Financial Review
Time Out
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:15
- More information
Informações:
Synopsis
…Stocks slip on concerns about trade wars, Rosenstein resignation/firing. Fed meets this week. Oil prices jump. Comcast to buy Sky. Sirius buys Pandora. Kors-Versace. Barrick buys Randgold. Sears near the end. Name changes. Financial Review by Sinclair Noe for 09-24-2018 DOW – 181 = 26,562 SPX – 10 = 2919 NAS + 6 = 7993 RUT – 7.00 = 1705 10 Y + .01 = 3.08% OIL + 1.49 = 72.27 GOLD + .10 = 1199.80 Both the Dow and S&P 500 posted record highs last week despite the announcement early last week of a 10% tax on $200 billion in Chinese imports, which took effect today. China retaliated with taxes on $60 billion worth of US goods. Trump has repeatedly promised a clean, quick victory over China in a trade war. But as hostilities between the world’s two largest economies turn uglier, the Chinese government is demonstrating that it is prepared for a protracted fight. China had cancelled talks with the U.S. on trade as both countries impose tariffs on billions of dollars’ worth of their goods. The two sides were set