Dow Eyes 7th Straight Win as US & China Back Away from Trade War Cliff

The Dow rose for the seventh straight day after the US & China each took steps to deescalate the trade war in preparation for the upcoming negotiations. | Source: Nicholas Kamm / AFP The Dow Jones Industrial Average and other major stock market indices crept closer to their all-time highs on Thursday after Beijing and […]

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Dow Suffers Steep Reversal as Trump Loses ‘Market-Friendly’ Moniker – CCN Markets

An initial gap higher in the Dow Jones was erased midday as investors lost faith in the positive spin Donald Trump is putting on the state of negotiations in the trade war. While there was no major sell-off, bears are still quick to dump bounces, highlighting the uncertainty that still pervades much of the wider […]

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US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin

Donald J. Trump tweeted Thursday that he is “not a fan” of cryptocurrencies, saying they were “not money” and referencing their price volatility relative to the dollar in his first public comments on crypto since becoming president of the United States. Trump also criticized Facebook’s Libra cryptocurrency project in subsequent tweets, saying it “will have little […]

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Dow Futures Collapses as Wall Street Screams Recession Alarms

By CCN: Dow Jones futures tumbled in early trading Monday as Wall Street firms triggered multiple recession warnings. The Dow is poised to open in the red as traders initiating a triple-digit selloff overnight. Risk-off mode is firmly engaged. JP Morgan Chase and Co. said the likelihood of recession in 2019 is now at 40 […]

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Dow Quivers as Beijing Slams Trump for ‘Naked Economic Terrorism’

By CCN: A hesitant Dow crept toward a paltry recovery on Thursday following a two-day bloodbath that wiped nearly 500 points off the index. The trade war continues to command Wall Street’s undivided attention, and Beijing’s latest provocations should terrify investors. Dow Creeps Toward Meager Recovery Wall Street betrayed a lack of conviction ahead of […]

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Ilhan Omar Boasts She’s Trump’s ‘Nemesis’ in Cringeworthy Rant

By CCN: First-year congresswoman Ilhan Omar boasts that she’s already President Trump’s number-one “nemesis.” Why? Because she’s a black woman who has no qualms about flouting our nation’s immigration laws. Writing on Twitter, she said: “This is a president who has come to power vilifying and demonizing immigrants and refugees. He proudly said we should […]

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Tesla Model 3 Suffers in US-China Trade War as MAGA Takes Over

By CCN: The core computer of Tesla’s Chinese-made Model 3, known as the ‘Brain’, was rejected for exclusion from Donald Trump’s 25% tariffs. Tesla had applied for exclusion from the surcharge placed on Chinese-made goods but was rejected. The product was deemed too important to China in the trade war. Tesla Wins No Favors in […]

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Trump Sues Banks to Block Dems Attempting to Wrangle His Tax Returns

By CCN: President Trump is taking a stand against Deutsche Bank and Capital One for participating in a frivolous plan once again being enacted by House Democrats. This time, liberals are looking to gain access to the president’s financial records, including data regarding his personal finances, his businesses, and his long-sought tax returns. Democrats have […]

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Mueller Report Boss Rod Rosenstein Resigns in Veiled Nod to Trump

By CCN: Rod Rosenstein is the latest high ranking official to depart the White House. The man who oversaw the widely publicized Mueller Report is heading for the hills for fear of a grilling from both Democrats and Republicans. One of Trump’s favorite punching bags, the Deputy Attorney General’s letter of resignation is a strange […]

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Dow Cringes as Hillary Clinton Exposes ‘Roadmap’ to Impeach Trump

The Dow stumbled toward an opening bell loss on Wednesday, as the stock market bellwether failed to join its peers in record territory after Hillary Clinton exposed a “roadmap” that she believes Democrats can utilize to impeach President Trump. Dow Flinches After S&P 500 and Nasdaq Pound to Record Highs Dow Jones Industrial Average futures […]

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