trade war

The Dow dropped 450 points on Tuesday and the SPDR S&P 500 ETF Trust (NYSE: SPY) was down 1.1% after President Donald Trump said he may choose to wait until after the 2020 election to strike a trade deal with China. At a NATO summit in London, Trump said Tuesday’s market drop is “...

As the markets have been pricing in a partial trade deal possibly coming soon, they’ve helped send stocks to record highs. But that thesis is looking shakier this morning after President Trump suggested delaying signing such an economic pact until next year. In saying that he likes the idea...

President Donald Trump said Tuesday that a trade agreement with China may not until after the U.S. presidential election in November 2020, injecting further volatility into markets. The U.S.-China trade war is continuing to drag on, with neither Trump nor Chinese President Xi Jinping willing...

President Donald Trump said Monday that he's reinstating tariffs on steel and aluminum from Argentina and Brazil, criticizing them for what he said is the cheapening of their currencies ot the detriment of U.S. farmers.  “Brazil and Argentina have been presiding over a massive...

With limited earnings reports and changes in analyst ratings, Friday's PreMarket Prep podcast focused mostly on the broad market and issues of interest from our listening audience. Trade Tensions Met With Muted Response Trade tensions surfaced in Wednesday's after-hours session when...

Now that third-quarter earnings season has mostly been completed and investors are entering the relatively low-volume holiday season, it can be tempting for investors to put their portfolios on cruise control until the end of the year. However, the Sevens Report’s Tom Essaye said Tuesday...

Huawei founder Ren Zhengfei said President Donald Trump is giving the Chinese company motivation to "survive by ourselves." What Happened Zhengfei told The Wall Street Journal in an interview that he doesn't care about ongoing U.S.-China trade talks, because Huawei has "...

The iShares FTSE/Xinhua China 25 Index (NYSE: FXI) popped 1.5% and the SPDR S&P 500 ETF Trust (NYSE: SPY) traded up marginally Monday on reports of progress in U.S. trade relations. At the invitation of President Donald Trump, China’s Xi Jinping may soon cross the Pacific to...

China could remove the extra tariffs imposed on U.S. farm products last year in order to ease the way for importers to buy up to $50 billion worth of goods, according to Reuters. At the same time, Bloomberg is reporting that China doubts a “long-term trade deal” is possible...

The United States Trade Representative (USTR) is considering extending the tariff exclusions granted to certain Chinese imports to another year, the agency said on Monday. The government trade agency had imposed an additional 25% duty on Chinese imports in July 2018. It later granted a waiver to...

The third quarter of 2019 brought CEO confidence to a decade-long, recession-level low, according to a survey by The Conference Board. Only 4% of surveyed CEOs expect economic improvements over the next six months. About 67% expect further deterioration. The pessimism carried over into industry...

Pinduoduo Inc (NASDAQ: PDD) shares traded higher on Friday following reports that the U.S. and China are in the process of finalizing some parts of a trade deal. Pinduoduo has seemingly been impervious to negative trade war headlines up to this point, up 136% over the past year, but a trade deal...

Italian economist and former Goldman Sachs Group Inc (NYSE: GS) banker turned European Central Bank President Mario Draghi held his last press conference Thursday as he prepares to leave the position Oct. 31 after eight tumultuous years at the ECB.  European leaders have nominated...

Hasbro, Inc. (NASDAQ: HAS) shares traded lower by more than 15% Tuesday in reaction to a concerning earnings report, but CEO Brian Goldner said the toymaker is in a position to grow in the fourth quarter and beyond. What Happened Hasbro's third quarter was negatively impacted by the U.S.-...

The long-awaited split between Prudential Public Limited Company (NYSE: PUK) and its subsidiary M&G gives investors the option to target their investment in their preferred portion of the insurance and asset management business. Prudential will focus more on Asian markets, while the...