With a trade war truce near . President trump saying his upcoming meeting with president xi will work out for both countries. Stocks set to rally at the open new records within striking distance the s p closing out its best first half since 1998. And playing down the trade risks, nike delivering strong revenues in the Fourth Quarter, customers buying more sneakers and sports gear and china sales surging. First up, the markets. Stocks getting ready to wrap up a strong month the s p 500 on track for its best june since 1955 for the dow, best june since 1938 heading into the final session of the first half, all three major indices are up double digits year to date, led by the nasdaq with a 20 gain europe is higher this morning, hopes are building for g20. You hear superlatives like that, best june in decades, is that a bullish thing . I think it is net bullish the duration, the strength of the recovery, im looking at this on a ninemonth scale, okay the Fourth Quarter was one of the worst
Seismic jitters about the middle east, central europe, u. S. Central bank policy, took a back seat to news from portugal. That countrys government threw a lifeline to one of its biggest lenders. That was enough to spark a rebound from last weeks steep losses. The worst in two years for the s p 500. Unwinding of short positions bets the market will fall a little bit today. At the end of the day, the dow was higher by 76 points. And the s p added 13. Stocks seeing a healthy bounce back, at least for today, a lot of people are asking whats driving the markets right now. And whats the mood among traders. It was the best day in two weeks for the s p 500, the rally began in europe where the portuguese government bailed out its largest banks, bond and stockholders took a big hit. Stocks started the week in the u. S. The absence of bad news for europe and the ukraine lifted commodities stocks. Energy stocks also rose as oil moved up for the first time in four days. For the rest of the week, tr
Seismic jitters about the middle east, central europe, u. S. Central bank policy, took a back seat to news from portugal. That countrys government threw a lifeline to one of its biggest lenders. That was enough to spark a rebound from last weeks steep losses. The worst in two years for the s p 500. Unwinding of short positions bets the market will fall a little bit today. At the end of the day, the dow was higher by 76 points. And the s p added 13. Stocks seeing a healthy bounce back, at least for today, a lot of people are asking whats driving the markets right now. And whats the mood among traders. It was the best day in two weeks for the s p 500, the rally began in europe where the portuguese government bailed out its largest banks, bond and stockholders took a big hit. Stocks started the week in the u. S. The absence of bad news for europe and the ukraine lifted commodities stocks. Energy stocks also rose as oil moved up for the first time in four days. For the rest of the week, tr
Seismic jitters about the middle east, central europe, u. S. Central bank policy, took a back seat to news from portugal. That countrys government threw a lifeline to one of its biggest lenders. That was enough to spark a rebound from last weeks steep losses. The worst in two years for the s p 500. Unwinding of short positions bets the market will fall a little bit today. At the end of the day, the dow was higher by 76 points. And the s p added 13. Stocks seeing a healthy bounce back, at least for today, a lot of people are asking whats driving the markets right now. And whats the mood among traders. It was the best day in two weeks for the s p 500, the rally began in europe where the portuguese government bailed out its largest banks, bond and stockholders took a big hit. Stocks started the week in the u. S. The absence of bad news for europe and the ukraine lifted commodities stocks. Energy stocks also rose as oil moved up for the first time in four days. For the rest of the week, tr
Central bank policy, took a back seat to news from portugal. That countrys government threw a lifeline to one of its biggest lenders. That was enough to spark a rebound from last weeks steep losses. The worst in two years for the s p 500. Unwinding of short positions bets the market will fall a little bit today. At the end of the day, the dow was higher by 76 points. And the s p added 13. Stocks seeing aealthy bounce back, at least for today, a lot of people are asking whats driving the markets right now. And whats the mood among traders. It was the best day in two weeks for the s p 500, the rally began in europe where the portuguese government bailed out its largest banks, bond and stockholders took a big hit. Stocks started the week in the u. S. The absence of bad news for europe and the ukraine lifted commodities stocks. Energy stocks also rose as oil moved up for the first time in four days. For the rest of the week, traders are going to keep a sharp eye on europe. Is the worst ove