GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

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.

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.

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.

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.

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.

October chill. Stocks dropped yesterday as recession fears gripped traders. Tuesday’s weak manufacturing number combined with an unexpectedly weak employment number spooked investors.