|Day's Range||7,370.3286 - 7,432.5264|
|52 Week Range||6,081.9600 - 7,637.2700|
Stocks trading in limbo here as Trump tacks again on ZTE, and China.
U.S. stocks ended lower on Tuesday, weighed down by lingering uncertainty over the outcome of trade talks between the United States and China and declines in energy and industrial shares. President Donald Trump on Tuesday said he was not pleased with recent trade talks between the United States and China and earlier said there was no deal yet with China on ZTE Corp .
Stocks faded Tuesday afternoon and finished the day mostly lower as industrial companies and retailers fell. Smaller and more U.S.-focused companies slumped after setting records the last few days.
Stocks closed lower Tuesday as modest gains evaporated after selling picked up in the final hour of trading.
U.S. stocks closed lower on Tuesday giving up some of the sharp gains from the previous session as uncertainty over trade policy and other geopolitical issues remained high. The Dow Jones Industrial Average ...
U.S. stocks mostly dipped on Tuesday as investors weighed comments on trade talks between the United States and China and as energy and industrial shares fell. U.S. President Donald Trump said he was not pleased with the recent U.S.-China trade talks and also raised doubts about the upcoming North Korea summit.
The stock market was mixed and mostly unchanged in afternoon trading Tuesday, unfazed by comments from President Trump about North Korea and trade talks with China.
Want to know why the Dow Jones Industrial Average is doing what it's doing? The Dow Jones Industrial Average has dropped 62.61 points, or 0.3%, to 24,950.68, while the S&P 500 is up 0.1% to 2736.08 and the Nasdaq Composite has advanced 0.1% to 7404.01. About the only exciting thing going on is the rout in retail stocks—the SPDR S&P Retail ETF (XRT) has slumped 1.4% to $46.11 following earnings from Kohl's (KSS), AutoZone (AZO), and Advance Auto Parts (AAP)—but the sector is too small these days to move the needle all that much.
Wall Street gave up earlier gains and were little changed on Tuesday afternoon after U.S. President Donald Trump said he was not pleased with the recent U.S.-China trade talks and also raised doubts about the upcoming North Korea summit. Trump said the China trade talks "were a start" and that there was no deal with China on ZTE Corp. Trump has adopted a more conciliatory stance in the China talks as North Korea, whose chief ally is Beijing, has called into question a summit planned for next month in Singapore.
Though the major U.S. benchmarks have flatlined of late, boring remains bullish, and notable resistance is currently under siege, writes Michael Ashbaugh.
U.S. stocks edged higher on Tuesday, led by financial and energy stocks, as the United States and China made progress on ironing out their trade differences and reach an agreement. The consumer discretionary index fell 0.2 percent on disappointing quarterly reports from retailer Kohl's and homebuilder Toll Brothers.
Washington neared a deal to lift its ban on U.S. firms supplying Chinese telecoms gear maker ZTE Corp, sources said on Tuesday, while Beijing said it will steeply cut import tariffs for automobiles and car parts. Shares of Ford, General Motors, as well as the U.S.-listed shares of Fiat, were up between 1 percent and 2.4 percent. "The market is taking very well to what appears to be the fact that Trump is able to maneuver the trade talks in our favor," said Andre Bakhos, managing director at Janlyn Capital LLC in Bernardsville, New Jersey.
Wall Street opened higher for the second straight day on Tuesday, boosted by gains in tech stocks as trade talks between the United States and China gained momentum. The Dow Jones Industrial Average rose ...
Stocks opened slightly higher Tuesday, building on strong gains scored the previous day as worries over trade tensions between the U.S. and China continued to recede. The S&P 500 rose 0.2% to trade at ...
The two rounds of meetings between the United States and China's high level delegates have prevented trade related tensions from escalating.
Chip-maker stocks traded higher Monday after Micron Technology Inc. raised its outlook for the quarter and broader markets rose on an apparent easing in trade tensions with China.
Dow futures pointed to a fresh move above 25,000 for the blue-chip index as investors continued to cheer signs of easing tensions between the U.S. and China.
The Dow Jones Industrial Average surged nearly 300 points Monday to its highest level in more than two months as concerns about a possible trade war between the U.S. and China temporarily eased. Trade tensions receded as Treasury Secretary Steven Mnuchin said the U.S. will suspend its efforts to apply tariffs to $150 billion in Chinese imports. “I’m very skeptical that we’re anywhere near a resolution on China,” said Peter Cecchini, chief market strategist at Cantor Fitzgerald.
The dose of optimism on US-China trade relations that boosted US stocks higher on Monday was fading on Tuesday morning, with the Dow Jones Industrial Average dipping into the red while investors mull the latest developments from the two countries’ talks. A day after cracking above the 25,000-point level for the first time since March, the Dow Jones Industrial Average was sitting lower, down 0.2 per cent to 24,963, as the enthusiasm for large industrials like Boeing — seen as benefiting from thawing of US-China trade relations — started to ease. Hussein Sayed, chief market strategist at FXTM, suggested in a note that Wall Street got “overexcited” on Monday at the prospect of progress in the US-China discussions, with Steven Mnuchin, the US Treasury secretary, declaring a truce in the trade war.
Asian markets were subdued in Tuesday trade. U.S. Treasury Secretary Steven Mnuchin told CNBC that trade talks with China had progress. The U.S. may lift its ban on U.S. companies selling technology to ZTE, the Wall Street Journal reported.