From Sarah Ponczek & Reade Pickert (Bloomberg): (Bloomberg) — U.S. stocks rose as investors cheered progress coming out of the three-day trade talks between Chinese and American officials. The dollar tumbled after the head of the Atlanta Fed said the central bank isn’t “locked into a particular trajectory for policy.”
From Fred Imbert: The report, which cited sources, said the negotiators made progress on issues such as the purchase of U.S. goods and services.
From Yun Li: US equity exchange-traded funds just had their first back-to-back weekly outflows since July 2018.
From Fred Imbert: Stocks rallied on Friday after two positive pieces of news for the market.
From Jeff Cox: Nonfarm payrolls surged by 312,000 in December. Economists surveyed by Dow Jones had been expecting payroll growth of just 176,000.
From Komal Sri-Kumar: (Bloomberg Opinion) — For investors attempting to adjust their portfolios in anticipation of a recession by the end of 2020, recent economic indicators carry a message: they may have to prepare for the downturn to start as early as 2019 despite stocks enjoying a recent “dead-cat bounce.” Bloomberg News reports that a […]
From Fred Imbert & Sam Meredith: U.S. stocks traded slightly higher on Wednesday — erasing earlier losses — as gains in bank, tech and energy shares offset worries about a possible global economic slowdown.
From Fred Imbert & Spriha Srivastava : The Dow Jones Industrial Average rose on Monday as investors tried to end the worst year on Wall Street since the financial crisis on a high note.
From Fred Imbert: Stocks alternated between gains and losses on Friday as Wall Street concluded a roller-coaster week.
From Michael Sheetz:
From Fred Imbert: Stocks traded sharply lower on Thursday, giving back some of the strong gains from the previous day, amid renewed tensions between China and the United States.
From Fred Imbert & Eustance Huang: Stocks rose in a volatile session on Wednesday as investors tried to regain some of the steep losses suffered in the previous session.
From Tyler Durden: The longest bull market in history – as measured by the S&P 500 – is now less than 1% from ending, with the drawdown from the Sept 21 highs now just above 19%…2352.7 is the magic number.
From Michael Sheetz and John Melloy: Trump resumed his attack on the Fed on Monday, tweeting that the central bank is “the only problem” with the U.S. economy.
From Thomas Franck: Stocks erased early gains Friday, falling into negative territory as a week-long equity exodus put the major indexes on track for one of their worst weeks of the year.