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US stocks rise after avoiding trade war with Mexico

2019-06-10 01:54 pm | Resource: News | No Views : 101

 US stocks rise after avoiding trade war with Mexico

Wall Street opened in a green zone on Monday due to risk appetite due to US President Donald Trump's decision to suspend import duties on goods from Mexico. The abolition of punitive measures, which had been declared due to illegal and uncontrolled immigration from the South, depended on the implementation and ratification of the Interim Security Border Agreement.

The Dollar rose against most major currencies and gold and silver fell with the US Treasuries, another category of safe assets.

Trump: More definitions China if Shi did not attend the G20

US President Donald Trump told CNBC on Monday that more tariffs on China would come into effect "immediately" if Chinese leader Xi Jinping did not attend the G20 summit in Japan later this month.

Trump first confirmed that an additional tariff would apply to Chinese goods if Shi made a mistake at the summit at the end of June. When asked if that meant that the new tariffs would take effect immediately, he replied that he did.

US Treasury Secretary Stephen Menochin said earlier that Trump and Shei were expected to meet by the end of the month. He also said on Sunday that Trump would decide whether more tariffs would be imposed on China after their meeting.

Trump: We are looking at a different monopoly on the EU

US President Donald Trump said on Monday the EU was chasing big US technology companies such as Apple. And Facebook, where billions of dollars in fines are being issued as "easy money". However, when it comes to the issue of monopoly in the domestic market, he added in an interview with CNBC, "We look at it differently, although we" have to do what they do. "

The president stressed that the intention is not to try to close and close Chinese companies. He concluded that "China is strongly interested in a deal, and we will see what happens."

Wall Street Opens
  • The Dow Jones Industrial Average rose 0.54% or nearly 150 points.
  • The S & P 500 jumped 0.61%
  • The Nasdaq 100 rose 0.8%.

Market movements
  • Gold fell 0.86% to $ 1,329.31 an ounce
  • Silver fell 1.64% to $ 14.77 an ounce.
  • The euro was down 0.16% at $ 1.13149
  • The pound was down 0.47% at $ 1.26754.


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Best Opportunities, Vision and Technical Analysis for The NASDAQ100 17 April 2019

We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

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