The Dow Jones today jumped over 50 points in pre-market trading after the White House announced it had developed a tentative trade deal with the European Union. U.S. President Donald Trump and European Commission President Jean-Claude Juncker announced they were working on a deal to knock down barriers to trade between the two blocs.
President Trump had previously threatened to hit European cars with a 25% tariff shortly after hitting the EU with tariffs on aluminum and steel. Shares of Volkswagen (OTC MKTS: VLKAY) popped more than 4% on the news. Jumps like this can put you in profits for weeks - if you know how to play them. Money Morning Technical Trading Specialist D.R. Barton, Jr., recently identified a method to find the next Volkswagen play. Check it out here...
Here are the numbers from Wednesday for the Dow, S&P 500, and Nasdaq:
Now here's a closer look at today's Money Morning insight, the most important market events, and stocks to watch.
Earnings season is well underway. And if you're looking to make real money, the time to get started is now. Money Morning Quantitative Specialist Chris Johnson argues the markets are at a tipping point. And with just a few smart plays in today's classic stock picker's market... you can pull in triple-digit gains with just a small investment. Read those picks right here.
Don't Miss: This secret stock-picking method is so good, if you started with a small stake, a string of these picks could have earned you $1.2 million. Find out how it's done...
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