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Anticipation Of Powell Speech, G20 Summit Has Market In Wait-And-See Mode
Tuesday, June 25, 2019 - 10:00am | 1462The market appears to continue to be in a bit of a limbo situation after last week’s Fed-fueled gains and ahead of an expected meeting between the U.S. and China. Investors are also waiting on remarks later today from Fed Chair Jerome Powell. They will probably be listening for any new clues...
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Dan Nathan's Bullish Ford Options Trade
Monday, May 20, 2019 - 7:56am | 202Dan Nathan spoke on CNBC's "Options Action" about a bullish options trade in Ford Motor Company (NYSE: F). He is looking for the next catalyst that could push the stock higher and he thinks that G20 meeting in June in Japan could be it. Nathan believes the market could build some...
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Market Experts React To G20 Summit
Monday, December 3, 2018 - 3:34pm | 1149U.S. stocks got a big lift Monday after the G20 meeting over the weekend cleared up some major uncertainties for investors. The G20 produced some major developments on the trade war front, with the U.S. and China agreeing to a 90-day truce while a deal is negotiated. In addition, Russia and Saudi...
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Trade Truce: Market Appears To Get A Big Lift As Tariff Fears Retreat After G20
Monday, December 3, 2018 - 10:40am | 2440Over a steak dinner Saturday night, President Trump and Chinese President Xi agreed to take a coordinated step back from a looming trade war. That doesn’t mean the crisis is solved, but it might lead to some relief for a market that’s taken a lot of tariff-related punches lately. Stocks...
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Auto Stocks Ride Reduced China Import Tax
Monday, December 3, 2018 - 9:26am | 418Carmakers gained momentum Monday after President Donald Trump announced reduced trade barriers in one of the largest global markets. What Happened Trump tweeted late Sunday that China would cut its burdensome import tariffs on American vehicles. “China has agreed to reduce and remove tariffs...
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November Markets: Stocks Plunge On Oil, China-U.S. Tensions, Then Rebound
Friday, November 30, 2018 - 12:30pm | 1748U.S. stocks took a beating in November amid a variety of concerns including rising interest rates, slowing overseas economic growth, Brexit, and falling crude prices. Additionally, news around U.S.-China relations regarding tariffs continued to remain at the forefront this month, weighing on the...
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The 6 Biggest Economic Events To Watch In December
Thursday, November 29, 2018 - 3:09pm | 690After giving up all of its year-to-date gains and entering a correction for the second time in 2018 (the first drop being February’s dramatic correction), S&P 500 futures traders are trying to make up any lost ground that they can in the final few weeks of 2018. The broad market index is...
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Everything You Need To Know Ahead Of The G20 Summit
Thursday, November 29, 2018 - 1:38pm | 701The 2018 G20 summit will be held in Buenos Aires, Argentina starting Friday, and this year’s meeting is lining up to be an extremely important one for global financial markets. The two major areas investors will be watching at this year’s event will be any developments on the...
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Steel Stocks Have Wall Street's Attention
Tuesday, November 27, 2018 - 2:19pm | 547The U.S. steel industry has had a volatile couple of years with fluctuations in steel prices and uncertainty surrounding the fate of steel tariffs in an ongoing trade war. This week, several Wall Street analysts weighed in on steel stocks ahead of the G20 summit of world leaders. New Steel Mill...
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Data Dive, Trade Talks And Powell: Busy Post-Holiday Week On The Way
Monday, November 26, 2018 - 10:41am | 2364A packed week of economic data and Fed speakers culminates in key trade talks this weekend between the U.S. and Chinese presidents. Buckle your seat belts. Volatility could ratchet up as the week advances and anticipation grows about what might happen on the sidelines of the G20 meeting that both...
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It's Quiet ... A Little Too Quiet In The Markets The Past Month
Thursday, September 1, 2016 - 8:45am | 473The S&P 500 opened for trading on August 1, 2016, at 2,173.15 and closed the month at 2,170.95. The S&P 500 index isn't alone, as the Dow and Nasdaq indices ended the trading month nearly where it started as well. August's trading session was quiet and calm, but as the saying goes, it is...
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Economic Factors Keep Brent Below $98
Monday, September 22, 2014 - 8:52am | 351Brent crude oil slid back below $98 to start the week as investors shrugged off the possibility of OPEC cutting supplies and instead focused on the deteriorating global economy. The commodity traded at $97.86 at 4:30 GMT despite growing tension in Eastern Europe and the Middle East. Economic...
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Emerging Market Concerns Expected To Top G20 Agenda in Sydney
Friday, February 21, 2014 - 5:41pm | 527Finance ministers and central bank governors from some of the world's largest and fastest-growing economies are meeting in in Sydney, Australia, this weekend, for the Group of 20 summit. The G20 countries reportedly represent about two-thirds of the world's population, 85 percent of global GPD...
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Benzinga Market Primer: Monday, February 11
Monday, February 11, 2013 - 7:20am | 754Futures Rise, Eyeing European Politics U.S. equity futures rose in early Monday trading as the S&P 500 closed last week at its highest level since 2007. Futures rose on hopes that European leaders would agree on new aid for Cyprus and reach new agreements on Greece's bailout. However, fears...
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US Currency Report Not An Accurate Description Of The Fed's Economic Policy, Geithner Tells CNBC
Thursday, November 11, 2010 - 10:58am | 198In a response to a suggestion that Washington was pursuing a policy of weakening the dollar, U.S. Treasury Secretary Timothy Geithner told CNBC that the United States would never deliberately weaken its currency to grow its economy, CNBC reports. The issue began when former Federal Reserve Chairman...