Investing.com – Stalls rose on Tuesday after US and China resume trade talks next week
United States. Sales Representative Robert Lightheiser and aides are expected to leave for Shanghai on Monday, Bloomberg reported, with two days of talks scheduled. But the report suggests that the deal is not close.
However, the first direct talks in May are good news for investors who are already willing to buy thanks to the strong quarterly results of Coca-Cola (NYSE :), player Hasbro (NASDAQ 🙂 and Sherwin- Williams (NYSE 🙂 and buy in Hershey (NYSE 🙂 before the second quarter of their profit on Thursday. %. It also jumped 0.65%. The added 0.58%.
Wednesday may be the day of a drama queen. The aerospace giant Boeing (NYSE 🙂 reports the results of the second quarter before the launch, and the talks on revenue are likely to focus on issues that affect the grounded Jet 737 Max. Facebook (NASDAQ 🙂 reports its earnings for the second quarter after the deal.
Finally, traders will have the opportunity to respond to a Wall Street Journal report that the Justice Department is opening a wide-ranging study of whether dominant technology companies illegally stifle competition. This may endanger Facebook (NASDAQ :), Alphabet (NASDAQ 🙂 Google, Apple (NASDAQ 🙂 and Amazon.com (NASDAQ :), the newspaper writes.
The probe will examine the practices of online platforms that dominate
The shares of all four were higher (only on Facebook) on a regular basis, but declined by around 1
Coca-Cola was the big winner of the Dow, marking a 52-week high after being able to beat street estimates for the quarter.
Hasbro (NASDAQ 🙂 was the leader among the stocks of the S & P 500 and Nasdaq 100, jumped by almost 10% to a 52-week high, claiming that the Walt Disney of the NYSE 🙂 this summer were extremely successful and had to continue for some time. Some, such as Costco Wholesale (NASDAQ 🙂 and Starbucks (NASDAQ :), were modestly lower, as some investors were willing to make profits. Both stocks jumped by more than 37% this year
After closing, Snap's social media company (NYSE 🙂 shares rose by more than 11% after the losses shrank and its consumer base grew last quarter. Texas Instruments (NASDAQ 🙂 chip makers rose 5.6% in hours after defeating ratings, even if they were lower than a year ago. of the brokers. Seasonally adjusted June sales of 4.69 million Units were 1.5 percent from May and 1.7 percent from the previous year. Chief Economist Lawrence Yun said sales have returned to 2015 levels.
Homebuilder shares have been suffered. PulteGroup (NYSE 🙂 fell 8.3%. DR Horton (NYSE 🙂 dropped 2.6%. Hovnanian (NYSE 🙂 dropped 10.5%.
Rise for news in the US and China pushes oil prices higher, as the deal could theoretically increase world oil demand. the raw material rose 49 cents to 56.77 dollars a barrel. The crude, the global benchmark, added 57 cents to $ 63.83.
Interest rates rose when investors threw bonds for shares. Profitability rose to 2.079% from 2.043% on Monday.