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Dow Jones is jumping more than 100 points and Nasdaq is rising

2019-08-06 01:49 pm | Resource: News | No Views : 32

 Dow Jones is jumping more than 100 points and Nasdaq is rising above the 1 percent

Wall Street stocks rebounded on Tuesday after the worst trading day of the year. Monday saw the Dow closing more than 750 points in the red zone amid increasing trade tensions.

Kudlo: Trump wants to continue talks with China

White House economic adviser Larry Kudlow said in an interview with CNBC on Tuesday that President Donald Trump wanted to continue trade negotiations with China and reach an agreement. He said the administration in Washington plans and expects to meet with its Chinese counterparts in September.

Trump was not "happy" with the progress made in the last round of talks last week, especially the alleged lack of agricultural purchases, prompting him to announce an additional 10% of the $ 300 billion tariff on Chinese goods. "If things go well," he said, "things can change."

The Trump adviser also stressed that the burden of tariffs falls entirely on China, with many companies leaving Asian economic power, unlike the situation in the United States.

Kudlo: We have acted on the G20 violations of the World Trade Organization

Larry Cudlow said US President Donald Trump was "turning" and "rebuilding the US economy." WASHINGTON (Reuters) - "It takes two tangos" on disputes with China and the administration is "wide open" for talks but will protect the country's interests, the director of the White House National Economic Council told CNBC on Tuesday. He stressed that the United States would not allow the G20 and WTO rules to be violated and would "take action. We have done what we have to do." China.

Asked about US criticism of the most populous foreign exchange policy of the dollar's broad gains against other currencies, he said China had earlier defended the yuan from the "past" decline, which is not the case now. The United States wants fair, free and reciprocal trade, Trump will defend the economy and farmers, according to Codlu.

He said the United States would receive $ 600 billion if it could recover the loss of China's unfair intellectual property practices.

US Stocks Open
  • The Dow Jones Industrial Average rose 140 points in the first moments of the session
  • The S & P 500 rose 0.64%
  • While the Nasdaq 100 jumped 1%.


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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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