The S&P and Nasdaq are on track for a fourth straight loss
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| | | 5/09/2019 | |
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| Trump Rally Remarks Reignite Trade Fears, Send Stock Futures South | | By Emma Duncan | | Despite eking out a win yesterday, Dow Jones Industrial Average (DJI) futures are pointed lower, with trade tensions reignited following President Donald Trump's comments at a Florida rally Wednesday evening. Specifically, he said China "broke the deal," and "they can’t do that, so they’ll be paying." This, as Chinese Vice Premier Liu He heads to Washington to talk trade ahead of Trump's planned tariff hike on $200 billion in Chinese goods tomorrow. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are no better, with both indexes eyeing a fourth straight day of losses. Continue reading for more on today's market, including: - The Trump tweet that sent this penny stock surging.
- iRobot stock could be ready to rally.
- Party City call options popped ahead of earnings.
- Plus, Stamps.com's post-earnings plummet; Wedbush slams 3 popular retailers; and Synchrony Financial's share-buyback plans.
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