FYI: U.S. stocks fell in midday trading on Friday, with major indexes shedding an early advance to turn negative following a report that President Donald Trump still wants to impose tariffs on $200 billion of Chinese goods, the latest sign that the trade jitters will continue to hang over financial markets. The Dow and the S&P 500 turned positive just before the closing bell.
Stocks swung between gains and losses and then gains before the close after Bloomberg News reported that President Donald Trump instructed aides to proceed with tariffs on about $200 billion more in Chinese products. The dollar strengthened for the first time in three days as U.S. 10-year note yields briefly climbed past 3 percent.
Technology shares led declines, with Apple Inc. falling as much as 1.7 percent. The iPhone maker last week warned that new tariffs could increase the cost of its products. Financial markets have been whipsawed this week by conflicting reports on the status of trade relations between the world’s two largest economies.
For the week, the Dow was looking at a 0.8% gain, the S&P 500 a rise of 1.1% and the Nasdaq was poised for a 1.3% weekly rise. All three indexes were rebounding from last week's declines.
On the plus side of the eleven S&P 500 Sectors were Energy, Financials,and Industrials. The negatives were Real Estate, Technology, Utilities, Communication Services, Consumer Discretionary, Consumer Staples. and Materials.
Regards,
Ted
Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-09-14/your-evening-briefingBarron's After The Bell:
https://www.barrons.com/articles/dow-ekes-out-a-gain-of-9-points-on-a-freaky-friday-1536960733Bloomberg:
https://www.bloomberg.com/news/articles/2018-09-13/asia-stock-rally-set-to-extend-dollar-slips-markets-wrap?srnd=premiumWSJ:
https://www.wsj.com/articles/trade-prospects-lift-global-stocks-1536911221Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-falls-as-trump-greenlights-china-tariffs-idUSKCN1LU1LWIBD:
https://www.investors.com/market-trend/stock-market-today/small-caps-outperform-trump-china-tariffs/MarketWatch:
https://www.marketwatch.com/story/stock-futures-higher-as-sp-500-takes-aim-at-a-record-2018-09-14/printCNBC:
https://www.cnbc.com/2018/09/14/us-markets-economic-data-and-trade-talks.htmlEurope:
https://www.marketwatch.com/story/european-stock-inch-higher-set-for-first-weekly-gain-in-three-2018-09-14/printAsia:
https://www.marketwatch.com/story/asian-markets-continue-to-rise-as-nikkei-nears-7-month-high-2018-09-13/printBonds:
https://www.cnbc.com/2018/09/14/us-bonds-and-fixed-income-economic-data-in-focus.htmlCurrencies:
https://www.cnbc.com/2018/09/14/forex-markets-dollar-emerging-market-currencies-us-china-trade-in-focus.htmlOil:
https://www.cnbc.com/2018/09/14/gold-markets-us-cpi-the-fed-us-china-trade-in-focus.htmlGold
https://www.cnbc.com/2018/09/14/gold-markets-us-cpi-the-fed-us-china-trade-in-focus.htmlWSJ: Markets At A Glance:
http://markets.wsj.com/usMajor ETFs % Change:
https://www.barchart.com/etfs-funds/etf-monitorSPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-trackerSPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectorsCurrent Futures: Mixed
https://finviz.com/futures.ashx
Comments
J#@** - I only looked because there appeared to be some comments. Bumping your own f ... thread should not be allowed.