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Were Analysts Bearish Mears Group plc (LON:MER) This Week?
Rex Gold Hedged S&P 500 ETF (GHS) Rises 0.953% for April 5
11 April 2018, 12:44 | Melanie Burgess
Stock market DROPS after Trump threatens $100billion tariffs on Chinese imports as trade war fears grow
Trump, in a statement, said he proposed the additional tariffs "in light of China's unfair retaliation" against earlier USA actions that included $50 billion of tariffs on Chinese goods.
Jason Pride, chief investment officer for Glenmede's private client business, said Trump's latest order caught investors off guard. The FTSE 100 in Britain lost 0.2 percent. Some people said this dip and all the recent volatility doesn't deter them from investing in the stock market.
"Markets are forced to confront the idea that rates are going up and the stock market is not going to derail that process", McMillan said.
"We're going to need brand new, bad news on trade for the equity markets to push lower".
Australia storm to freestyle relay gold
I probably feel more emotion here than in Rio (2016 Olympic Games) because the whole crowd is cheering for you. Women's 4 x 100m Freestyle Relay Final - Optus Aquatic Centre - Gold Coast , Australia - April 5, 2018.
Chicharito rescues derby point for West Ham
Chelsea will hope to get back to winning ways this weekend as they face West Ham United in a London derby at Stamford Bridge . Chelsea's prospects of catching fourth-placed Tottenham, who are 10 points ahead of them, now look even more remote.
"These potential trade wars are not good for the market", said Stephen Massocca, senior vice president at Wedbush Securities in San Francisco.
Analysts said the market also responded to Federal Reserve Chair Jerome Powell, who said that the USA economy was growing and a turbulent stock market would not change the Fed's course to gradually raise interest rates.
Mnuchin said he was hopeful that negotiations with his Chinese counterparts could avert a damaging escalation of retaliatory, tit-for-tat tariffs but declined to elaborate on the status of talks and whether he thought an agreement could be reached. "The number of advancing stocks on the NYSE are outnumbering decliners 2,347 to 486, or by an 5-to-1 margin".
"I think it shows a willingness to go to the mat on this and fight it out", he said. He noted that the USA hasn't entered a full-blown trade war since 1930, and trade relationships were much different back then. Caterpillar fell 3.5 percent.
With the Dow and 10-year yields testing support near the tops of 70-year and 25-year channels in the first chart and the Dow and S&P testing support at each (2) in the second chart, if these support lines would break to the downside, don't be surprised if selling pressure picks up. Even though investors are optimistic about the state of the global economy and company profits continue to grow, Nixon said the administration is creating the thing investors hate the most: uncertainty.
Court's decision on Salman Khan's bail
Khan did not attend the bail hearing but prosecutor Mahipal Bishnoi said the actor must appear in court again on May 7. April 5, 2018: Order pronounced- Salman gets five years in jail and Rs 10,000 fine.
Oil is firm but trade dispute keeps traders edgy
Analysts said Xi's comments greatly relieved market anxiety for a potential trade war between the world's two largest economies. US WTI crude futures CLc1 were at $63.26 a barrel at 0031 GMT, down 16 cents, or 0.3 per cent, from their previous settlement.
China proposes military base in South Pacific
Prime Minister Malcolm Turnbull said he had been advised there had been no request from China for Vanuatu to host a base. National leader Simon Bridges said it's not necessarily wrong when other countries invest in others' infrastructure.