GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

Takin’ it slow. Stocks ended their winning streak yesterday as traders pondered trade war impacts and Fed policy. With very little news to consume, investors relied on China policy and twitter to drive the market.

Up-timism. Traders were optimistic in the wake of Trump’s decision to drop his tariff threat to Mexico and they took stocks up for a fifth straight session. Despite early session excitement the still-looming threat of the Chinese trade dispute dampened the rally and stocks closed off their session...

Bad is the new good! Stocks surged on Friday with increased hopes of a Fed rate cut. A soft jobs number was perceived as the final straw to push the Fed over the easing line.

Rate fate. Stocks climbed for a third straight session as rumors emerged that the Administration would delay the onset of Mexican tariffs. Investors continue to ponder rate cuts in the wake of dovish-ish comments by the Fed and they feel emboldened.

Rate-cut fever, part 2. Yesterday, stocks surged for a second day as investors continued to celebrate Chairman Powell’s awkwardly worded Tuesday speech. Stock traders were looking for reasons to buy stocks and they found it in the Fed.

Yay for Jay! Stocks were propelled upward yesterday after dovish comments by Fed Chief Jerome “Jay” Powell. Traders were given hope that rate cuts are forthcoming so they bought oversold tech stocks.