Stocks rally as Trump delays tariffs on China — Cramer and other experts weigh in

  • 📰 CNBC
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Stocks rally as Trump delays tariffs on China Cramer and other experts weigh in (via TradingNation)

"I think the Europeans should be careful. The president is no fan of [Angela] Merkel, the president is no fan of the way that the Europeans have handled their auto tariffs and they could be next. If they continue to make it so the euro is being debased, they ought to be very careful. I think the president is itching for something against them ...

Jim Paulsen, chief investment strategist at Leuthold Group, said the bond market is in a prime position to spur more gains in the U.S. stock market. "There are some other good things going on here. I think not only the good trade news, but the fact that bond yields have shown a propensity to rise again shows a big vote of confidence coming from the bond market, which is healthy for stocks too. Even this morning there is still a really close relationship between the direction of that 10-year yield and the direction of the stock market. Also, economic surprise indices around the globe have picked up.

Sameer Samana, global equity and technical strategist at the Wells Fargo Investment Institute, said the market is not as bearish as investors expected, but it's still worth being prudent. "At least on an expectation basis, it's clear now to say that people probably got a little too 'beared up.' We were there in the fourth quarter of last year too and the way expectations work is eventually reality starts to outperform.

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:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation realDonaldTrump is worried. Looks like China has him worried. He gave in on his tariff threat. Now realDonaldTrumpis panicking. Trump blinked not just once. MSNBC

TradingNation China kicked trumps ass in his tariff war — trump is a business loser !!!💰💰💵💵

TradingNation Good !!

TradingNation Yun Li? Who is this woman?

TradingNation “Experts” lmao

United States United States Latest News, United States United States Headlines

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

Global stocks are surging after Trump delays China tariffsEuropean and Asian equities and US futures rose after the president made the 'gesture of goodwill.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

US stocks move higher as China eases trade tensionsStocks are rising broadly on Wall Street in afternoon trading as investors welcome China's move to exempt some U.S. products from a recent round of tariffs So what’s trump doin⁉️
Source: ABC - 🏆 471. / 51 Read more »

U.S. stocks climb solidly as China eases some tariffsStocks on Wall Street notched broad gains Wednesday as investors drew encouragement from China's move to exempt some U.S. products from a recent round of tariffs. There you go!😋👍🏿$🇺🇸😏
Source: latimes - 🏆 11. / 82 Read more »