The Dow Jones now faces resistance after the International Monetary Fund (IMF) reported banks across the world would struggle to be profitable due to COVID-19.
Markets are digesting the latest round of earnings reports.
China party leaders kick off the annual National People's Congress.
Let's talk about everything moving the Dow today...
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The Dow Jones Industrial Average is headed downward after China announced new tariffs on another $75 billion in U.S. goods.
The list of products that face additional levies include automobiles and parts.
China’s State Council said that tariffs will go into effect on September 1 and increase on December 15.
But there is much else moving the DJIA today…
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The Dow Jones today will correct for some sizable losses over the last couple weeks, though investors remain careful amid fragile U.S.-China trade relations.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The Dow Jones today projected a 150-point gain at the Opening Bell as U.S.-China trade talks took a positive turn.
Investors digest easing trade tensions and reduced fears that the Federal Reserve will hike interest rates.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The Dow Jones Today jumped over sixty points this morning as U.S and Chinese negotiators failed to make significant headway in an ongoing trade dispute.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The Dow Jones today jumped 55 points in premarket hours as traders showed optimism for a resolution on trade between the United States and China.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The Dow Jones today dropped 60 points in premarket hours as markets processed developments between the Trump administration and the North Korean government.
On Thursday, President Trump announced he had canceled the planned summit between the U.S. and North Korean on June 12th.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
Ah, that special time of year. The holidays are done, football season may as well be, and the prospect of baseball is a mere specter of a whiff of fresh-cut grass and hot dogs on the other side of all the ice and snow yet to come…
You'll have to forgive me for waxing poetic. On the other hand, I'm not doing it to sell you something… unlike the tidal wave of breathless prose currently inundating inboxes, courtesy of Wall Street and its good buddies in the mainstream financial media.
That's right: Investment clickbait season is here. Everywhere I look, I see "predictions" for 2018.
"Nine stocks to make all your dreams come true!" "One stock to rule them all in 2018!"
"Three stocks to profit from the 2018 zombie apocalypse!" "Six Trump-proof stocks!" "When this stock triples in 2018, thank Trump!"
My inbox is stuffed with these pitches, and they are all pretty much the same: lists of stocks with fantastic stories, peppered with some pithy quotes from an analyst or CEO about why this company is going to make your hopes and dreams a reality.
Some of them are even pretty well-written. But almost universally, they are poorly researched, and fatally short on clear-eyed analysis of a company's prospects and financial condition.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
In Dow Jones news today, the markets rebounded after companies like Deere and Co. reported positive earnings.
Investors are still cautious, but remain optimistic that President Donald Trump can help grow the American economy.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The top three stocks to watch today are DNY, FL, and BABA.
Merger and acquisition news is driving one of our stocks to watch up almost 20%, while earnings are causing another to drop by more than 9%.
Here's what you need to know this morning...
Start the conversation