Lack of Euphoria Could Lead SPX Higher

Robert Lighthizer said tariffs on $200B in Chinese goods will increase

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OPENING VIEW     5/07/2019
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U.S.-China Trade Tensions Push Dow Futures Down Triple Digits By Emma Duncan Share On Following confirmation by U.S. Trade Representative Robert Lighthizer that tariffs on $200 billion in Chinese goods will increase this Friday, May 10, if no deal is reached, Dow Jones Industrial Average (DJI) futures are once again in the red. Chinese Vice Premier Liu He is expected in the U.S. for trade talks later this week. Meanwhile, futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also suffering, while the Cboe Volatility Index (VIX) -- or Wall Street's "fear gauge" -- is set to extend yesterday's surge. Continue reading for more on today's market, including:  Senior V.P. of Research Todd Salamone tells us how a lack of euphoria could lead the SPX higher. Auto supplier moving on tariff tensions.  Booming blue-chip attracts pre-earnings options bulls.  Plus, 2 stocks swimming in bull notes; and SeaWorld reports earnings. >> Continue reading...
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