Wall St. clings to gains on trade hopes

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

REUTERS: U.S. stocks gained on Friday, ahead of a long Memorial day weekend, after U.S. President Donald Trump predicted a swift end to the ...

REUTERS: U.S. stocks gained on Friday, ahead of a long Memorial day weekend, after U.S. President Donald Trump predicted a swift end to the ongoing trade war with China.

"The markets seem to be struggling to hold on to gains right now because people don't want to be too long heading into the holiday weekend," said Marc Pfeffer, chief investment strategist at CLS Investments in Omaha, Nebraska. Technology shares, that were among the hardest hit this week, rose 0.53per cent boosted by gains in chipmaker Intel Corp and iPhone maker Apple Inc.sentifi.comHowever markets were off their session highs, with traders saying volatile trading and thin volumes were likely as market participants geared up for the long weekend.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US: Wall St opens lower on fears of broader trade spat with China[NEW YORK] US stocks opened lower on Thursday, as investors feared that the US-China trade spat could spiral into a technology cold war between the two countries, with no signs of a resolution in sight. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US: Wall St opens higher as trade worries ease[NEW YORK] US stocks rose at the open on Friday, a day after a sharp sell off, as sentiment was buoyed by comments from President Donald Trump predicting a swift end to the protracted trade dispute with China. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US: Wall Street extends losses on trade and growth worries[NEW YORK] US stocks sank further on Thursday as bellicose trade rhetoric persisted between Washington and Beijing. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Wall Street extends losses on trade and growth worriesNEW YORK: US stocks sank further on Thursday (May 23) as bellicose trade rhetoric persisted between Washington and Beijing. Investors also shed ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: Wall Street slides as trade anxiety resumes[NEW YORK] US stocks fell back into the red on Wednesday, putting equities down for three of the last four sessions as investors reacted to reports of possible new US-China trade frictions. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US: Wall Street opens lower on worries of escalating trade war[NEW YORK] US stocks opened lower on Wednesday, as reports that Washington could impose sanctions on another Chinese company raised fears of an escalation in trade tensions, with the S&P 500 also dragged down by losses in chipmaker Qualcomm and home improvement chain Lowe's. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »