excuses excuses, Xi has already blinked. What are you guys prepping to cover up/make excuses for?
Source: CNBC - 🏆 12. / 72 Read more »
U.S. Stocks’ Losses Ease Despite Intensified China Trade TensionsU.S. stocks erased most of their losses, easing from session lows after heightened anxiety over the U.S.-China trade spat pressured major stock indexes. Thank you for your service RampCapitalLLC. NO DEAL unless with China unless US can get a good free trade deal --- for both sides. 250 points is still slightly?
Source: WSJ - 🏆 98. / 63 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »