Stocks whipsawed following news of a US-China trade deal

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US stocks rise after Chinese officials say that a phase one trade deal has been reached with the US, averting tariffs that were set to kick in on Sunday

New York Stocks were flat Friday after Chinese officials said that a phase one deal had been reached with the United States that would avert an escalation of the trade war and higher tariffs that were set to kick in on Sunday. President Trump confirmed the news in a series of tweets.

It was a choppy day of trading though, with stocks powering ahead shortly after the open before pulling back after all the news was released.The Dow initially rose more than 150 points and hit a new intraday all-time high in the process before pulling back to more modest gains That followed a more than 220 point jump Thursday on reports that a tentative trade agreement had been reached.China's Commerce Ministry held a press conference Friday to discuss the progress in the trade talks.

 

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The Chinese wants a shady favor from TraitorTrump at the same time the Chinese wants to help him with reelection.

POTUS is a genius! Why does CNN hate the American ppl when they are doing so well? What a shame the bias & the hatred that is regurgitated from this media outlet. Proven wrong over & over again; hatred for citizens from our nation is overwhelming I can’t view any longer.

Good for the market!!!

trump and friends will sell just before trump change his mind and calls China for a no deal

The art of the deal. Democrats had nothing to do with this success and never could have negotiated this. America,first working. Globalists crying makes me happy.

More winning.

funds by 12/14/2019 plus compound Interest which should be around 14.7 Million

Hard for you to say that Trump made that happen....huh

sandyc1772 And Trump Corp cashed in.

What did other Presidents do while in office? Trump is making them appear very lazy.

This is just temporary. Very strange how the stock market has been going up and down on the whims of 45

Sorry my friend you may be good people but obviously you’ve been reading from the wrong Teleprompter for the last three years check out Fox five now they’re teleprompters tell the truth God bless America God bless our president

I love coming here repeatedly seeing the “I hope America fails because I hate the president” tweets...

Yes, Dem’s Help Pass Trade Bill, 🏋️‍♂️. Things Getting Done During Impeachment, Now Republican’s Turn To Pass Gun Bill, 📉 They Say Hell No. 🦆”Hand in Cookie Jar”, 🍪 NRA. Money. Go. Bernie. 🕊

The DOW is down

China clearly won this battle!

As usual, you are wrong. As of now, they are down 26 points. They may rise later, but when you reported this FakeNews, they were down. Fact-check yourselves better.

Tariffs work! CNN was wrong.

Or later today.

averting is not a solution

A fake deal.. trump is such a con

Must be an election coming up

Any Quid pro Quo with 45* ‘s 2020 campaign intertwined there?

Trump deal or no deal game! Lol

MAGA. Fake news is sick right now

Intentionally vague huh

Thank you, POTUS!!

Winning never gets old...see yall in 202 with the first President to be impeached by the house is re-elected

Maybe, and then back up on Tuesday...how is your 401k doing !!!!!

They might want to wait and see if the President was just lying again, as he has done previously on this very subject.

Is that the same type of “phase one” as a Trump medical?

Nothing settled

They will drop Monday

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