^IXIC - NASDAQ Composite
| Previous Close | 7,950.78 |
| Open | 8,047.34 |
| Volume | 1,882,932,771 |
| Day's Range | 8,046.80 - 8,115.80 |
| 52 Week Range | 6,190.17 - 8,339.64 |
| Avg. Volume | 2,044,394,687 |
- Investor's Business Daily
Dow Jones Futures: Will China Trade Deal Spur Stock Market Rally? Apple At Highs, Microsoft, Google, Nvidia Near Buys
Stock futures: Will the China trade deal spur the stock market to record highs like Apple? Microsoft, Google, Nvidia, Facebook, Visa are near buys.
- MarketWatch
Business welcomes US-China trade truce, but disputes remain
Companies have welcomed a U.S.-Chinese trade truce as a possible step toward breaking a deadlock in a 15-month-old tariff war, while economists caution there was little progress toward settling core disputes including technology that threaten global growth.
- MarketWatch
A little more sun is shining on a cloudy U.S. economy, but the skies aren’t all clear yet
Is the sun peaking through the clouds that have been gathering over the U.S. economy? It sure seems so.
- Barrons.com
Sometimes Things Can Go Right — and a Lot Did for the Stock Market Last Week
Shares climb on apparently good portents for the global economy, U.S.-China trade, and Brexit. But that spelled bad news for bonds, whose long rally might be ending.
- Reuters
US STOCKS-Wall Street jumps but ends off highs after partial trade deal
U.S. stocks ended more than 1% higher on Friday though well off the day's highs after the announcement of a partial trade deal between the United States and China. President Donald Trump, speaking to reporters after talks with Chinese Vice Premier Liu He, said the United States and China had come to a substantial phase-1 trade deal, reaching agreement on intellectual property, financial services and big agricultural purchases. The market had risen in recent days due to optimism for an agreement and the S&P 500 was up as much as about 1.9% earlier in the session.
- Reuters
GLOBAL MARKETS-Stocks off highs after trade deal announced; Brexit hopes boost pound
U.S. crude rose 2.54% to $54.91 per barrel and Brent traded at $60.69, up 2.69% on the day. The Fed announcement triggered a steepening of the U.S. yield curve, with the spread between 10-year and three-month yields on track to end the session in positive territory for the first time since May.
- Barrons.com
The Dow Jumped 320 Points Because Trump Delivered the China Trade Deal
Stocks rallied Friday as the U.S. and China reached an agreement to halt the trade war for now, potentially paving the way to a broader deal in the future. The next round of tariffs against China won’t go into effect.
- Barrons.com
The Dow Was Up More Than 500 Points Before a Trade Deal Was Confirmed. It Closed Up Just 320 Points.
5:18 p.m. The U.S. and China reached “phase one” of a trade deal, but the market wasn’t sure what to make of it. The Dow Jones Industrial Average, which traded up more than 500 points, closed up 319.92 points, or 1.2%, at 26,816.59, while the S&P 500 advanced 1.1% to 2970.27, and the Nasdaq Composite gained 1.3% to 8057.04. 3:46 p.m. The Dow Jones Industrial Average finally traded with a 5-handle after President Donald Trump confirmed that the U.S. had reached a “phase one” trade deal with China—and then dropped back to where it had been trading.
- MarketWatch
Dow closes 300 points higher after U.S.-China trade truce
U.S. stocks notched significant gains Friday, though they closed off session highs, after reports that the U.S. and China had reached an agreement to ease trade tensions that includes the elimination of at least some planned tariffs.
- Barrons.com
Tech Stocks Rally on News of a Trade Agreement
Reports that trade talks were going well gave a particular lift to semiconductor stocks, almost all of which have huge exposure to the Chinese market.
- Investor's Business Daily
Trump Reaches China Trade Deal; How Big Is It For U.S. Economy, Dow Jones?
The Dow Jones surged on relief over an expected China trade deal. It's good news for the U.S. economy. But lots of trade uncertainty will remain, even as political risk takes center stage.
- MarketWatch
Dow ends with more than 300-point gain on report of U.S.-China 'phase one' trade agreement
Stocks posted solid gains on Friday, but came off intraday highs, after President Donald Trump said the U.S. had reached a "phase one deal" between the U.S. and China. Negotiators from both sides capped their two-day talks. The S&P 500 finished up by 1.1% to around 2,970. The Dow Jones Industrial Average advanced 318 points, or 1.2%, to end around 26,815, based on preliminary numbers. The Nasdaq Composite ended higher by 1.3% to 8,057. For the week, the S&P 500 was up 0.6%, the Dow was up 0.9%, and Nasdaq was up 0.9%. Treasury Secretary Steven Mnuchin said tariffs would not go into place next week. Earlier, the Federal Reserve had announced the central bank would buy $60 billion of Treasury bills every month at least into the second-quarter, starting from next week. In company news, shares of Apple Inc. rose 2.8% to close at an all-time high.
- MarketWatch
Trump says U.S. and China have substantial phase one deal on trade
President Donald Trump on Friday said the U.S. has reached a "substantial" phase one deal on trade with China. Treasury Secretary Steven Mnuchin said the U.S. won't implement China tariff hikes that had been set for next week. Earlier Friday, a Bloomberg News report citing unnamed sources said the U.S. and China had achieved a partial trade agreement that could help lead to a truce in their trade war and lay the groundwork for a broader deal. Stocks were sharply higher Friday, with analysts giving credit to optimism over the trade negotiations.
- Reuters
GLOBAL MARKETS-Stocks rally on trade talks; Brexit deal hopes boost pound
Global stocks and the euro rallied on Friday on signs of progress in U.S.-China trade talks and hopes that Britain was moving closer to a smooth exit from the European Union. U.S. officials signaled good news was coming after a second day of trade talks with China ended, boosting investor hopes that the world's two largest economies would agree to cool the fires of their 15-month tariff war. Sterling jumped nearly 2% versus the dollar for a second day, putting it on track for its largest weekly gain in more than two years after the EU Brexit negotiator reported a "constructive" meeting with his British counterpart.
- MarketWatch
U.S., China reach partial trade deal: report
The U.S. and China reached a partial trade agreement Friday that could help lead to a truce in their trade war and lay the groundwork for a broader deal, said a Bloomberg News report citing unnamed sources. The partial deal calls for China to agree to some agricultural concessions and for the U.S. to offer some relief on tariffs, added the report, which also described the pact as tentative. It was not expected to address issues such as intellectual-property theft and forced technology transfer. U.S.-China trade talks this week have come amid expectations about a "mini-deal" that would potentially involve concessions ahead of a larger agreement, such as China offering to buy more American agricultural products or the U.S. pulling back on tariffs. U.S. stocks have been trading sharply higher Friday, with analysts giving credit to optimism over the trade negotiations.
- Barrons.com
The Dow Is Soaring Because a U.S.-China Trade Deal Might Actually Happen
President Donald Trump is scheduled to meet with Chinese Vice Premier Liu He at 2:45 p.m. Friday. And the Federal Reserve said it would buy Treasury bills, helping to send the market even higher.
- Reuters
US STOCKS-Wall St jumps on U.S.-China trade deal optimism
U.S. stocks rose sharply on Friday as hopes grew that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases. Cyclicals were among the day's best-performing groups, with industrials and others up more than 2% ahead of the third-quarter earnings season set to begin next week.
- Investor's Business Daily
Dow Rallies 500 Points On China Trade Deal Hopes; Is Apple In Buy Range?
The Dow Jones Industrial Average stormed as much as 500 points higher, fueled by high hopes ahead of U.S.-China trade talks scheduled for 2:45 ET.
- Investor's Business Daily
Dow Jones Powers Higher With S&P 500, Nasdaq; Is A China Trade Deal Near?
Several stocks in the Dow Jones showed gains of 2% or more Friday as Wall Street grew optimistic about some sort of China trade deal.
- Reuters
US STOCKS-Wall St rallies on trade deal hopes, focus shifts to Trump-Liu meeting
Wall Street rose for the third straight session on Friday, with hopes running high that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases. Shares of Apple Inc hit a record high and were the biggest boost to the S&P 500 and Nasdaq, while the technology sector was set for its best day in five weeks.
- Reuters
GLOBAL MARKETS-Stocks bask in "warmer feelings" from trade talks, Brexit deal hopes
Global stocks and the euro rallied on Friday on signs of a detente in the U.S.-China trade war and hopes that Britain was moving closer to a smooth exit from the European Union. U.S. crude rose 1.46% to $54.33 per barrel and Brent was last at $60.16, up 1.79% on the day.
- Barrons.com
The Dow Is Up 386 Points Because of Trump’s Upbeat Trade Tweets
The three major U.S. stock market indexes rose as investors expected good news from the trade talks between the U.S. and China. President Donald Trump tweeted that “good things are happening.”
- Investing.com
Stocks -- Trade Deal Sends Wall Street Soaring
Investing.com - Stocks finished at their highest levels in about two weeks as President Donald Trump touted a "substantial phase one deal" that resolves some of the trade disputes between the United States and China.
- Yahoo Finance Video
U.S. China trade talks optimism lifts stocks
President Trump is currently meeting with Chinese Vice Premier Liu He. In a tweet Thursday morning, Trump said "Good things are happening..." Yahoo Finance's Adam Shapiro and Brian Cheung discuss with Dan Suzuki, Richard Bernstein Advisors Portfolio Manager and Leland Miller, China Beige Book CEO.
