Stocks opened lower on Monday as new worries around a U.S.-China trade agreement emerge despite Friday’s announcements.The Dow Jones Industrial Average fell 52 points at the open, or 0.2%. The S&P 500 slid 0.1% along with the Nasdaq Composite. Monday’s decline came after a surge for stocks in the previous session. The S&P 500 and Nasdaq both gained more than 1%. The Dow,...
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U.S. markets were in rally mode from the start of Friday’s open and maintained momentum throughout the session in hopes of a good outcome in the trade talks between U.S. and Chinese representatives. Tweets from President Trump confirmed that the U.S. had reached what is being called a phase 1 deal with China that will be put into writing and signed.The deal covers intellectual property,...
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U.S. markets showed slight weakness to start Thursday’s session following news out of China suggesting the visit to the U.S. by the Chinese delegation may be cut short. However, a sharp turnaround occurred shortly afterwards when President Trump confirmed he would meet with China’s Vice Premier on Friday at The White House.The higher highs and retest of prior resistance levels were slightly...
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