The US stock market UU.
Shakes wobble as investors listen to the clues of trade agreements
US stocks staggered between small gains and losses on Friday afternoon operations as investors became more cautious about the prospects of a trade agreement between the US. UU. UU. And China.
The market is still ready for a winning week and the main indexes were just below the historical highs set the day before.
Wall Street has been encouraging the last push to sign an agreement before the most expensive tariffs for a wide range of consumer products take effect on December 15. Those applause were silenced Thursday night due to reports that US officials are still deliberating on the rate. reduction if conversations progress.
President Donald Trump injected more uncertainty into the trade issue on Friday when he rejected a Chinese official's claim that the United States agreed to reverse some tariffs.
Walt Disney stood out among the communications companies with solid earnings after surprisingly good earnings.
Several other companies rose after solid earnings reports. The manufacturer of energy drinks Monster Beverage increased 3.3 and Bookings Holdings gained 2.7.
Investors have been driving indexes to records this week because solid corporate profits and signs of progress in trade disputes diminished some economic risks.
The market has stabilized mainly on Friday, he said, as investors are looking for more signs that the risk will continue to decline. Kinahan said the increase in bond yields, particularly the 10-year Treasury increase above 1.9, is a good sign and the next big milestone could be the increase in yields above 2.