Jonathan Golub, Credit Suisse Chief U.S. Equity Strategist, joined The Final Round to discuss the relationship between stocks and the economy and his outlook for the market through the end of the year.
Over the past decade, the dynamic between Chinese and United States tech companies has undergone dramatic shifts. Once seen as a promising market for American companies, that narrative flipped as China’s tech innovation and investment power became increasingly evident, and the expanding reach of the Chinese Communist Party’s cybersecurity regulations fueled concerns about data privacy. The U.S. Commerce Department was set to enforce the shutdown of TikTok and WeChat in the United States last weekend, but both apps got reprieves.
COMPANY CLOSE UPDATES Terrence Horan Shares of Alphabet Inc. Cl A GOOGL advanced 2.08% to $1,459.82 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.