U.S. stocks surged to new records Thursday propelled by reports the U.S. and China had reached at trade deal to avoid new tariffs due on Sunday, and roll back existing levies, in exchange for purchases of American agricultural products.
U.S. stocks edged higher Wednesday after the Federal Reserve announced it was holding its benchmark interest rate steady and signaled no appetite to raise it soon.
U.S. stocks ended lower Tuesday, setting a two-day losing streak, as a looming December 15 deadline for additional tariffs on Chinese goods weighed down Wall Street.
U.S. stocks slipped Monday after fresh economic data showed a sharp decline in Chinese exports to the U.S., highlighting the impact of the trade war between the world’s two largest economies.
U.S. stocks and government-bond yields rose Friday after a surprisingly upbeat monthly jobs report signaled strength in the U.S. economy, offsetting some of the jitters about trade that rattled investors earlier in the week.
U.S. Steel (X) might be setting up for a big move into the year end. A trader purchased almost 5K of 27 December 2019 calls on Friday betting $145K that the price of X will break above $15 by the end of December.
Shares of Goldman Sachs Group Inc. (GS) spiked on Friday following a media report the company is engaging in settlement talks with the U.S. Justice Department and other agencies over it relationship with Malaysia’s 1MDB investment fund.
U.S. stock indexes ended largely unchanged Thursday as traders awaited a key reading of employment on Friday that could offer further insight on the state of the domestic economy.
U.S. stocks closed higher for the first time in four sessions following a report that a phase-one trade U.S.-China trade deal was still in the works, helping to offset fears of a delay sparked a day earlier by President Donald Trump’s remarks.
S&P500 suffered its biggest single-day pullback since early October on Tuesday after President Trump suggested the trade war with China could continue well into next year.