Dow’s Sizzling Rally Faces New Threat as China Defends Xinjiang Camps

dow jones industrial average

The Dow spiked to all-time highs because Wall Street is confident a trade deal is coming. However, that optimism has been put on hold. And sentiment could continue to worsen as new information emerges about China’s “reeducation” camps in Xinjiang. Investors who were waiting for more all-time highs from the Dow Jones this week will … Read more

US Interference in Hong Kong Protests Could Hinder China Trade Deal

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Hong Kong protests are escalating, which has pushed U.S. lawmakers to ‘hotline’ the Hong Kong Human Rights and Democracy Act. Trump is unlikely to block the bipartisan bill, which could anger Beijing and stall trade talks. While further tension between the U.S. and China isn’t in either nation’s best interest, China’s rhetoric suggests the nation … Read more

Analysts Say Fear in Market May Reverse Dow Jones Trend

NYSE

By CCN.com: Since July 15, the Dow Jones has dropped from 27,359 points to 26,403 points, by nearly 1,000 points within a two-month span. The Dow Jones is down by merely 3.5 percent from its record high achieved in July and is up 16.3 percent year-to-date. In a letter sent to investors, Sam Bullard, the … Read more

How Trump’s Tweet Could Salvage this S&P 500 Stock

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Exxon Mobil has not been able to escape the wrath of the global economic slowdown and the U.S./China trade war. The company, whose stock has been among the S&P 500 index’s top 10 components for decades, was muscled out of position in the S&P 500 index’s top 10 stocks, a status it has held for … Read more