Bulls Get Weekly Win on Friday’s ReboundU.S. markets posted a strong Friday while recovering losses from earlier in week to finish mostly higher overall. The strong session came after a solid start to the 1Q earnings with the Financial sector leading they way following better-than-expected numbers.The gains helped pushed the major indexes towards their all-times highs from last November with...
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After days of dull stock action, we’re seeing signs of life as earnings season kicks off. China blasted out pretty upbeat exports data Friday, setting the tone for what could be an upbeat day, helped by upbeat results out of J.P. Morgan and Wells Fargo.The S&P barely budged this week ahead of earnings season as investors avoided taking risks - the index is up 15% so far this year....
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(Thursday Market Open) As investors appear to be awaiting the ramp-up of earnings season with bank quarterly reports tomorrow, they have some incremental geopolitical news to digest. Trade negotiations between the United States and China continue. U.S. Treasury Secretary Steven Mnuchin told CNBC that the U.S. and China have “pretty much agreed” on an enforcement mechanism, and the Wall...
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U.S. markets closed higher for the 2nd-straight week following a positive Friday and progressive trade talks with China along with a goldilocks jobs report. President Trump said the two sides were making swift progress in trade talks, adding we should know over the next 4 weeks if an agreement can be reached.Chinese Vice Premier Liu He also stated a new consensus has been reached by both parties...
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