Contact Your Financial Adviser Money Making MC
13 February 2019
 |
| Financial Markets (The Total Investment & Insurance Solutions) |
Stocks extended their gains in early trading on Wall Street Wednesday as
investors remain optimistic that the U.S. and China will make more progress in
resolving their trade dispute.
Key officials from the world's two largest
economies will meet Thursday and Friday to try and stave off an escalation of a
conflict that has hurt companies and consumers by raising prices on a number of
products. President Donald Trump has said he might let a March 2 deadline slide
if the countries get close to a deal.
After March 2, additional tariffs are
scheduled to kick in, making the situation worse. Economists and analysts are
optimistic that both sides will eventually hammer out an agreement that
satisfies U.S. complaints that China steals or pressures U.S. companies to hand
over technology. The Total Investment
& Insurance Solutions
Meanwhile, U.S. companies are nearing the end
of a relatively strong earnings season. Hotel operator Hilton gained after
reporting profit and revenue that easily beat analysts' forecasts. Groupon fell
as lower sales resulted in weak fourth-quarter profit. The Total Investment & Insurance Solutions
KEEPING SCORE: The Dow Jones Industrial
Average rose 173 points, or 0.7 percent, to 25,596 points as of 10 a.m. The
S&P 500 index rose 0.6 percent and the Nasdaq composite rose 0.5 percent.
OVERSEAS: Stocks in Europe rose broadly,
despite a report of slumping industrial output across the 19 countries that use
the euro. Industrial output fell 4.2 percent in December, marking the worst
rate of decline since November of 2009.
The Total Investment & Insurance Solutions
Asian markets were also higher.The Total Investment & Insurance
Solutions
No comments:
Post a Comment