GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

In a relationship. Stocks rallied for a second straight day on renewed trade hopes as China appears to be holding out an olive branch. Despite some disappointing GDP figures and earnings results investors were elated that the US and China were talking again.

Joy riding. Stocks rose yesterday as no bad news on trade hit the tape. Crazy UK politics was not enough to upset investors who took the glass half full view and bought equities.

Seesaw. Stocks reversed early gains yesterday to close in the red as the bond market challenged the President’s claims. No trade news left investors debating whether or not a phone call actually came from China over the weekend and ultimately the yeses lost.

Up, down, to, and fro. Markets bounced yesterday on the President’s reporting that China wants a deal. In the wake of last Friday’s disastrous session for stocks, Trump's warmer tone offered a reprieve from the fear trade.

Regrets, I’ve had a few…. Stocks plunged on Friday in response to a trade war escalation while the Fed attempted to instill confidence. Friday’s session was a roller coaster brought on by a series of Trump tweets, which overshadowed Powell’s dovish speech.

A view of the mountains. Stocks posted a mixed close yesterday as traders awaited the Jerome Powell’s Jackson Hole speech this morning. Surprisingly weak economic news and hawkish comments by some Fed officials were not enough to douse the dovish hopes of traders.