Dow Jones Trade War U.S. Market News 

Is the Trade Deal Enough to Revitalize the Market?

Throughout the past five days, amidst reports about the Federal Reserve’s reluctance towards raising the interest rate, the Dow Jones has breached the 26,000-point mark for the first time since March 1. The Dow suffered early last week due to the steep sell-off of the Boeing stock, which is estimated to have cost the Dow more than 300 points but it briefly broke out of 26,000 points on March 19, showing signs of a potential short-term rally. 6-Month Chart of the Dow Jones (Source: Yahoo Finance) Join CCN for $9.99…

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robert lighthizer U.S. Market News us-china trade war 

Chinese Spy Scandal Threatens Trade Deal & Stock Market Recovery

A burgeoning spy scandal threatens to be an 11th-hour stumbling block to the U.S.-China trade deal, and it could take the wind out of the stock market’s sails as it continues to mount a recovery from its 2018 lows. Premier Li Keqiang denied allegations that the Chinese government instructs its companies to engage in corporate spying abroad. The denial comes a day after the Chinese legislature passed a resolution designed to inhibit Chinese officials from compelling foreign companies to turn over intellectual property. The practice has been a barrier in…

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Elon Musk Tesla U.S. Market News 

Tesla Shares Drop after Mediocre Model Y Reveal

Tesla’s Model Y reveal, led to a mostly unimpressed audience and unenthused investors. Does the largely hype-less response show a market well-addressed or indicate declining interest? A definite sign in shareholder interest is the TSLA share price decline following the announcement. Tesla expects to see a rise in demand for the Model Y of at least 50% over the model 3—or at least, Musk expects the spike in demand. But what makes him so sure it will come? One thing which may clue him in: Tesla’s E-SUV, the model X,…

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facebook Headlines Mark Zuckerberg U.S. Business News U.S. Market News 

Facebook’s Catastrophic Blackout Could Cost $90 Million in Lost Revenue

Facebook suffered its worst-ever outage on Wednesday 13th March. The downtime, which also hit related products Instagram, Messenger and WhatsApp, lasted for at least 14 hours. The blackout hit millions of users across the globe and caused Facebook stock to tumble 2 percent in after-hours trading. Every minute that Facebook is offline costs an enormous amount of money. By extrapolating from the company’s 2018 revenue figures, we can estimate that yesterday’s blackout could cost Facebook up to $90 million in lost revenue. We’re aware that some people are currently having…

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David Stockman Donald Trump U.S. Market News 

‘Peak Trump’ Author Predicts 40 Percent Drop in Stocks, Says Rally Is Irrational

Former U.S. budget director from the Ronald Reagan era David Stockman is predicting a stock market collapse. Stockman, who is also the author of a book called “Peak Trump,” is not impressed by the S&P 500’s three-day winning streak or the fact that the index is about close at a multi-month high after last week’s declines. While most of Wall Street is cheering today’s rally, Stockman is waiting for the other economic shoe to drop, taking the S&P 500, which is currently hovering at $2,819, down to the $1,600 level…

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Brexit Donald Trump Op-ed Theresa May U.S. Market News united kingdom 

Brexit Beatdown Adds to Pressure on US Stock Market

Brexit, Brexit, and more Brexit. UK readers will probably be desperate to stop talking about bloody Brexit. Well, the end-game appears to be in motion. Theresa May put her withdrawal deal to a vote in UK Parliament, and it was overwhelmingly rejected by lawmakers. What a resounding defeat for UK Prime Minister Theresa May – again. Losing by 149 votes, May’s second attempt to pass her deal has gone up in flames. The future is now even more uncertain, with betting odds pricing in a high chance of a delay….

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Andrew Yang Elon Musk Op-ed U.S. Market News 

Give $12,000 to Lazy Freeloaders

Last month, Democratic rising star Alexandria Ocasio-Cortez came under fire for a line in the Green New Deal that promised security for those “unwilling to work.” Her team quickly lied about it, claiming GOP doctoring, before eventually chalking it up to an “early draft” that was accidentally released. But Universal Basic Income (UBI) is gaining traction among Democratic candidates, and now Andrew Yang is running for president with just one promise: free money for all. Andrew Yang’s UBI Plan: $12,000 in Free Money Every Year Yang, a former education entrepreneur…

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china Dow Jones U.S. Market News 

Far Greater Pressures Threaten the Dow Recovery

The US jobs data is in, and boy oh boy, what a disaster in Non-Farm Payrolls. The most closely watched metric in today’s report came in at 20,000 jobs created. (I know what you’re thinking, and no, there isn’t a zero missing.) The job creation statistic is the worst reading in over a year and down a staggering 291,000 jobs from last month’s revised figure. Naturally, this prompted a sell-off in stocks that were already under pressure, with the S&P 500, Nasdaq, and Dow Jones posting sharp losses. The Dow…

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Donald Trump Dow Jones U.S. Market News us-china trade war 

Dow Tanks as Ominous Trade War Signals Pummel Stock Market

The opening bell hasn’t even rung, and the Dow is already well on its way to its fifth consecutive losing session as the US stock market reels from a flurry of ominous reports that suggest the US and China are further from a trade deal than Trump administration officials had claimed. Dow Plunges Again, on Track for 5th Straight Loss As of 8:40 am ET, Dow Jones Industrial Average futures had lost 128 points or 0.50 percent, after plunging as far as 200 points earlier in the session. Nasdaq futures…

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Alexandria Ocasio-Cortez Donald Trump Op-ed U.S. Market News 

‘Badass’ AOC Has Democrats Gushing, But She’s Using Trump’s Playbook

Let’s observe a moment of silence for the moderates, may they rest in peace. The Alexandria Ocasio-Cortez freight train is doing to the Democratic party above all, what Donald Trump did to the Republicans. Trump Splintered the Republicans; Now AOC is Wreaking Havoc on the Democrats Trump was able to redefine what it means to be a conservative because the modern-day GOP was merely a shell before he took that fateful escalator ride. The Trump campaign identified a core voter base to target with ideology and banked on the more…

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