September 21, 2018
U.S. stocks closed higher as investors shrugged off the fears of a full-blown trade war. The Dow Jones Industrial Average gained 1% to settle at 26656, logging its first record close since January. Also, the SPX500 rose 0.8% to close at a record of 2930, and the tech-heavy Nasdaq Composite advanced 1% to 8028.
September 19, 2018
President Donald Trump announced late on Monday new 10% tariffs on $200 billion dollar worth of Chinese goods. China countered by imposing tariffs on $60 billion of U.S. goods.
September 18, 2018
U.S. stocks finished lower on Monday, pulled down by the escalation of the trade spat between the United States and China. President Donald Trump announced after the market close that the United States will impose 10% tariffs on $200 billion of Chinese goods.
September 17, 2018
The dollar index which measures the greenback against a basket of major currencies bounced-off a six-week low of 94.36 as investors rushed to the safe haven on renewed trade tensions between the United States and China.
The U.S. stocks ended the session higher with the SPX500 rising for the fourth consecutive session. Investor's risk appetite improved following the news that the United States is seeking a new round of trade talks with China.