From Fred Imbert: Stocks surged on Tuesday after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit, boosting hope for a U.S.-China trade deal.
From Lizzy Gurdus: The word of the year in the U.S. stock market is uncertainty.
From John Harwood: KEY POINTS
From Julia La Roche: Prominent bond investor Jeffrey Gundlach, the CEO of $130 billion DoubleLine Capital, sees the increasing likelihood of a recession within the next six to twelve months.
From Maggie Fitzgerald: KEY POINTS
From Thomas Franck: KEY POINTS
From Paul Jacobs: Common wisdom says the bigger an industry is, the harder it falls. Moody’s Investors Service recently suggested that the $3.4 trillion exchange-traded fund industry is due for a nasty tumble.
From Sweta Killa: After logging in the worst May since 2010, Wall Street staged a nice comeback at the start of June primarily on the hopes of monetary easing policies though the U.S.-China trade spat and global growth concerns linger.
From Emily McCormick: Stocks fell Tuesday, with the S&P 500 declining after five straight days of gains as investors turned attention back to global trade worries.
From Yun Li:
From Brian Sozzi: Beware of the trap, bulls — this market remains treacherous.
From Fred Imbert: Stocks added to strong week-to-date performance on Wednesday as investors grew even more confident that the Federal Reserve will lower interest rates this year to reignite an economy wounded by trade battles.
From Jeff Cox:
From Chris Matthews and Mark DeCambre: Stocks rose sharply Tuesday, extending gains after remarks by Federal Reserve Chairman Jerome Powell were seen by some investors as opening the door to a rate cut. Support was also tied to renewed hopes tensions between the U.S. and its major trading partners would die down.
From Fred Imbert: Stocks fell on Friday as investors feared President Donald Trump’s surprise threat of tariffs on all Mexico imports, amid a worsening trade war with China, could risk sending the U.S. economy into a recession.