The Dow Jones today will continue to rise as investors digest a "phase one" trade deal between the United States and China. U.S. Treasury Secretary Steven Mnuchin said that the two sides will officially sign the deal in January.
But that's not the only thing moving the Dow today. A few other factors have jumped on the radar this morning.
We'll start with the numbers from Friday 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.
The Trump administration and China have reached a "phase one" deal on trade. The decision ends more than a year of turmoil for the markets that produced massive levels of uncertainty and waning economic growth. Although there remains a number of questions around agricultural trade, the American trade deficit with China, and more questions about what comes next, this deal is a positive step after repeated delays.
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