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Tag: Stocks

Stocks attempt third day of gains, Trump eyes softer tariff tone
Approved, Fox Business, National

Stocks attempt third day of gains, Trump eyes softer tariff tone

By FOX Business Team , Christina Shaw, Bradford Betz and Stephen Sorace | Fox Business Stocks are higher on Thursday, extending gains from the prior two sessions. The Dow Jones Industrial Average was up more than 300 points, or 0.8%, while the S&P 500 and Nasdaq Composite climbed 1.5% and 2%, respectively. The major indexes opened mixed on Thursday after China said there are no ongoing talks with the U.S. on tariffs. Ministry of Commerce spokesman He Yadong said on Thursday that "Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis," according to The Associated Press. READ THE FULL STORY AT FOX BUSINESS
US stocks fall after China slaps 125% tariff on US imports, escalating trade war
Approved, National, New York Post

US stocks fall after China slaps 125% tariff on US imports, escalating trade war

By Taylor Herzlich | New York Post US stocks fell on Friday as China struck back at President Trump’s latest tariff with a total 125% tax — further escalating trade tensions between the two nations. The Dow Jones Industrial Average lost 254 points, or 0.6%, after plummeting 1,014.79 the day before. The index has been on a wild ride over the past week as markets struggle to absorb back-and-forth trade war news, plunging more than 4,000 points after Trump revealed his so-called “reciprocal” tariffs last Wednesday, then recovering more than 1,500 points this week after he announced a 90-day pause on most of his harsher tariffs. READ THE FULL STORY AT THE NEW YORK POST
Stocks soar after strong demand in treasury auction and tariff pause
Approved, Breitbart, National

Stocks soar after strong demand in treasury auction and tariff pause

By John Carney | Breitbart Wall Street surged Wednesday after a blowout 10-year Treasury auction helped calm fears of a financial crisis, delivering a sharp rebuke to doomsayers who predicted foreign investors would flee American assets in protest of President Donald Trump’s trade agenda, and President Trump announced a pause in tariff hikes on some countries. The Dow jumped 5.9 percent, the S&P 500 rose 7.3 percent, and the Nasdaq soared 8.9 percent, capping a dramatic rebound from a week of steep losses triggered by spiking bond yields and escalating global tariffs. The spark? A remarkably strong $39 billion auction of 10-year Treasury notes. The bonds sold at a yield of 4.435 percent, lower than expected, with a significant stop-through—a sign that investors were eager to b...
US stocks saw biggest inflow since June on day of Trump’s election win: Bank of America
Approved, Fox Business, National

US stocks saw biggest inflow since June on day of Trump’s election win: Bank of America

By  Breck Dumas | Fox Business Investors poured $20 billion into U.S. equity funds on Wednesday after President-elect Donald Trump was declared the winner of the presidential election, according to Bank of America. The bank's strategists, led by Michael Hartnett, reported that it was the biggest daily stock inflow since June, and the $2.9 billion that flooded into financials was the highest on record. The note said the biggest picture is that "Trump won big, as US voters cared more about inflation, inequality…immigration than low unemployment," and the Republicans' "big sweep" equates to "big policies," with the potential for $8 trillion in tax cuts, $3 trillion in tariff revenues and $1 trillion in spending cuts. READ THE FULL STORY AT FOX BUSINESS