U.S. markets closed higher on a Monday for the first time in a month on hopes that the Fed's Jackson Hole Symposium will see central bankers outline further steps that can be possibly taken to support economic growth, if needed.The upcoming U.S./ China trade talks were also a source of optimism after Commerce Secretary Wilbur Ross said the U.S. will extend a major Chinese Tech company’s license...
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U.S. markets closed higher on a Monday for the first time in a month on hopes that the Fed's Jackson Hole Symposium will see central bankers outline further steps that can be possibly taken to support economic growth, if needed.The upcoming U.S./ China trade talks were also a source of optimism after Commerce Secretary Wilbur Ross said the U.S. will extend a major Chinese Tech company’s license...
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U.S. markets settled higher to end the week and for the first time in 3 Friday sessions but closed lower for the 3rd-straight week as the continued gains weren’t enough to offset the midweek selloff. Momentum held throughout the session after President Trump said a call is planned with China's President Xi, soon.The steepening in the U.S. yield curve was likely a more important catalyst the...
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With all eyes on U.S.-China trade, these macro risks are underexaminedU.S. equity investors have had plenty to worry about in August, with an escalating U.S.-China trade spat and a brief inversion of a key yield spread helping to send stocks to their worst performance in the first half of a month in 2019.The Dow Jones Industrial Average is down 3.7% on a month-to-date basis, the S&P 500 has...
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