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Markets faltered in early trading this morning as the Trump administration moved to block shipments of semiconductors to Huawei Technologies from global chipmakers.
Retails sales data also showed a 16.4% month-over-month drop in April – an all-time record.
The news sent the Dow down 1% to start the day, before it rallied and closed 0.25% higher as news surfaced that the White House would likely support a new round of stimulus checks.
The full bill would include an additional $3 trillion total worth of stimulus.
Here's what our experts – D.R. Barton, Jr., and Shah Gilani – thought about the moves in financial markets today and what they're looking for next week.