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
    • AI 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
    • Postcards
Login Archives 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
    • AI 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
    • Postcards
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Dow Jones
Stocks: amzn, AT&T Inc., CASY, CTRP, JPM

The Dow Jones Today Will Continue to Rise on Potential China Trade Progress

By Garrett Baldwin, Executive Producer, Money Morning • September 9, 2019

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

Garrett BaldwinGarrett Baldwin

The Dow Jones today will stay up as the United States and China inch toward their next meeting to discuss a trade agreement.

I'll cover more on this and other global economic developments below. And be sure to look in my "Stocks to Watch Today" - AT&T Inc. (NYSE: T) just got a huge pop.

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

Index Previous Close Point Change Percentage Change
Dow Jones 26,797.46 +69.31 +0.26
S&P 500 2,978.71 +2.71 +0.09
Nasdaq 8,103.07 -13.75 -0.17

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

  • The ongoing trade war is leading headlines on Monday as markets try to maintain positive momentum. The Dow is off just 2% from its all-time highs in July, while the Nasdaq is back within range of its record as well. This week consists of a busy U.S. economic calendar and an update from the European Central Bank. The ECB will meet on Thursday to discuss whether it will cut interest rates yet again. Keep in mind, Europe is already the leader in negative-yielding interest rates. The world's largest economic bloc is doing everything it can to spur economic growth.

Did You Catch This? Serial entrepreneur Neil Patel reveals what it takes to become the world's next angel investor. Click here to watch...

  • Bond yields pressed higher (finally) this morning as investors gauge optimism over next month's trade talks between the United States and China. With that in mind, investors are paying close attention to any statements made by the White House. According to reports, JPMorgan Chase & Co. (NYSE: JPM) has created an index to track U.S. President Donald Trump's Twitter account and correlate it to the performance of U.S. bond prices.
  • This morning, I'm paying very close attention to oil prices. Saudi Arabia has hinted that production cuts will continue well into 2020 as OPEC aims to support global crude prices. The oil cartel's largest producer is still attempting to diversify its economy away from oil. However, the nation has faced significant delays as it aims to bolster its balance sheet. Look for Brent crude to push above $62 this week, while WTI crude attempts to break $58 by midweek. The key factor for U.S. crude will be this week's inventory report from the Energy Information Administration.

Stocks to Watch Today: T, JPM, AMZN

  • Shares of AT&T Inc. (NYSE: T) popped more than 8% after activist hedge fund Elliot Management purchased a $3.2 billion stake in the telecom giant. This is one of the largest stakes in the history of Paul Singer's hedge fund. Shares currently trade under $40. The hedge fund thinks that the stock could easily hit $60 by the end of 2021.
  • In deal news, JPMorgan Chase & Co. (NYSE: JPM) is making a lot of noise. According to reports, the investment bank is close to locking up a lead role in the IPO of Saudi Aramco. This IPO will be the largest in corporate history with Saudi Aramco's valuation expected to be well into the trillions of dollars.
  • Amazon.com Inc. (NASDAQ: AMZN) is on a hiring spree. The e-commerce giant is holding Career Day on Sept. 17 as it aims to fill roughly 30,000 open positions by next year. All of the jobs are full time and will pay benefits, according to a press release. The jobs are not tied in any way to seasonal hiring ahead of the holiday shopping season.
  • Look for additional earnings reports from Ctrip.com International Ltd. (NASDAQ: CTRP), Casey's General Stores Inc. (NASDAQ: CASY), and Limoneira Co. (NASDAQ: LMNR).

America's Favorite Angel Investor Shows How Easy It Is for Anyone to Invest in Ground-Floor Startups

You've probably seen stories about this person or that person making an absolute fortune from some unknown startup suddenly becoming a household name... like Uber, Airbnb, SpaceX, or Bird.

Now, it's your turn.

Shark Tank's Robert Herjavec is showing how easy it is for anyone to turn as little as $50 into what can be life-changing windfalls... all from investing in startups.

Click here to learn more...

Follow Money Morning on Facebook and Twitter.

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

Claim My Free Report

Garrett BaldwinGarrett Baldwin

About the Author

Browse Garrett's articles |

Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.

… Read full bio

Subscribe
Login
Notify of
guest

guest

0 Comments
Inline Feedbacks
View all comments


Latest News

September 30, 2023 • By Garrett Baldwin

Here's What Happens When I Ask Hard Questions

September 29, 2023 • By Shah Gilani

earnings
China Is Headed for a "Lehman Moment" - Here's What to Do

September 29, 2023 • By Garrett Baldwin

S#*t Your Realtor Says
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 Penny Hawk Midday Momentum
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Quantum Data Profits Flashpoint Trader Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance L.A.U.N.C.H. Investor Rob Roy Trader Long-Term Equity Profits

© 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