Warning Signs Flash for Caterpillar

Beijing said it would exempt pork and soybeans from additional tariffs

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9/13/2019

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Stock Futures Up on China Trade Exemptions

By Karee Venema

Share On

Dow Jones Industrial Average (DJI) futures are signaling a higher start, building on the momentum that sent the blue-chip index to its longest winning streak in 16 months yesterday. Upbeat trade headlines continue to drive the positive price action, with China's Commerce Ministry saying earlier it will add pork and soybeans to a list of U.S. products exempt from additional tariffs. Wall Street is also digesting this morning's retail sales data, which rose a more-than-expected 0.4% in August on robust auto sales. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are up, too, with stocks poised to close in on new record highs.

Continue reading for more on today's market, including: 

  • Caterpillar stock flashes warning signs.
  • RH call traders won big on a pre-earnings rally.
  • Plus, a bouncing drug stock; Etsy gets a big upgrade; and Baker Hughes is indicted.
>> Continue reading...
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