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Stocks finished the holiday-shortened week higher on continued trade optimism. The largest gains came on Wednesday and Thursday following news that US and Chinese officials confirmed plans to meet in early October. This was a relief to many as recent tariff announcements signaled talks might be canceled indefinitely. While consumers have supported a growing economy, … Read more

Stocks ended a volatile August on a high note, snapping a four week losing streak as trade optimism carried markets higher. The week started on a positive note as President Trump appeared to deescalate recent trade tensions stating he believed China wanted to make a deal and the prospects for a deal were the best … Read more

Major US stock markets finished negative for the third consecutive week as bond yields continued to plunge. Wednesday was particularly negative as stock indices fell around 3% following a yield curve inversion. When longer-term Treasury yields fall below shorter-term Treasury yields. Though there had been partial yield curve inversions earlier in the year, the most … Read more

The US Treasury Department responded by labeling China as a currency manipulator. As investors grew concerned recent trade tensions could evolve into a currency war, equity markets experienced their worst day of 2019. As major indices fell around 3% to kick off the week. However, on Tuesday Chinese officials announced they did not plan to … Read more

Volatility abruptly returned to markets as stocks finished negative for the second consecutive week. The week started on a negative note as trade tensions between the US and China escalated. On Monday, China announced it will raise tariffs on $60 billion of US goods starting June 1. In retaliation to the US imposing a tariff … Read more