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
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Dow Jones
Stocks: AAL, AMBA, BA, DPZ, LUV

The Dow Jones Today Struggles as a Trade Deal with China Looks Less Hopeful

By Garrett Baldwin, Executive Producer, Money Morning • October 8, 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Your email address will not be published.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

Garrett BaldwinGarrett Baldwin

The Dow Jones today is tethered by concerns over new U.S.-China trade talks.

The nations are set to kick off negotiations on later this week. However, investors are starting to doubt the scope of a deal, and analysts don't anticipate a deal to come to fruition until well into 2020. More on this below.

But first, here are the numbers from Monday for the Dow, S&P 500, and Nasdaq:

Index Previous Close Point Change Percentage Change
Dow Jones 26,478.02 -95.70 -0.36
S&P 500 2,938.79 -13.22 -0.45
Nasdaq 7,956.29 -26.18 -0.33

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

  • The United States and China are poised to discuss trade later this week. But the Trump administration continues to hammer Chinese investment ahead of the event. This morning, CNBC reported that the White House is considering a deal that would block American government pension funds from investing in Chinese stocks. Although the White House has denied initial reports, the media outlet said that officials met last week to discuss the issue. The administration has sought ways to impact China's capital flows ahead of the trade discussions.
Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.

History in the Making: Capitol Hill has opened doors to the pre-IPO market - now, every American has access to the trend that put airplanes in the sky and light bulbs in every home... [Read the full story.]

  • Meanwhile, the Trump administration threw fuel on the fire of a major geopolitical hot spot on Monday. The president decided to withdraw U.S. troops from Northern Syria. Lawmakers and military experts alike have blasted Trump's decision. The news appears to be a bit of a distraction from the ongoing impeachment inquiry. However, the lack of U.S. troops could lead to significant problems in the region.
  • Keep a close eye on economic data today. While oil prices continue to retreat this morning over geopolitical and economic worries, the thing that I'm watching is U.S. producer prices. For the month of September, American prices fell by the sharpest level in eight months. This signals that inflation isn't keeping up with the U.S. Federal Reserve's expectations. In fact, we could easily see another interest rate cut as trade slows down abroad and prices remain stagnant.

Stocks to Watch Today: AAL, BA, LUV, AMBA

  • Shares of American Airlines Group Inc. (NASDAQ: AAL) are under pressure after a major disturbance in Miami. U.S. authorities had to forcibly remove a man from a flight to Newark, N.J., after he ran past security with no ticket. The story comes at a difficult time for global airline stocks. In addition to ongoing economic concerns and volatile fuel costs, the industry is still reeling from the grounding of Boeing Co.'s (NYSE: BA) 737 Max jets.
  • Speaking of Boeing, Southwest Airlines Co. (NYSE: LUV) pilots are suing the aircraft manufacturer for more than $100 million in lost compensation due to the grounding of the 737 Max jet. The Southwest Airlines Pilots Association filed the complaint Monday and said that Boeing "deliberately" misled its members about the aircraft's safety. The association also says that the grounding of the plane has resulted in a massive loss of compensation.
  • Shares of Ambarella Inc. (NASDAQ: AMBA) plunged more than 12% after the semiconductor giant's customer Hikvision found itself on the U.S. Commerce Department's blacklist. The customer joins 27 other Chinese companies that will not be allowed to engage with U.S. businesses.
  • Look for earnings reports today from Domino's Pizza Inc. (NYSE: DPZ), Levi Strauss & Co. (NYSE: LEVI), Eros International Plc. (NASDAQ: EROS), AZZ Inc.Ā (NYSE: AZZ), and Helen of Troy Ltd.Ā (NASDAQ: HELE).

Famous Angel Investor Shares His "1,000x Formula" for Finding Unicorn Startups

Neil Patel is one of the most successful angel investors on the planet.

Today, he's walking everyone through his "1,000x Formula" for finding the most successful startup investments - the ones with unicorn potential.

With this formula at your disposal... investing in startups is about to get a whole lot easier. (In fact, you can act now with as little as $50.)

Click here to learn more.

Follow Money Morning on Facebook and Twitter.

Join the conversation. Click here to jump to comments…

Garrett BaldwinGarrett Baldwin

About the Author

Browse Garrett's articles | View Garrett's research services

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

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments


Latest News

June 8, 2023 • By Nick Black

Why Elizabeth Warren is Wrong About Cryptocurrency (A Lesson in Hypocrisy)

June 8, 2023 • By Tom Gentile

Why High Dividend Yields Can Be Misleading

June 8, 2023 • By Shah Gilani

earnings
How to Deal With the Oil Market Right Now
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 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 Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

Ā© 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