Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
Why the Dow Jones Today Is Still Climbing on Mexico News
https://moneymorning.com/?p=1060601
Required Please enter the correct value.
Twitter
Stocks: CHS, CRM, HDS, HRB, PLAY

Why the Dow Jones Today Is Still Climbing on Mexico News

By Money Morning Staff Reports, Money Morning • June 11, 2019

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

The Dow Jones today will continue its positive streak, thanks to optimism on trade with Mexico and strong gains in Asian markets. Details further down.

Plus: What will be the "fork in the road" at the Tesla Inc. (NASDAQ: TSLA) annual shareholder meeting?

Here are the numbers from Monday for the Dow, S&P 500, and Nasdaq:

Index Previous Close Point Change Percentage Change
Dow Jones 26,062.68 +78.74 +0.30
S&P 500 2,886.73 +13.39 +0.47
Nasdaq 7,823.17 +81.07 +1.05

Now, here's a closer look at today's Money Morning insight, the most important market events, and stocks to watch.

The Top Stock Market Stories for Tuesday

  • Once again, markets are pushing higher after U.S. President Donald Trump canceled tariffs against Mexico over the weekend. Trump said Sunday that he has "full confidence" Mexico will combat the ongoing migration surge from Central America. President Trump also tweeted over the weekend that Mexico plans to purchase "large quantities" of agricultural products from U.S. farmers.

  • The markets are still paying close attention to updates on the trade drama between the United States and China. President Trump told CNBC that he expects China to take a deal with the White House "because they're going to have to." Trump said that he will impose new levies on China if President Xi Jinping skips the G20 meeting later this month. Trump has threatened tariffs on another $300 billion in Chinese goods if the world's two largest economies fail to reach an agreement. In related news, the White House is considering a plan that would delay restrictions against Chinese telecom giant Huawei.
  • Oil prices ticked slightly higher, thanks to news that OPEC will continue making cuts to production. However, crude prices are off roughly 20% since hitting 2019 highs in April. Ongoing concerns about the global economy have outstripped any optimism about falling supply. OPEC plans to meet later this month or in early July to discuss plans to control crude oil output for the balance of the year. That decision comes as U.S. oil production is back on pace to hit record output.

Stocks to Watch Today: PLAY, CRM, DATA, APO, SFLY, TSLA

  • Dave & Busters Entertainment Inc. (NASDAQ: PLAY) will lead a light day of earnings reports. Look for earnings reports from H&R Block Inc. (NYSE: HRB), HD Supply Holdings Inc. (NYSE: HDS), and Chico's FAS Inc. (NYSE: CHS).
  • Shares of Salesforce.com Inc. (NYSE: CRM) will try to rebound a day after losing more than 5.2%. The stock is under pressure after the software giant announced plans to purchase data visualization giant Tableau Software Inc. (NYSE: DATA) for $15.7 billion in an all-stock deal. Shares of Tableau popped more than 33% on news of the deal.
  • In other deal news, private equity giant Apollo Global Management LLC (NYSE: APO) announced it has purchased photo site Shutterfly Inc. (NASDAQ: SFLY) in a deal worth $1.74 billion. The firm also purchased Snapfish and has plans to combine the two acquisitions under a single umbrella.
  • Tesla Inc. (NASDAQ: TSLA) will generate a lot of buzz today as shareholders gather for their annual meeting. Today's event is considered a "fork in the road" for the embattled automotive giant. Investors remain highly concerned about the firm's bloated debt on its balance sheet and demand for electric vehicles. However, shares have increased in recent trading sessions after it fell under $200 per share.

Renowned Author of Best-Selling Investment "Bible" Just Released His Newest Pick

While researching his best-selling book, "Contrarian Investing," this man uncovered a method that is surprisingly easy - and less risky than traditional methods of making money in the markets. You can grow incredibly wealthy using this secret method - even when markets are going down. In fact, he made his first huge gain using this method when the markets were completely crashing. See it for yourself...

Follow Money Morning on Facebook and Twitter.

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz