Daily Market Update
with JJ Kinahan

5 min read

Doubling Down: New Tariff Threat Could Hit Big Names, Boost Treasuries

(Tuesday Market Open) The administration doubled down on threats to China, keeping trade relations front and center and helping build pressure on stocks in pre-market trading. Chipmakers, automakers, and industrial names took the brunt of the blow in the hours before the open and Treasuries climbed as investors appeared nervous about where this trade battle might go next.

The Dow Jones Industrial Average ($DJI), where many major multinational companies reside, fell several hundred points in the pre-market hours. This echoed the trend from Friday and Monday in which the $DJI felt pressure from tariff talk. President Trump is threatening tariffs on an additional $200 billion in Chinese goods on top of the $50 billion he targeted last week. When you think of trade with China, it’s the major multinationals, chipmakers, and automakers that might come to mind as perhaps having the most to lose if trade relations decline further. Meanwhile, some investors seem inclined to seek safety in Treasuries, where 10-year yields fell below 2.9%.

The action this week comes as a reminder that in times of thin market news between earnings seasons, geopolitics can play a major role in sh

Read article

Like the sound of up to $600 cash? Open and fund a new account.

Featured Video

Real Talk with JJ Kinahan

0:30
WATCH NOW

Real Talk with JJ Kinahan

0:30
WATCH NOW
TD Ameritrade Network is brought to you by TD Ameritrade Media Productions Company. TD Ameritrade Media Productions Company and TD Ameritrade, Inc. are separate but affiliated subsidiaries of TD Ameritrade Holding Corporation. © 2018 TD Ameritrade Network. All rights reserved. Used with permission.

Daily Market Update

Previous Daily Market Update articles

Case of the Mondays: Global Trade Worries Pressure Stocks in Early Trade June 18, 2018 7:40 AM   |  

A mini-rebound heading into the Friday close didn't carry through into Monday, as trade concerns weigh stocks in early trading Monday.

5 min read  |  Daily Market Update
Talking Tariffs: Escalating Trade Battle With China Could Bring Pressure June 15, 2018 7:40 AM   |  

New U.S. tariffs on China announced today are front and center, while quadruple witching is another factor that might be worth watching.

5 min read  |  Daily Market Update
Fed's Latest Rate Hike Comes with More Hawkish Language June 13, 2018 3:30 PM   |  

The Fed raised its benchmark interest rate Tuesday, as expected, and included more hawkish language in a statement indicating a stronger economic outlook.

5 min read  |  Daily Market Update
AT&T-Time Warner Ruling Injects Optimism Into Market Ahead of Fed June 13, 2018 7:40 AM   |  

After AT&T-Time Warner ruling, investor focus today is likely to be on the conclusion of the Federal Open Market Committee meeting and press conference scheduled for this afternoon.

5 min read  |  Daily Market Update
Market Apparently in Wait-And-Watch Mode After Trump-Kim Summit June 12, 2018 7:40 AM   |  

The Trump-Kim summit statement was light on details, leaving Wall Street in wait-and-watch mode.

5 min read  |  Daily Market Update
Global Village: Central Bank Meetings, N. Korea In Focus As Week Starts June 11, 2018 7:40 AM   |  

The week is dominated by central bank meetings, including the Fed. There’s also some inflation data Tuesday and Wednesday, and the U.S. meeting with North Korea also looms large.

5 min read  |  Daily Market Update
Go to Your Corners: Global Stocks Fall as G-7 Meets Amid Tariff Tension June 8, 2018 7:40 AM   |  

Global markets came under pressure Friday as G-7 leaders prepared to meet in Canada amid trade tensions. Meanwhile, back home, concerns surfaced about iPhone demand.

5 min read  |  Daily Market Update
Northern Lights: Eyes Turn Toward G7 Meeting in Canada Amid Global Rally June 7, 2018 7:40 AM   |  

Global markets followed the U.S. with a rally of their own early Thursday. Not much data or earnings news to monitor, so attention could turn toward G7 meeting.

5 min read  |  Daily Market Update
Call Us
800-454-9272
adChoicesAdChoices

Market volatility, volume, and system availability may delay account access and trade executions.

Past performance of a security or strategy does not guarantee future results or success.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.

Supporting documentation for any claims, comparisons, statistics, or other technical data will be supplied upon request.

The information is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for illustrative purposes only. Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade. Clients must consider all relevant risk factors, including their own personal financial situations, before trading.

This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.

TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2018 TD Ameritrade.

Scroll to Top