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The Closing Bell: Stocks Rise As Earnings Trump Trade War; Tesla Soars On Musk’s Tweet

TedTed
edited August 2018 in The Bullpen
FYI: U.S. stocks pushed higher Tuesday in lockstep with a global equity rally, as investors brushed aside anxiety over the trade war between the U.S. and China, instead focusing on positive corporate earnings.

Tesla Inc. was in the spotlight, leading the Nasdaq, following a tweet from Chief Executive Elon Musk that hinted he may take the company private.

S&P's 600 And 400 Hit Records, While The S&P 500 Lagged:

Regards,
Ted

Bloomberg:
https://www.bloomberg.com/news/articles/2018-08-07/asian-stocks-advance-treasuries-dollar-steady-markets-wrap

Reuters:
https://www.reuters.com/article/us-usa-stocks/sp-nears-record-as-bank-tech-stocks-climb-idUSKBN1KS195

IBD:
https://www.investors.com/market-trend/the-big-picture/blue-chips-lead-dow-tesla-stock-soars/

MarketWatch:
https://www.marketwatch.com/story/sp-500-poised-to-rise-near-records-as-wall-street-joins-global-market-climb-2018-08-07/print

CNBC:
https://www.cnbc.com/2018/08/07/us-markets-earnings-data-and-trade-concerns-in-focus.html

Bonds:
https://www.cnbc.com/2018/08/07/us-bonds-and-fixed-income-economic-data-on-the-agenda.html

Currencies:
https://www.cnbc.com/2018/08/07/forex-markets-pound-frail-on-brexit-fears.html

Oil:
https://www.cnbc.com/2018/08/07/oil-markets-renewed-us-sanctions-against-iran-in-focus.html

Gold:
https://www.cnbc.com/2018/08/07/gold-markets-dollar-moves-in-focus.html

WSJ: Markets At A Glance:
http://markets.wsj.com/us

SPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-tracker

SPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectors

Current Futures: Positive
https://finviz.com/futures.ashx




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