Daily Market Update
with JJ Kinahan

5 min read

After Tuesday’s Rally Fizzled, Optimism Surges On China Trade Hopes

(Wednesday Market Open) If at first you don’t succeed…

That seems to be the attitude Wednesday, with Wall Street apparently aiming high after an early rally fizzled yesterday. Once again, ideas that trade talks with China might yield some fruit appeared to be the motivating factor, in part because of comments by President Trump and reports that China might loosen restrictions on auto imports. Trump said he might be willing to intervene in the criminal case of a top Chinese executive arrested last week if it would help reach a trade deal. That statement seems to be giving the market new hope.

Yesterday’s rally attempt got scotched for a bunch of reasons (see more below), and it’s unclear if the early strength today has more gusto. One negative overhang could be concerns about Britain. A leadership challenge to Prime Minister Theresa May seems possible, according to media reports, after she postponed voting on a Brexit measure earlier this week. Despite that, European and Asian markets all traded higher early Wednesday, and crude, gold, and U.S. Treasury yields were on the rise as well.

Anoth

Read article
TD Ameritrade Network Logo

Don't just watch the news. Use it.

Tune in to TD Ameritrade Network

TD Ameritrade Network is brought to you by TD Ameritrade Media Productions Company. TD Ameritrade Media Productions Company and TD Ameritrade, Inc., member FINRA/SIPC are separate but affiliated subsidiaries of TD Ameritrade Holding Corporation. © 2018 TD Ameritrade.

Daily Market Update

Previous Daily Market Update articles

Momentum Play: Tech Catches Tailwind Amid Fresh Trade Tidings December 11, 2018 9:20 AM   |  

A rally in tech helped bring the market out of the Monday doldrums, and some of that momentum appeared to carry into early Tuesday amid renewed optimism over trade talks with China.

5 min read  |  Daily Market Update
After Wild Week, Market Faces Same Host of Issues That Brought it Down December 10, 2018 8:20 AM   |  

After a rough week where stocks fell 4%, focus in the days ahead might turn toward monthly inflation data and congressional testimony by Fed Chair Jerome Powell. Retail sales are another metric to consider watching for possible clues on consumer sentiment.

5 min read  |  Daily Market Update
I’ll Have Vanilla: Dull Jobs Data Could Be Just What’s Needed After Wild Week December 7, 2018 9:30 AM   |  

The market wraps a volatile week with a middle-of-the road jobs report that indicated steady employment growth, but not enough to stoke inflation fears.

5 min read  |  Daily Market Update
Market Remains Under Pressure Amid Contrary Trade Winds, Worry About Yield Inversion December 6, 2018 9:45 AM   |  

Despite a mid-week break in trading, the market doesn’t seem like it’s able to break its downward momentum as worries appear to continue about a possible U.S. economic slowdown and progress on the U.S.-China trade front.

5 min read  |  Daily Market Update

Featured Video

Webcasts for investors of all kinds.

Explore upcoming webcasts covering a wide range of topics including current market conditions.

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