Stocks Regain Ground, Yuan Stabilizes

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Dow rose about 140 points as markets showed signs of stabilizing after China’s central bank signaled it wouldn’t let the yuan fall much further

Major U.S. stock indexes were poised to recoup some of their losses Tuesday after China’s central bank signaled it wouldn’t let the yuan fall much further, steadying a stock market that had been reeling from escalating trade tensions.

Futures for the Dow Jones Industrial Average and the S&P 500 were both up 0.8% in recent trading, following gains in Europe and broad declines across Asia. Changes in futures don’t necessarily predict how stocks will move after the opening bell

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:

 /  🏆 98. in ZA
 

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

Who cares?

Wait a minute! THIS was 6 weeks ago! barronsonline Oh.. sell PUTS, got it.

Ok, China's central bank wants to stabilize yuan and meanwhile Treasury designates China as a currency manipulator. So speechless. 😵

Chinees will pay Trump's tarrifs but US economy will fall deeper.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Stocks Close Sharply Lower as Yuan Reels and Trump Jabs at ChinaStocks were pummeled by selling, pushing indexes from New York to Shanghai lower, as the yuan slid and fresh trade threats between Beijing and Washington raised fears of an economic slowdown. Wow a whole 7 months ago. Fear mongering again. Can almost taste the sweet victory with winning the trade war. Can't you? Since...last December. Gee, all the way back then huh?
Source: WSJ - 🏆 98. / 63 Read more »

Stocks deepen losses as U.S. puts yuan in trade war crosshairsGlobal stocks extended their already substantial losses and the offshore yuan hi... Where’s the corrupt federalreserve How about stop making payments to the shareholders so they actually work for us! Make them get paid on how well the markets going! realDonaldTrump POTUS stevenmnuchin1 these nations are soon to get a gut full of trump's bullying, and same from state dept. and justice dept.
Source: Reuters - 🏆 2. / 97 Read more »

Europe stocks open narrowly lower after China takes step to lower yuan concernsEuropean stocks opened with narrow losses after China's central bank set the yuan's reference point higher than expected early Tuesday. The Stoxx Europe 600...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks rout deepens as U.S. sets crosshairs on yuanGlobal stocks extended already substantial losses on Tuesday, after Washington t... From now on it's fighting to the bitter end, which is expected to boost Trump's re-election.
Source: Reuters - 🏆 2. / 97 Read more »

China's yuan steadies, but stocks slump as trade war engulfs currencyChina's tumbling yuan steadied on Tuesday as authorities took steps to cont... The fundamental problem is China doesn't spend the fortune it earned wisely. Instead of using the resources to build up advanced manufacturing technologies so money can still be made when land and labor cost increase, money was wasted on real estate can only wait for devaluation.
Source: Reuters - 🏆 2. / 97 Read more »

Global Stocks Fall Sharply as U.S.-China Spat Over Yuan Escalates Trade WarStocks and government bond yields fell on fears that fresh trade tensions between the world’s two biggest economies could dent economic growth. 🙃🙃🙃 Trump, the Bankruptcy Expert is right on target to bankrupt the USA.
Source: WSJ - 🏆 98. / 63 Read more »