(Wednesday Market Open) After several days of tumbling amid trade war fears, markets look like they’re ready to possibly rebound a little Wednesday. Strength in European and Asian indices overnight could help provide some traction, and a slight pullback in bond prices might indicate more willingness among investors to embrace risk.
At the same time, volatility faded a bit, with the Cboe VIX falling back below 13 after rising above 14 earlier this week.
Despite these positive developments and a rally in pre-market trading, there’s no major change on the trade front that’s helped pin down stocks over the last few days. Maybe after a six-day losing streak for the Dow Jones Industrial Average ($DJI), people are simply engaged in some bargain hunting. Whether this can give the market a lift that lasts is unclear. We shall see.
In a major development r
Equities futures have regained some of yesterday’s optimism as China’s president talks about about further opening the nation’s economy, including lowering tariffs on automobiles.
Trade jitters could still be the focus today, without much other news on the front page. Volatility is likely to remain elevated.
The market shifted to what some call "risk-off" mode Friday as talk of a trade war seemed to trigger a selloff in the stock market, with the major indices falling over 2%.
U.S. payrolls added fewer than expected jobs, according to today's release from the Department of Labor. Plus, more tough trade talk from the U.S. and China rekindle fears of a trade war.
The major stock indices shook off early tariff fears yesterday to finish higher , and the rally has followed through to early trading Thursday. Friday's monthly employment report is up next.
A new round off tariffs announced by China spark trade war fears, with stocks in the U.S. and overseas falling Wednesday in early trading.
Stocks get a bump in pre-market trading Tuesday after Monday's sharp selloff. Caution appears to be in store as Friday's employment report and upcoming earnings season are just ahead.
Q2 2018 begins with a thud as weakness in the technology and consumer sectors pull the S&P 500 (SPX) and other indices into correction territory.
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