WealthMintr | Resources-old

S&P 500 Taps Fresh All-time High

October 28, 2019 By: Todd Mitchell

U.S. markets were slightly weak to start Friday’s action following a couple of high profile earnings misses and slightly disappointing economic news. However, the major indexes got a lift following signs the U.S. and China are close to finishing some sections of the phase one trade accord. Treasury Secretary Steve Mnuchin and U.S. Trade Representative Robert Lighthizer held a phone call with...

S&P 500 Falls Just Shy of All-Time High

October 25, 2019 By: Todd Mitchell

U.S. markets were slightly weak to start Friday’s action following a couple of high profile earnings misses and slightly disappointing economic news. However, the major indexes got a lift following signs the U.S. and China are close to finishing some sections of the phase one trade accord.Treasury Secretary Steve Mnuchin and U.S. Trade Representative Robert Lighthizer held a phone call with...

The US says it’s close to finalizing parts of a trade deal with China

By: Todd Mitchell

The US and China are getting close to finalizing some sections of a phase-one trade deal, the Office of the US Trade Representative said on Friday, according to CNBC.The office issued a statement following a conversation that US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin had with Chinese Vice Premier Liu He on Friday."They made headway on specific issues and the...

Microsoft snags hotly contested $10 billion defense contract, beating out Amazon

By: Todd Mitchell

Microsoft has emerged victorious in a dramatic competition for public cloud resources for the U.S. Defense Department, beating out market leader Amazon Web Services, the Pentagon said on Friday. The contract could be worth as much as $10 billion over a decade, according to a statement.Microsoft stock rose as much as 3% in extended trading after the announcement, and Amazon stock dipped less than...