FYI: U.S. stocks jumped Monday, boosted by rallying technology shares, as officials from Washington and Beijing kicked off their latest round of negotiations over trade policy.
The Dow Jones Industrial Average rose 98 points, or 0.42%, to 23,531, wiping out early declines. The S&P 500 jumped .70% and the Nasdaq Composite gained 1.2%.
Investors are beginning the week with their focus on the U.S. and China’s negotiations, something many hope will help bring the two countries closer to a resolution in their trade fight.
Investors are beginning the week with their focus on the U.S. and China’s negotiations, something many hope will help bring the two countries closer to a resolution in their trade fight.
The fact that policy makers in the U.S. and China have agreed to meet is a positive sign, said Felix Lam, a portfolio manager at BNP Paribas Asset Management. Still, the key question is whether the two countries will reach a trade deal, Mr. Lam said.
“Any positive outcome from the trade talks would have a more long-lasting impact on the earnings trajectory of corporations in Asia,” he said, adding that delays, on the other hand, could hit corporate profits.
A broad rally in shares of rapidly growing technology companies pushed major indexes higher Monday.
Amazon.com , Netflix and Advanced Micro Devices jumped more than 3%, with Amazon’s gains putting it on course to end the day as the largest publicly traded U.S. company.
Those advances helped offset the latest slide in Apple , which retreated further for the year Monday. Worries about slowing iPhone sales and a dimmer revenue forecast sent the company’s shares sharply lower last week.
Nine of the eleven S&P 500 Sectors, led by Consumer Discretionary, finished in positive territory, only Utilities and Consumer Staples ended lower.
Regards,
Ted
WSJ:
https://www.wsj.com/articles/u-s-stock-rally-buoys-markets-in-asia-11546838162Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2019-01-07/your-evening-briefingBloomberg:
https://www.bloomberg.com/news/articles/2019-01-06/stocks-in-asia-to-rise-on-fed-china-policy-lift-markets-wrap?srnd=premiumIBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-netflix-fuels-nasdaq/Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-higher-as-u-s-china-trade-talks-begin-idUSKCN1P115JCNBC:
https://www.cnbc.com/2019/01/07/stock-markets-dow-futures-move-higher-as-us-china-trade-talks-resume.htmlU.K.:
https://www.marketwatch.com/story/london-markets-drop-as-brexit-fears-return-2019-01-07/printEurope:
https://www.reuters.com/article/us-europe-stocks/european-shares-fall-as-economic-growth-concerns-derail-rally-idUSKCN1P10N2Asia:
https://www.marketwatch.com/story/nikkei-leaps-amid-broad-gains-for-asian-markets-2019-01-06/printBonds:
https://www.cnbc.com/2019/01/07/us-bonds-treasury-yields-move-lower-as-trade-war-talks-continue.htmlCurrencies:
https://www.cnbc.com/2019/01/07/forex-markets-the-fed-sino-us-trade-china-monetary-policy-in-focus.htmlOil:
https://www.cnbc.com/2019/01/07/oil-markets-us-china-trade-crude-supply-in-focus.htmlGold
https://www.cnbc.com/2019/01/07/gold-markets-the-fed-stock-markets-in-focus.htmlWSJ: Markets At A Glance:
https://markets.wsj.com/usMajor ETFs % Change:
https://www.barchart.com/etfs-funds/etf-monitorSPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-trackerSPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectorsCurrent Futures:
https://finviz.com/futures.ashx 
Comments
What was the big-time selling into the rally?
Admitted that about 2pm was a high point, but the majors didn't crash and burn to end the day.
Thanks,
Catch
Wikipedia: “In physics, the Coriolis force is an inertial or fictitious force that seems to act on objects that are in motion within a frame of reference that rotates with respect to an inertial frame. In a reference frame with clockwise rotation, the force acts to the left of the motion of the object.”
Might " the Coriolis force" be descriptive to actions in D.C. ?
Nah, I'm thinking more towards the flushing effect and its force upon the movement of water and/or more solid matter.
Does this work the same way in the southern hemisphere, except an opposite direction?
I'm too tired tonight and being silly.
Say good night, Catch.
But I don’t think any were / are nuclear armed.
Sleep well,
Regards