Tag: wealthpress daily

WealthPress Daily 12-12-19

U.S. markets surged to fresh all-time highs on Thursday following news high ranking trade negotiators have offered to cut existing tariffs by as much as half on roughly $360 billion of Chinese-made goods as well as to cancel a...

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WealthPress Daily 12-11-19

U.S. markets showed overall strength for the first time in 3 sessions following an update from the Fed and its last rate setting meeting of the year. As expected, there were no real surprises from the Fed as they left rates...

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WealthPress Daily 12-10-19

U.S. markets were choppy throughout Tuesday’s session following a number of crosscurrents, including trade headlines that U.S. and Chinese trade negotiators are laying the groundwork for a delay of tariffs. Additionally, a...

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WealthPress Daily 12-9-19

U.S. markets were sluggish to start the week after trading in tight ranges and on both sides of the ledger while settling slightly lower for the session. The cautious action comes ahead of a week full of potentially...

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WealthPress Daily 12-8-19

U.S. markets rallied for a 3rd-straight session following a stellar jobs report as trade headlines took a back seat to better-than-expected economic news. The gains pushed the major indexes back towards previous resistance...

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WealthPress Daily 12-5-19

U.S. markets were choppy on Thursday after trading on both sides of the ledger while settling higher for the 2nd-straight session. Better-than-expected economic news helped sentiment with the tight trading ranges and higher...

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WealthPress Daily 12-4-19

U.S. markets snapped 3-session losing streaks on Wednesday following renewed hopes the U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase one trade deal. People familiar...

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WealthPress Daily 12-3-19

U.S. markets extended their losing streak to 3-straight sessions on Tuesday after President Trump said there is not a deadline for a trade deal with China and that it might be best to wait until after the 2020 election. The...

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WealthPress Daily 2-2-19

U.S. markets showed weakness for a 2nd-straight session and on the first trading day of December as both tariff concerns and disappointing economic news weighed on sentiment. The recent signing of the Hong Kong legislation seems...

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WealthPress Daily 12-1-19

U.S. markets traded lower throughout Friday’s shortened session despite indications of a strong kick-off to the critical holiday selling season for the retail sector. Worries over president Trump’s signing of the...

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WealthPress Daily 11-27-19

U.S. markets set another round of record highs on Wednesday after President Trump said that the U.S. and China were in the the final throes of hammering out a phase 1 trade deal. The rhetoric continues to reaffirm a deal may be...

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WealthPress Daily 11-26-19

U.S. markets set another round of fresh all-time highs as optimism on the U.S.-China trade front continues to rise. Reports that the U.S. and China held another phone conference provided a small lift to the major indexes...

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WealthPress Daily 11-25-19

U.S. markets started the shortened week in rally mode following more reports a phase one trade deal with China is on the verge of happening. Specifically, China said over the weekend that it plans to raise penalties on...

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WealthPress Daily 11-24-19

U.S. markets closed higher on Friday as optimism over trade relations with China returned after President Trump said a trade agreement between the two sides is potentially very close. The back-and-forth rhetoric came after China...

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WealthPress Daily 11-21-19

U.S. markets showed weakness throughout Thursday’s session despite a pick-up in trade optimism. Specifically, China has invited U.S. negotiators to Beijing for additional talks, and the U.S. may delay the December 15th...

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