Wall Street jumps but ends off highs after partial trade deal

Indexes also gained for the week, with the Dow and Nasdaq up 0.9% each and the S&P 500 up 0.6%.

Analysts expect S&P 500 earnings to have declined 3.2% year-on-year in the third quarter, which would mark the first fall since 2016, according to IBES data from Refinitiv. The S&P industrial index was boosted by a 17.2% jump in shares of Fastenal Co after the industrial distributor beat quarterly profit expectations.

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Establishing a framework through which future negotiations and deals can be made between the largest eastern economy and the largest western economy is an incredible feat of our current political system in the United States. That’s an undeniable reality.

It’s all BS and everyone knows it. This will follow the same pattern as the great and beautiful nuclear agreements with KimJongUn and look what happened there.

TradeWar

SPAM SPAM SPAM SPAM MENG SPAM SPAM SPAM SPAM SPAM SPAM SPAM SPAM SPAM

He makes stuff up people. There’s no deal.

No more ignorance and stupidity. CCP is a super liar and very good at cheating.

ROTFL!!! THERE IS NO TRADE DEAL!!! (... where you guys been - seriously.)

I'm so incredibly happy for the upper echelons of the country....

Mark my words: a fabricated investigation of Hunter Biden from China is coming now. That’s what this trade is about.

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Wall Street rises on hopes of U.S.-China trade dealU.S. stocks rose in early afternoon trading on Thursday on hopes that top-level ... Wall St gullible af
Source: Reuters - 🏆 2. / 97 Read more »

Wall Street has doubts after partial trade deal: 'I don't think this gets us to Christmas'Today's rally clearly indicates that the market is happy for the moment with just a partial deal. But the Dow gave up 200 of its 500 point gain in the final half hour as markets realized there was a cessation of tariff hikes, but no clear timeline for removal of the existing tariffs. China just needs to prop things up for a few more months and then they can ride 2020 out/play to Trump's insecurities Phase 1 not signed and delivered as of yet. Alot can change between then. No real change in the deal apart from no additional tariffs and agreement to buy some pork and soya which China desperately needs to feed its people lol The same thing but just verbal version what Xi threw away in April 😆
Source: CNBC - 🏆 12. / 72 Read more »