Markets are trading higher today off strong third-quarter earnings as well as a potential Brexit deal between the U.K. and the European Union. This comes after stocks edged lower the previous trading session due to U.S.-China tension and weak retail data. Last week, negotiations between the U.S. and China were productive while this week, comments […]
Following today’s weaker than expected retail data release and the growing tension between the U.S. and China, stocks are trading lower. Last Friday’s U.S.-China agreement pushed U.S. benchmarks into the green to start the week, while also being backed by strong corporate earnings, but recent comments from China have reversed course on trade sentiment, citing […]
Markets are muted today after seeing a nice boost on Friday sparked by the announcement of “phase one” of the U.S.-China trade deal. U.S. tariffs on Chinese goods that were due to increase on Tuesday will not be put into effect while the two sides try to sign a deal. While a bigger trade deal […]
RoboStreet – October 10, 2019 Tale of Two Trade Deals on the Table China showed up in Washington D.C. yesterday with its largest contingent of trade delegates and high-level officials seen in the past two years. Whether there is strength in numbers to get a formal deal with the U.S. to delay the next round […]
All three major U.S. indices are on track to close in the green at the start of the two-day meeting between China and the U.S. in the White House. Markets were also supported by the news that President Trump would attend tomorrow’s meeting with Vice Premier Liu He, sparking hope of progress or some form […]
Major U.S. benchmarks are trading higher today ahead of U.S.-China trade talks with are set to resume tomorrow. Tariff resolution and clarity regarding negotiations going forward will be key as both sides meet in D.C. this week. Today, last month’s FOMC minutes were released, providing further detail on the decision to cut interest rates as […]
Markets are trading to mixed results to start the week which will feature an appearance from Fed Chair Powell today, FOMC minutes on Wednesday, and the start of the latest round of negotiations between the U.S. and China on Thursday. Optimism for another interest rate cut in 2019 grows while sentiment going into the next […]
RoboStreet – October 3, 2019 Phenomenal Year-End Set Up or Falling Knife? True to form, the month of October is living up to its reputation of being the most volatile time of the year for the stock market. It’s one thing to be investing within a headline-driven market, and another thing to know that key […]
Following one of the worst trading days in recent history, markets are recovering today with all three major U.S. indices on track to close with slight gains. Underwhelming economic reports and political unease have pressured markets this week while optimism for another interest rate cut by the Fed continues to grow. Following the World Trade […]
Markets are trading lower today behind alarming economic reports and continued impeachment concerns. Yesterday’s factory index release showed manufacturing activity slipped for the fifth straight month while private-sector jobs also lowered. With additional details still being released and congressional testimonies scheduled for the weeks ahead, the latest impeachment news involves Secretary of State Mike Pompeo’s […]
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