Tuesday, May 21, 2019

Dow Booms After Trump Admin Flip-Flops on Ruthless Huawei Blacklist

By CCN: The Dow raced toward recovery on Tuesday after the Trump administration caved to pressure to moderate its hardline stance on Chinese tech giant Huawei. However, as trade tensions grow increasingly fraught, investors should question the long-term health of the stock market. Dow Plots 150 Point Rebound All of Wall Street’s major indices surged on Tuesday. As of 9:21 am ET, futures tracking the Dow Jones Industrial Average had gained 137 points or 0.53%, implying a 157.1 point jump at the open. S&P 500 futures added 0.52%, while Nasdaq futures rose 0.72% amid a bullish pre-market session for US

The post Dow Booms After Trump Admin Flip-Flops on Ruthless Huawei Blacklist appeared first on CCN



source https://www.ccn.com/dow-booms-after-trump-admin-flip-flops-on-ruthless-huawei-blacklist

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