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GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST
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Wealth 101
October 14, 2019
Deal or no deal
Deal or no deal. In a news filled day, stocks rallied on Friday driven by an interim agreement between the US and China. Consumers remain confident and the Fed wants us to know that they still have our backs.
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October 11, 2019
All quiet on the Eastern front
All quiet on the Eastern front. Stocks rose yesterday as trade talks between US and China kicked off in Washington. Positive tweets and good body language have investors feeling like this might be the one.
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October 10, 2019
One Bumpy Ride
One bumpy ride. Stocks climbed yesterday on renewed hope for a trade deal as China sent positive signals. High hopes for high level talks which begin today drove yesterday’s rally.
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October 9, 2019
Nervous Habit
Nervous habit. Stocks fell sharply yesterday as the US sanctioned Chinese companies for human rights violations raising investor concerns that a trade deal might be far off. Even Chairman Powell’s calming words were not enough to turn stocks around.
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October 8, 2019
Stuck in the mud
Stuck in the mud. Last week’s comeback in stocks stalled yesterday as investors turned their attention back to trade talks with China. Mixed signals about potential progress between the US and China kept bulls on the sidelines.
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October 7, 2019
Getting to work
Getting to work. Stocks traded sharply higher on Friday on good employment figures. Friday’s market moves topped off a week of volatility on mixed signals from the US economy giving both bulls and bears some hope.
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October 4, 2019
The Cavalry Approaches
The cavalry approaches. Scary economic data was not going to push markets down yesterday because the Fed will come to the rescue… so goes the theory. Stocks fell on bad economic data but recovered and closed in the black on high hopes of more rate cuts.
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