|Day's Range||7,388.7686 - 7,432.5264|
|52 Week Range||6,081.9600 - 7,637.2700|
Here’s a quick wrap up of other headlines making news today.
This week’s economic calendar can best be defined as manufacturing-centric. Away from the FOMC minutes, scheduled for release on Wednesday afternoon, and Chair Jerome Powell’s scheduled talk on Friday morning, investors will be keeping a close eye on a sector of the economy that many had given up on — at least until November 2016. Today we got the Chicago Fed National Manufacturing Index, which surprised to the upside with a big revision to the prior month.
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.
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.
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 ...