Reuters Stocks rose on Wednesday as investors waited for signs of progress toward a trade deal between the United States and China. Traders appeared to shrug-off a slump in the pound that was sparked by UK Prime Minister Boris Johnson’s request to suspend Parliament ahead of Brexit. A boost in oil prices fueled a jump […]
Stocks tumble as investors remain unconvinced on trade progress
Reuters/Carlos Barria Stocks fell on Tuesday as traders were unsure if the US and China were making meaningful progress on a trade deal, stoking fears of another stalemate. Chinese officials reiterated that they were unaware of the phone calls President Trump claimed occurred over the weekend between high level negotiators. Philip Morris International confirmed it […]
Stocks surge as Trump calms investor fears over his trade war with China
Reuters Stocks rose on Monday after President Trump said China wants to return to the negotiating table to make a trade deal His comments soothed anxious investors that were bracing for a more prolonged trade war over the weekend. While speaking at a press conference at the Group of Seven summit in France, the president […]
Stocks rally on signs of further central bank stimulus
Reuters Stocks rose on Tuesday as new signs emerged that central banks are prepared to roll out economic stimulus should recession signs continue to arise. The Federal Reserve suggested in its most recent minutes that the central bank could cut rates further in 2019 if the global economy continued to weaken. Target surged 20% to […]
Stocks charge higher on trade progress and signs of government stimulus
Andrew Burton/Getty Images Stocks charge higher on Monday after the Trump administration said it had begun planning a new round of trade negotiations with China. Stocks also got a boost on signs of economic stimulus from Germany, which stoked hopes that other nations would do the same. The US is also expected to extend some […]
Stocks advance to close a chaotic week of trading
Associated Press Stocks climbed on Friday after a choppy week of trading amid a bond-market rally and hopes of new economic stimulus across Europe. German news-magazine Der Spiegel reported Germany plans to engage in deficit spending should the country fall into a recession, while an official from the European Central Bank recently said monetary stimulus […]