China’s pledge to buy U.S. farm goods based on “market conditions” during the Phase 1 trade deal signing ceremony on Wednesday added to doubts among farmers and commodity traders over the lingering tariffs on U.S. exports.
Americans won’t feel much of a financial reprieve from a trade truce with China. While further pain was avoided, U.S. consumers are still living with previous rounds of tariffs. …read more […]
President Trump slammed Apple after the tech company refused requests from U.S. Attorney General William Barr and the FBI to unlock the iPhones allegedly used by the shooter who killed 3 people at Pensacola, Florida. Yahoo Finance’s Dan Howley joins Seana Smith on The Ticker to discuss. …read more […]
Earlier this week, I asked this question in The War Room…
How long can this melt-up last?
The answer…
A lot longer than anyone expects.
This prompted me to introduce a new strategy – a strategy I’d like to share with you here, right now in today’s Trade of the Day.
It goes like this…
Let’s assume for a moment that we are indeed close to a “blow-off top” in the markets.
If that’s the case – then why don’t we really lean into it?
In other words, let’s play some stocks that can really amplify a final blow-off rally.
What could that group look like?
Well, look no …read more […]
South African telecoms company Telkom SA told unions on Wednesday it could cut up to 3,000 of more than 15,000 staff as it struggles with declining performance in fixed voice and fixed data services.
U.S. stocks climbed but were off earlier intraday records on Wednesday after the United States and China signed a Phase 1 trade agreement and pledged to resolve a tariff dispute that has roiled financial markets for over a year.
Target is tumbling after a disappointing holiday season. The retailer’s same-store sales rising only 1.4% between November and December compared to a growth rate of 5.7% a year ago. Retail Expert Erin Sykes breaks down what this means for Target moving forward. Yahoo Finance’s Zack Guzman & Sibile Marcellus join in on the conversation. …read more […]
The long-awaited U.S.-China trade deal unveiled on Wednesday touted new wins for U.S. financial firms looking to access China’s $4 trillion financial market, but many of the changes were already in train even before the trade war ignited.
Bernstein lowered its rating of Beyond meat to market perform. Yahoo Finance’s Seana Smith and Heidi Chung discuss on The Ticker. …read more […]
The S&P 500 rose to trade near all-time high on Wednesday after the United States and China signed a Phase 1 trade agreement and pledged to resolve their longstanding tariff dispute that has roiled financial markets in the recent years.
Three summers ago, my brother took me to one of his favorite bars in New York. (He worked for a hedge fund at the time.) Later that evening, there would be live music and a large raucous crowd. Conversation would be impossible. But while it was relatively quiet, my brother discussed a recent investment proposal he turned down.
It was brought to him by a startup that’s now a household name. It wasn’t a well-known company back then. But everyone in the startup investing business knew about it. And everyone wanted a piece of this startup – except for my brother.
His …read more […]
Chinese President Xi Jinping told U.S. President Donald Trump in a letter that he welcomes the Phase 1 trade deal reached with the United States and that he is willing to stay in close touch with the American leader.
Taking the occasional loss comes part and parcel with investing on the stock market. Anyone who held Spectrum… …read more […]
Target Corp fell short of its own expectations for holiday season sales on Wednesday, reporting a drop off in online growth and demand for toys and electronics that sent a shiver through the wider U.S. retail sector.
China has agreed to increase purchase $76.7 billion worth of U.S. goods in the first year of the newly signed Phase 1 trade deal with the United States, with $123.3 billion slated for the second year, according to the text of the agreement released on Wednesday.
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