Wobbles

Dow Wobbles as US Senate Hong Kong Bill Pressures Trump-Xi Relations

US stocks are under pressure, with the US Senate poised to pass a bill supporting Hong Kong that may destroy Trump’s hopes of a phase one trade deal. The Dow made no progress as a huge sell-off in Cisco undid a decent rally in Boeing stock. Weakening Chinese data suggest Xi needs a trade deal,…

Dow Wobbles as Trade War Sinks Its Fangs Into Corporate Earnings

The Dow failed to secure a strong recovery on Wednesday after a new batch of quarterly earnings reports confirmed that the trade war has begun to eat into profit margins. Dow Wavers as Core Stocks Report Earnings Wall Street’s major indices remained little changed during the morning hours. The Dow Jones Industrial Average rose 7.64…