Markets are trading lower today as uncertainty regarding U.S.-China tariff relief and rising Hong Kong tensions weaken global trade optimism. Along with bond markets, which are closed in observance of the Veterans’ Day holiday, there will be no key economic or earnings reports released today; however, big-name earnings still due this week will feature Cisco, […]

RoboStreet – November 7, 2019  Market Gaps Higher on Rosier Outlook for China Deal  Stocks are extending their record-setting gains after a spokesperson for China’s Commerce Ministry reportedly said both the U.S. and China have agreed to cancel some tariffs in place on each other’s goods as part of the “Phase One” trade deal negotiations. […]

All three major U.S. indices are nearing record highs after news that both the U.S. and China would scale back tariffs in phases, ahead of the December signing of “phase one” of the trade deal. With both sides looking to continue negotiations, the latest development to cancel certain tariffs has been positively received by global […]

Markets traded lower in early morning trading after the latest reports regarding “phase one” of the U.S.-China trade deal delayed the finalized agreement until December, with both sides looking for additional meetings to continue negotiating the terms of the deal. Also in the spotlight this week are the latest big-name corporate earnings including Qualcomm, Square, […]

All three major U.S. indices are on track to close in the green and reaching record highs behind strong corporate earnings, phase one of the U.S.-China trade agreement, and the recently released October labor data. While the preliminary deal may not yet be signed, both the U.S. and China have continued to show signs of […]

RoboStreet – October 31, 2019  China Turns Tail on Trade Deal…Again Just as it seemed some genuine progress was about to be made in the long-running trade war with China, it was reported Wednesday that Chile scrapped plans to host next month’s Asia-Pacific Economic Cooperation trade summit where President Trump was expected to meet with Chinese counterpart Xi Jinping […]

Following the third straight interest rate cut by the FOMC, markets are trading lower today with the Dow, S&P, and Nasdaq on track to close in the red. Pressuring markets is the latest hiccup in U.S.-China negotiations as additional delays are likely to occur following the latest comments from Chinese officials, as well as weaker […]

Markets moved lower in early morning trading with all three major indices in the red ahead of the conclusion of the two-day Federal Open Market Committee policy meeting.  Following the meeting, the Fed announced the third straight rate cut with  Fed Chair Jerome Powell meeting with the press. Following the FOMC, earnings will take center […]

Markets are trading higher ahead of this week’s two-day Federal Open Market Committee meeting, where rates are expected to be cut, and today’s third-quarter earnings from Google parent company Alphabet Inc, due after market close. Fed Chair Powell will meet with the press on Wednesday and discuss the latest policy update. Also supporting markets today […]

RoboStreet – October 24, 2019  Weaker Dollar Strengthens Bullish Sentiment  For the companies that make up the S&P 500, the percentage of sales from foreign countries for 2018 was 42.9% of total sales, which is a down from the record 47.8% registered in 2014. S&P began tracking this data going back to 2003. Information technology […]