The Dow Jones Industrial Average jumped 49 points pre-market hours as markets digested the latest round of tariffs on Chinese products. Markets are largely relieved that the White House's latest round of tariffs is limited to a 10% markup on imports rather than the 25% rate floated earlier this month.
China is expected to retaliate with a range of aggressive trade policies. U.S. Commerce Secretary Wilbur Ross said Tuesday morning that the nation is "out of bullets" to fight back. Expect this statement to prompt significant reaction by both nations on Tuesday.
[pa_button slug="before-the-bell-preview"]Get an exclusive look at what's going on in the markets at the start of each day.[/pa_button]
Here are the numbers from Monday 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.
How to Profit off This $11.1 Billion Money Pool: By following a few simple steps, one IRS directive could help set you up to receive checks of up to $1,795 every single month thanks to a genius investment. Learn more...
If you're reading this... you might already be rich. The question, of course, is how can you stay rich and build life-changing wealth.
Ever since America's No. 1 Pattern Trader Tom Gentile started trading for a living, he wanted to recreate that feeling of the Friday payday, of heading into the weekend with some extra scratch in his pocket - without having to bust his butt for 40, 50, or 60 hours to get it.
His success has led to regular appearances on CNBC, Bloomberg, Reuters, FOX Business News, and many other networks, where he showed viewers how to take profitable advantage of his trading strategies.
Those strategies also helped Gentile build one of the largest investor-training firms in the world.
The crowning moment came when he sold his company to a giant Wall Street firm for $20 million.
But those Wall Street bigwigs didn't get access to the breakthrough system that we're about to tell you about now - the system that gives Gentile the opportunity to identify and recommend three extra money-doubling opportunities every single week, all year long.
The system that could make you $104,000 richer in the next 12 months...
The answer is simple. You stop listening to the talking heads in the press, and you start buying rock-solid companies that will provide strong income and help you protect your nest egg.
Money Morning Special Situation Strategist Tim Melvin provides his latest list of stocks that will help you get rich... and stay rich. Check them out right here.
Follow Money Morning on Facebook, Twitter, and LinkedIn.
[mmpazkzone name="end-story-hostage" network="9794" site="307044" id="138536" type="4"]
