The Dow is higher after a morning in the red
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| | | 5/08/2019 | |
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| Stocks Swing Higher on Trade Deal Expectations | | By Josh Selway | | Stocks have spiked higher at midday, overcoming their morning losses to trade in positive territory after the White House confirmed it believes China is ready to make a trade deal. While the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all suddenly sport solid leads, the recently noisy Cboe Volatility Index (VIX) has turned red. Meanwhile, oil prices are also notably higher after domestic crude inventories fell more than expected, sending June crude futures up 1.2% to $62.15 per barrel. Continue reading for more on today's market, including: | | >> Continue reading... | |
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