Posted on 04/05/2018 10:21:24 AM PDT by Olog-hai
Stocks in the U.S. are rising Thursday and major indexes in Europe are surging as global markets continue a rally that began late the previous day. Wall Street is getting more optimistic that a trade dispute between the U.S. and China, the two largest economies in the world, will be resolved without too much pain. Some of the biggest gains are going to technology companies, retailers and banks.
The S&P 500 index climbed 18 points, or 0.7 percent, to 2,662 as of 12:45 p.m. Eastern time. The Dow Jones industrial average rose 237 points, or 1 percent, to 24,501. It was up 357 earlier. The Nasdaq composite added 35 points, or 0.5 percent, to 7,077. The Russell 2000 index of smaller-company stocks rose 9 points, or 0.6 percent, to 1,541.
The Dow tumbled 501 points Wednesday morning after the U.S. and China each announced tariffs on about $50 billion in goods made by the other country. But stocks turned higher and the Dow finished with a gain of 230 points as officials in both countries reassured investors that they are willing to talk and aren’t rushing into a trade war that could hurt global economic growth and company profits.
After a plunge Monday and a big bounce back Tuesday, followed by a steep loss that turned into a big gain Wednesday, the S&P 500 is now up 0.8 percent this week. …
(Excerpt) Read more at apnews.com ...
Once again, Donald Trump has put us in a position to negotiate from strength rather than simply taking the crap that the world wants to give us. You have to create leverage to negotiate. Trump did it. He doesn't want protectionism or trade wars. He wants fair trade. And he's more likely to get it than Bush or Obama were.
This is starting to smell like the big fund managers manipulating the markets by big selloffs when markets rebounds and then buying back in when market bottoms.
The idiot media always “explains” any movement in the DOW. When it went down, they said it was over fear of a trade war. It went down a day or two later, and they said it was because fears of a trade war had “eased.” It went down, and now it’s up again. The truth is they don’t know. The stock market, like the weather, changes, and humans try frantically to explain the change.
It’s only up 147 now.
This is why the stock market is falling The Fed's raising interest rates so aggressively .
Marxists and or globalists ant-Trumpers have taken over the Fed and are trying to crash the market and economy to get rid of Trump.
The Fed left the rates near zero for all of Obama’s term but raised them in 2006-2007 just in time to crash the economy give us Obama
Dissolve the Fed . Go back to the gold standard.
The Fed controls the stock market and economy.
The American economy is “Much More Diverse” and far bigger than the Chinese one.
The American economy, for all its faults, is stable, and China’s, by most accounts, is on the verge of a debt crisis. BLAMO
They are cheats, period and play games instead of doing deals that make sense, delivering a product as promised and being bound by a contract.
Checkmate= you are out of moves....
Thanks Olog-hai.
Stocks should go UP when we fight back, not down. Just shows what weasel dicks the “investor” class(less) really is.
The truth is that the daily change is the result of literally millions of people making literally tens of millions of personal decisions based on entirely unique circumstances, and the few times that some event explains part of the movement, it usually rarely accounts for more than 10% of the movement anyway.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.