Dow Blasts Higher After Trump’s Trade War Boast Stuns Markets

By CCN: The Dow shot higher on Friday after President Trump stunned Wall Street with his prediction that the trade war would be resolved unbelievably quickly. However, as an increasingly-nationalist Beijing continues to strike an isolationist pose, is the White House fattening the stock market on a diet of false hopes ahead of a painful economic cold war? Dow Bounces Into Recovery Mode All of Wall Street’s major indices bounded into recovery mode on Friday morning. As of 9:23 am ET, Dow Jones Industrial Average futures had surged 151 points or 0.59%, implying an opening bell gain of 128.53 points.

The post Dow Blasts Higher After Trump’s Trade War Boast Stuns Markets appeared first on CCN

Source: https://www.ccn.com/dow-jones-trump-trade-war-boast-stuns-markets

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