BREAKING NEWS
By Staff Reporters
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Markets: After stomach-churning ups and downs this spring, the stock market calmed down last week with all three major indexes holding steady and closing just a bit lower. This week, investors will be glued to the details of the trade agreement with China, an inflation report, and more earnings.
Breaking News Overnight: After talks in Switzerland this weekend, the US and China agreed to a large reduction in tariffs on each other. The US is lowering its tariffs on China from 145% to 30%, while China is lowering its tariffs on the US from 125% to 10%. The new tariff rates will be in effect for 90 days while the two sides continue talking.
Stocks are Soaring. Dow Futures (7:50 AM, EST)
Dow Futures 42,340.00
Fair Value 41,321.34
Change + 1,017.002.46%
Implied Open + 1,018.66
S&P 500 Futures 5,848.25
Fair Value 5,676.70
Change + 170.253.00%
Implied Open + 171.55
NASDAQ Futures 20,911.50
Fair Value 20,133.56
Change + 774.753.85%
Implied Open + 777.94
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Filed under: "Ask-an-Advisor", Investing, Taxation | Tagged: Breaking News, China, futures, indexes, inflation report, stock futures, stock markets, stock soaring, Switzerland, tariffs, tax |















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