Stocks open with solid gains (as expected)

Technical Analysis

Author: Greg Michalowski | sp

Boosted by US/China deal

The US stocks are opening with solid gains after President Trump said he would delay an increase in tariffs on Chinese goods.  The snapshot of the major indices a few minutes after the opening are showing:

  • S&P,  +15.66 points or 0.56% at 2807.72
  • Nasdaq, up 56 points or 0.75% at 7584.60
  • Dow, up 167 points or 0.65% at 26198.
In the US debt market, yields are also higher on the hopes of a deal:

Boosted by US/China deal

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