US Edition
US stocks add to weekly gains amid trade deal optimism
- On Friday, Wall Street equities advanced further, extending their weekly improvements driven by optimism surrounding a potential trade agreement between the US and China in New York.
- This rise followed the announcement on Monday that the United States and China would slash tariffs for 90 days to allow further talks.
- The S&P 500 gained 0.7 percent for its fifth consecutive session, while investors largely overlooked weaker consumer sentiment data indicating a somber economic outlook.
- Chris Low from FHN Financial highlighted a growing sense of relief due to benign US inflation data, which helped ease fears that tariffs would sharply increase prices.
- The gains suggest markets expect progress on trade talks despite remaining levies and ongoing uncertainty about the economic impact of tariffs and Fed interest rate decisions.
68 Articles
68 Articles
Tesla Stock Soars, But Will Sales? - CleanTechnica
Tesla stock soared this week. There are different theories on why that is. I think the biggest and most likely factor was Donald Trump seemingly rolling back his big tariffs talk. Many on Wall Street see Trump as mostly bluster and bluffing, and didn’t take his tariff talk too seriously. ... [continued] The post Tesla Stock Soars, But Will Sales? appeared first on CleanTechnica.
Daily Journal
US stocks add to weekly gains amid trade deal optimism
Wall Street stocks rose again Friday, adding to weekly gains fueled by deescalation of the China-US trade war and hopes for additional international trade deals.
Global equities gain, gold prices set for big weekly loss
Source: Live Mint By Chris Prentice and Stella Qiu NEW YORK/SYDNEY (Reuters) -Wall Street gained on Friday, as European shares climbed to a fifth straight weekly gain on upbeat earnings that helped sustain the rally sparked by a U.S.-China trade truce. Gold prices were set for their biggest weekly loss since November. Oil futures notched a weekly gain but remain relatively low, further supporting stocks and bonds. MSCI’s gauge of stocks acr…
Rocket Fuel for the Market
By John Stewart, chief investment officer at Farmers Trust Co. Week in Review: Rocket Fuel for the Market On the last edition of The Investors Edge, we had essentially round-tripped the tariff-induced selloff that began at the beginning of April. Now that President Trump has announced trade deals with the UK and China, and Congress […] The post Rocket Fuel for the Market | The Investors Edge appeared first on Business Journal Daily | The Youngst…
Coverage Details
Bias Distribution
- 36% of the sources are Center, 36% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
