Analyst: Nab This China Stock Now

U.S. national security advisor Robert O'Brien predicted a trade agreement will be reached by the end of 2019

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11/25/2019

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Trade Buzz Boosts Stock Futures on Merger Monday

By Lillian Currens

Share On

Stock futures are signaling another rally today, following Friday's last minute turnaround. Dow futures are roughly 81 points above fair value after comments on Saturday from U.S. national security advisor Robert O'Brien suggested a "phase one" trade deal between the U.S. and China could be in effect by the end of this year, even as he cautioned that President Donald Trump was "concerned" about the protests in Hong Kong. In corporate news, it seems the rumors are true; Charles Schwab (SCHW) said it would acquire TD Ameritrade (AMTD) in an all-stock deal worth $26 billion, which will create a combined company with $5 trillion in assets under management. 

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

  • Why one analyst thinks this big-cap China stock is a good bet. 
  • 2 stocks that soared after impressive quarterly reports. 
  • Plus, LVMH bids for Tiffany; Tesla stock bounces back; NVDA stock gets an upgrade. 
>> Continue reading...
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