U.S. Markets Rise As Investors Digest Trade Tensions

U.S. Markets Rise As Investors Digest Trade Tensions

In the last five trading sessions, the Dow Jones Industrial Average deceased 4.21 percent, while S&P 500 Index and Nasdaq Composite Index dropped 4.11 percent and 5.86 percent, respectively. When a bond's price falls, its yield rises, and the yield on the 10-year Treasury rose to 2.41% from 2.40% late Monday. The S&P 500 index was up 22.54 points at 2,834.41, while the Nasdaq composite was up 87.47 points at 7,734.49.

Earnings this week include Alibaba, Tencent, Cisco, Nvidia.China industrial production and retail sales are slated for Wednesday, the same day as US retail sales and industrial production.Bank of Indonesia has an interest rate decision on Thursday.Australian unemployment is out on Thursday.

Analog Devices rose 1.7% and Thermo Fisher Scientific rose 1.5%.

Boeing Co shares (BA.N) were up 0.8% ahead of April deliveries report, expected later in the day. The Bloomberg Dollar Spot Index gained 0.1%.The euro bought $1.1203, little changed.

Disney stock climbed 1.4 per cent while Comcast gained 1.5 per cent. Netflix edged up 0.1 per cent.

"Market sentiment remains very fragile", said one analyst. -China trade discussions could hurt the earnings outlook. The bank named the soda maker its "top mega-cap staples pick".

"Either this is a bargain-hunting rally or a dead cat bounce, or there is some consensus that something meaningful is going to come out of the trade talks in the next four to six weeks", said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama.

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"Investors are looking for opportunities to get into this market, and so far in 2019 there really haven't been any "buy the dip" opportunities other than last week", Ryan Nauman, market strategist at Informa Financial Intelligence, said by phone. This is not something that's going to be resolved tomorrow and anybody who says they know exactly how this will play out is spinning a yarn, ' said Luken.

"Dumping products in developing countries is not the way we do things", Canadian Agriculture Minister Marie-Claude Bibeau told reporters on a conference call from the G20 meeting in Japan, adding such efforts required multilateral coordination.

The JSE's all share index was half a percent stronger by Tuesday lunchtime after recent losses, but traders in Asian stocks followed Wall Street's example and braced themselves for an enduring trade war. The list of targeted goods ranges from TV cameras to tequila, and includes a range of agricultural products. These tariffs were on Chinese goods worth more than $200 billion.

USA futures pointed to opening drops of 1.2% for both the Dow Jones Industrial Average and the S&P 500. The S&P 500 also saw its biggest decrease since early January. -China trade deal could happen soon and are bracing their portfolios for a more prolonged battle that could hamper global growth.

He said: "This is a clear escalation of trade tensions in our view and against our baseline that cool heads would prevail and the worst would be avoided".

The escalating trade war between the United States and China hit stocks in Asia on Tuesday but markets in Europe and the United States were spared further losses. At the same time, however, Trump administration officials and President Donald Trump himself have insisted that trade talks have not broken down and negotiations continue.

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