Chinese President Xi Jinping said China has a "positive attitude" toward trade talks but is not afraid to "fight back"
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| | 11/22/2019 | |
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Dow Eyes End to Losing Streak on Trade Optimism | By Lillian Currens | | Stock futures are pointing higher today, with the Dow looking to snap its three-day losing streak. Trade optimism is back on the rise after Chinese President Xi Jinping told a visiting U.S. business delegation that Beijing has a "positive attitude" toward the ongoing negotiations, and President Donald Trump said on Fox and Friends that a phase one pact is "potentially very close." Meanwhile, Wall Street is combing over earnings from several retailers today, while anticipating manufacturing purchasing managers index (PMI) data due out later this morning. Continue reading for more on today's market, including: - Options bulls targeted 3 pot stocks on federal marijuana legalization buzz.
- Calls popped on commodity stock FCX, despite the stock's drop.
- Plus, TSLA unveils its Cybertruck, while Nordstrom and Ross Stores post third-quarter earnings beats.
| >> Continue reading... | |
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