Blue-Chips Tap Fresh All-Time High

November 13, 2019 By: Todd Mitchell

U.S. markets opened lower to start Wednesday’s session as Wall Street prepared for the public impeachment inquiry proceedings and comments from Fed Chairman Jerome Powell. There was nothing surprising in Powell’s prepared remarks although the market rebounded off its lows and into positive territory while he was speaking.Weakness ensued afterwards on reports the U.S./ China trade talks have...

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US-China trade talks are getting held up because of disagreements on a number of issues

By: Todd Mitchell

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Nike won’t sell directly to Amazon anymore

By: Todd Mitchell

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Gold hit by uncertainty over US-China trade deal, firmer dollar

November 12, 2019 By: Todd Mitchell

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Stocks – S&P, Nasdaq See Small Gains After Hitting Highs

By: Todd Mitchell

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Nasdaq, S&P 500 Tap Another Round of Record Highs

By: Todd Mitchell

U.S. markets resumed their run at record highs on Thursday following news the U.S. and China have agreed in principle to roll back some tariffs amid progress on the Phase One trade deal. Solid earnings continue to pour in with 77% of companies now topping 3Q estimates as better-than-expected numbers also helped the rally.The Transportation sector broke out to a fresh 52-week peak and has been...

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