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Adrift

Adrift. Stocks drifted modestly higher yesterday as Chinese trade rhetoric eased and expectations for easy money rose. Early session selling on EU trade troubles turned into buying in an uneventful day of trade.
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Are we good to go?

Are we good to go? Stock traders asked themselves that question early in yesterday’s session, unable to find an answer, a morning rally fell flat. Stocks closed higher yesterday but well off their lows as traders tried to decide what was more important: a potential end to trade troubles or lower...
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Wheelin’ and Dealin’

Wheelin’ and Dealin’. Stocks rose on Friday as optimism for a trade deal ruled the day. Core inflation ticked up slightly along with personal income, while spending was down slightly, but traders focused on the trade talks.
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The Companies Count

The companies count. Stocks closed mixed yesterday, reminding investors that individual company risk is a thing. All eyes are turned east as the G-20 begins in Japan and many are hoping for something big.
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Choose your words carefully!

Choose your words carefully! It was an up and down ride for stocks yesterday with US-China trade talks rekindling old anxieties. Stocks started the session believing something good will come out of a Trump-Xi meeting this weekend, but careful examination of the facts proved otherwise.
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Step up to the mic

Step up to the mic. Fed Governors stepped up to the mic and spoke up yesterday and the market didn’t like what they said. Stocks slid yesterday as Fed speakers dampened hopes of big rate cuts and trade anxiety added to the upset.
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Paused

Paused. Stocks took a pause yesterday with a mixed close as traders await some news on the trade war. Early in the session gains melted away as gulf tensions and the ongoing trade war overtook rate cut optimism.
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