|Day's range||8,462.99 - 8,514.84|
|52-week range||6,190.17 - 8,514.84|
President Donald Trump continued to bash the Federal Reserve, saying stocks would be 25% higher if his own nominee for Fed Chairman had not raised rates during the beginning of his presidency.
US stocks were holding their collective breath at the open on Tuesday, poised for a speech by President Donald Trump that could offer clarity on US trade disputes with China and Europe. With a Wednesday deadline for deciding whether to impose tariffs on European cars, which would send US trade conflicts into a new dimension, and investors anxiously awaiting a deal with China, Trump's midday speech to the Economic Club of New York will be must-see TV. "The lack of conviction isn't so much due to a lack of news as it is due to the absence of news market participants are waiting on to be made," Briefing.com analyst Patrick J. O'Hare said.
The S&P 500 and Nasdaq hit all-time highs during trading but stocks ended off session highs after a highly anticipated midday speech from Trump, with investors concerned ahead of time about any comments that would worsen the tariff dispute that has convulsed markets for more than a year. Trump said U.S. and Chinese negotiators were "close" to a "phase one" trade deal, but largely repeated well-worn rhetoric about China's "cheating" on trade in remarks at The Economic Club of New York.
World stock markets rose Tuesday as investor awaited news on progress in negotiations on the trade dispute between China and the United States. An update could come later in the day, when U.S. President Donald Trump is scheduled to give a speech on trade and economic policy at the Economic Club of New York. Wall Street looked set for gains, with the futures for the Dow and the S&P 500 both up 0.1%.
The Nasdaq climbed to a record high as investors kept watch for signs of progress in US-China trade talks and awaited congressional testimony from Jay Powell. US stocks maintained solid gains as Donald Trump made a speech at the Economic Club of New York in which he said a preliminary trade pact between the world’s two largest economies may be near. The Nasdaq Composite was up 0.3 per cent for a closing high.
Wall Street was mostly lower Monday in a quiet holiday session, but Boeing's announcement on returning its 737 MAX to service after two deadly crashes provide a boost to the Dow. The aviation giant said it still hopes the Federal Aviation Administration (FAA) will allow it to resume MAX deliveries to airlines before the end of the year, and to approve the aircraft to begin flying in January. Boeing shares jumped 4.6 percent and that helped the Dow Jones Industrial Average recover from early losses to end the day a fraction higher at 27,691.49.
Boeing propelled the Dow to a record high, but US stocks were otherwise under pressure with investors still racked by uncertainty over trade talks and as political tensions in Hong Kong flared up. Activity on Wall Street was subdued owing to the Veterans Day holiday, with equities trading but the Treasury market closed. The S&P 500 fell 0.2 per cent, while the Nasdaq Composite eased 0.1 per cent lower coming off their record highs on Friday.
Given the ongoing trade issues, the political drama in Washington, the Fed’s multiple moves and geopolitical uncertainties, the one constant this year underpinning stocks has been corporate earnings results.
The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump's remarks over the weekend suggested an end to the trade war with China was still not in sight, dashing recent investor optimism. Trump said on Saturday that the U.S.-Sino trade talks were moving along "very nicely" but more slowly than he would have liked. U.S. and Chinese officials last week said the two countries had agreed to roll back tariffs already in place in a "phase one" trade deal.
The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump's remarks over the weekend dashed investor optimism that Washington and Beijing would soon reach a deal to end their debilitating trade war. Trump said on Saturday that the U.S.-Sino trade talks were moving along "very nicely" but more slowly than he would have liked. Last week, U.S. and Chinese officials said they had agreed to roll back tariffs - a key consideration for China - that already are in place in a "phase one" trade deal.
The Federal Reserve Bank of San Francisco held the central bank's first ever conference focused on climate change on Friday.
Stocks ended slightly higher, shrugging off earlier losses after President Donald Trump wavered over whether tariffs would be rolled back as part of a partial deal with China.
Wall Street stocks were flat early Friday as a top White House advisor said the United States could postpone new tariffs on China but would not roll back existing levies. Peter Navarro, a hardline trade advisor to President Donald Trump, told NPR that a postponement of new tariffs on Chinese goods due to take effect on December 15 was possible but that earlier tariffs would stay in place. The broad-based S&P 500 was down a hair at 3,084.84, while the tech-rich Nasdaq Composite Index gained 0.1 percent to 8,439.88.
US stocks finished their multi-week winning streaks in style, with the three main equities gauges simultaneously closing at record highs. The S&P 500 overcame a sloppy morning session to finish one-quarter ...
US stocks dipped into the red after Donald Trump poured cold water on the idea Washington and Beijing had agreed to roll back tariffs amid the trade war between the world’s two biggest economies. Media reports on Thursday that the US and China would roll back levies helped support a global stock market rally and pushed Wall Street’s three main equities gauges to record high closes. The US president told reporters on Friday morning, though, he had not agreed for the US to roll back tariffs on Chinese imports, but reiterated Beijing still wanted to make a trade deal.
The Dow and S&P 500 finished at fresh records on Thursday following Chinese comments that pointed to a potential removal of tariffs in the long-running trade war with the United States. The Dow Jones Industrial Average ended up 0.7 percent at 27,674.80, about 180 points above the all-time high of two days ago. The broad-based S&P 500 gained 0.3 percent to 3,085.18, while the tech-rich Nasdaq Composite Index advanced 0.3 percent to 8,434.52.
The Dow and S&P 500 notched record closing highs on Thursday as the latest signs of progress in U.S.-China trade relations relieved investors, but a report raising fresh worries about the outlook for a deal limited the day's gains. China said it had agreed with the United States to remove tariffs in phases, while state-owned Xinhua News Agency said Beijing was also considering removing restrictions on poultry imports. An interim U.S.-China trade deal is expected to include a U.S. pledge to scrap tariffs scheduled for Dec. 15.
Wall Street stocks rose back into record territory early Thursday following comments from China that pointed to a potential removal of tariffs in the long-running trade war with the United States. Chinese officials said the two sides have agreed a plan to remove tariffs imposed on goods in stages if a preliminary "phase one" agreement announced last month is finalized. The remarks opened the door to a significant breakthrough in a trade conflict that has pressured the global economy for more than a year, although some analysts noted that the lack of US comment on the issue raised questions.
Global stocks rose Thursday after China said it had agreed with the United States to gradually ease tariffs on each other's exports as part of an effort to scale back their trade war. London's FTSE 100 rose 0.4% to 7,422 after the Bank of England kept rates on hold but saw some policymakers push for a cut. Presidents Donald Trump and Xi Jinping agreed last month to resume trade talks aimed at resolving a more than year-long dispute over technology and industrial policy.