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
Dow Jones Today Rises on Trump's China Truce
https://moneymorning.com/?p=1074181
Required Please enter the correct value.
Twitter
Stocks: BRK.A, KO, MNST, SKWKS, WYNN

Dow Jones Today Rises on Trump's China Truce

By Money Morning Staff Reports, Money Morning • July 1, 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Your email address will not be published.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 could gain over 200 points after U.S. President Donald Trump and Chinese President Xi Jinping promised not to accelerate tariffs on each other.

The two leaders met on Saturday at the G-20 Conference in Osaka, Japan. Here's what happened to chip stocks shortly after...

But first, the numbers from Friday for the Dow, S&P 500, and Nasdaq:

Index Previous Close Point Change Percentage Change
Dow Jones 26,599.96 +73.38 +0.28
S&P 500 2,941.76 +16.84 +0.58
Nasdaq 8,006.24 +38.49 +0.48

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 Monday

  • President Donald Trump will not impose new tariffs on China as the world's two largest economies continue to work on a trade deal. The decision continues to provide a boost to the S&P 500 - which has had its best first half to start a year since 1997. The S&P 500 gained more than 17% over the first six months, despite a bad May due to U.S.-China trade concerns. In June, the Dow gained 7.2%, its best return for that month since 1938.

  • Chip stocks are in focus after President Trump lifted a ban on Chinese firm Huawei. Shares of Skyworks Solutions Inc. (NASDAQ: SWKS), Qorvo Inc. (NASDAQ: QRVO), and Micron Technology Inc. (NASDAQ: MU) were all up more than 6% in premarket hours thanks to the White House's decision. All three firms have extended exposure to the Chinese tech giant. Over the weekend, White House advisor Larry Kudlow said that the United States was not giving Huawei "general amnesty" and stated that no timetable is set for a deal between both countries.
  • WTI oil prices topped $60 thanks to increased optimism that OPEC will extend its production cuts through the end of the year. OPEC leaders met at the G-20 conference over the weekend, and general sentiment suggested that the world's largest oil cartel will continue to support global crude prices by extending the deal. OPEC leaders are poised to meet in Vienna, Austria this week to discuss supply cuts. Russian President Vladimir Putin told the media over the weekend that he agreed with Saudi Arabia to extend cuts of 1.2 million barrels per day over the next six to nine months.

Stocks to Watch Today: WYNN, MNST, KO, BRK.A

  • Shares of Wynn Resorts Ltd. (NASDAQ: WYNN) added more than 4% this morning after a positive report out of China. The Macau gaming authority announced that gambling revenues increased by nearly 6% in June, a figure that crushed Wall Street analysts' expectations.
  • Shares of Monster Beverage Corp. (NASDAQ: MNST) were off more than 3% after the firm announced the results of arbitration with Coca Cola Co. (NYSE: KO). The two companies were locked in a dispute due to a disagreement over contractual language. The decision will allow Coca Cola to "continue to sell and distribute Coca-Cola Energy, including in markets where it has already been launched. Coca-Cola is also free to launch the product in additional markets globally."
  • Berkshire Hathaway Inc. (NYSE: BRK.A) Chairman Warren Buffett announced that he will donate $3.6 billion in stock to five charities, including the Bill & Melinda Gates Foundation. Buffett will convert 11,250 of his Class A shares into 16.875 million Class B shares.
  • No major U.S. companies report earnings on Monday.

Mark My Words: If You Don't Invest in "5G" Right Now, You'll Regret It for the Rest of Your Life

Today, you have a rare chance to lock in a ground-floor opportunity from the biggest technology of the next decade.

I'm talking about 5G. Early investors in previous generations have seen windfalls like $51,000, $80,130, $113,660, $565,640.

But this could be 100 times bigger than all the previous generations combined.

And we have a list of recommendations that can make you a fortune. Go here.

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 Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

© 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 My Info

wpDiscuz