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24.04.25 - 20:24
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Stocks Extend Gains After Trump Says "They" Are Having Meetings With China (ZeroHedge)
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Stocks Extend Gains After Trump Says "They" Are Having Meetings With China
US equities extended their gains after President Trump told reporters that US was having daily ongoing talks with China.
"Well, they had a meeting this morning... we may reveal it later, but they had meetings this morning, and we've been meeting with China."
Trump added, when asked for more details:
"...it doesn't really matter who 'they' are."
REPORTER: Can you clarify with whom the U.S. is speaking with China? They're saying it's fake news that trade talks are happening.@POTUS: "Well, they had a meeting this morning... we may reveal it later, but they had meetings this morning, and we've been meeting with China." pic.twitter.com/99HGQIsCHf
— Rapid Response 47 (@RapidResponse47) April 24, 2025
This lifted Nasdaq to a 2.5% gain on the day...
The S&P is at a key technical resistance level once again...
...and has rallied above the first CTA buy trigger:
Short term: 5595
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24.04.25 - 13:24
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Stocks Dip As China Rebuffs Tariffs; Uncertainty Clouds IBM Earnings | Bloomberg Brief 04/24/2025 (Bloomberg)
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Stocks dip as China rebuffs suggestions that talks have begun between Asia's biggest economy and the US over trade. President Trump signaled that a new tariff rate could be imposed on China within weeks. IBM delivered a beat, but investors sell off the stock due to concerns over government cost-cutting and economic uncertainty. Ella Hoxha of Newton Investment Management calls the volatility of the moment a good time for active management. Garrett Melson of Natixis Advisors says the current uncertainty is weighing on consumers, investors and business leaders. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)...
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24.04.25 - 03:24
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Rebound Anticipated For China Stock Market (AFX)
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BEIJING (dpa-AFX) - The China stock market on Wednesday snapped the two-day winning streak in which it had risen almost 25 points or 0.8 percent. The Shanghai Composite Index now sits just beneath......
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23.04.25 - 17:18
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Fluent Ventures backs replicated startup models in emerging markets (TechCrunch)
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A new venture firm aims to prove that the most successful startup ideas don't have to be born or scaled in Silicon Valley. Fluent Ventures, a global early-stage fund, is backing founders replicating proven business models from Western markets in fintech, digital health, and commerce across emerging markets. The more cynical might describe this as […]...
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