Nasdaq, S&P, and Dow turn green as hopes for trade negotiations rise
S E E D E D C O N T E N T
Wall Street major averages advance on Tuesday, as tariff-driven volatility appeared to ease and hopes grew that the U.S. might enter into trade negotiations with some countries.
Early on and the S&P 500 ( SP500 ) was +3.7% , the Nasdaq Composite ( COMP:IND ) was +4% , and the Dow ( DJI ) was +3.6% .
The 10-year Treasury yield ( US10Y ) rose 3 basis points to 4.23%. The 2-year yield ( US2Y ) rose 5 basis points to 3.83%.
U.S. stocks dropped again during Monday's trading session as ongoing tariff concerns continued to fuel uncertainty and rattle the broader market averages.
"Yet despite this morning’s recovery, markets are hardly in a good place right now, with an incredible amount of volatility still happening across different asset classes," Deutsche Bank's Henry Allen said.
U.S. President Donald Trump said Monday his administration won't pump the brakes on imposing tariffs on products coming into the U.S., but he’s open to discussing trade deals with other countries.
"Admittedly, Trump did sound open to reaching deals with other countries, saying in his message on China tariffs that 'Negotiations with other countries, which have also requested meetings, will begin taking place immediately,'" Allen added.
On late Monday , Trump also said the European Union will have to commit to buying $350 billion of American energy to get a reprieve from the sweeping tariffs.
"Trump threatened further tax increases on U.S. consumers, with an additional 50% tax on imports from China. Rerouting supply chains becomes a viable avoidance mechanism at such levels. Japan is the first major country to negotiate with the U.S. That prioritization feels like a throwback to the trading environment of the 1980s," UBS' Paul Donovan said.
Vietnam said it will increase its purchases of American goods, including defense and security products, as part of an effort to address its significant trade surplus with the U.S. and also requested a 45-day delay in the imposition of 46% U.S. tariffs.
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Its a good thing that millions of Americans wont have to worry about their retirement savings diminishing, at least for now.
Sadly, because Trump is insane, the next crisis is right around the corner.
Today, is opening well on news that Trump said he's willing to negotiate trade agreements. Yesterday, was one of the most volatile days on the market in decades. Tomorrow, Trump will announce another 50% tariffs on China. This isn't over yet.
Always has been. That was the whole point of the initiation of the tariffs to begin with. But yet those on the left seem to have, as is usual in a LOT of cases, run with the doom and gloom the pundits were pushing. The world is changing and Trump is being instrumental in affecting said change. 70 countries at last count want to talk. I'd say "mission accomplished" if it weren't so early in the talks, but hang around. I'll be prepping the crow in about three weeks.
Do you have that diagnosis by someone that physically examined him or are we supposed to take the word of all the "doctors" that got their medical knowledge from the internet?
Do you have the mental ability to watch and listen and read, cause what do you need a damn psychologist degree for whence any general observations can show anyone, absolutely anyone, that a cult and its' leader can never concede they fckd up and voted for this woofer, you know, the famous tweeter, the impeccable tremendously like youve never seen before speaker, with the crossover networked to be allowed to be aloud, but, I'm sure you're proud !
So no, he has not been diagnosed by anyone other than people with the "just look at him" degree.
That is not the question, the question is what he has tried to Celsius (sell, yes US) and has it been Fahrenheit (fair in height0, or unfair to the peep wholes widths who thought Trumpy might care, about the high prices he said he would lower as he pretended top care, and did win on such LIES the problem. Because you don't wish to see you and so many others were so damn WRONG, you refuse to change the dance and the song !
That is the question. From 1.2 Do you have that diagnosis by someone that physically examined him or are we supposed to take the word of all the "doctors" that got their medical knowledge from the internet?
Where he'll be shoppin for his next date, asz he can't raisin it anyway, so lets Fck up the whole country, cause I'm not really gay, i'm just unhappy to not be that way...
I'm afraid this article spoke too soon
simple manipulation by greed ...
The stock market is crashing, down 600 pts right now after being up almost 1800 earlier this morning.
His 104% tariff on Chinese goods did the trick. Now everyone can pay twice as much for all those simple necessities that are constantly needed, besides the appliances and electronics that are needed every day. Feel the pain that even HE predicted - LOL, "he predicted", HE CAUSED.