Year Treasury: Tnx Bps and P Gspc

year treasury: Here's where markets ended Tuesday S&P 500 GSPC 1.48%, or 42.57 points Dow DJI 1.44%, or 372.54 points Nasdaq IXIC 1.95%, or 152.95 points10-year Treasury yield TNX 6 bps to 1.7%U.S. dollar to onshore Chinese yuan rate CNY X -0.2593% to 7.0394The Office of the U.S. Trade Representative announced Tuesday morning that products including cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing would not be hit with a 10% tariff until December 15, according to Xinhua China. Originally, President Donald Trump announced at the start of August that he would be imposing a 10% tariff on 300 billion worth of Chinese imports starting September 1, which would have included many of these items. The news also sent bond yields higher, after the curve flattened the most in more than a decade earlier in the session. Certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent, the USTR said in a statement. For Apple, which has become the poster child of this US/China UFC trade battle, this is a major shot in the arm for the bulls as importantly Cook & Co. will be facing no tariff noise/costs when the trifecta of iPhones launch in the September time-frame, Wedbush analyst Dan Ives wrote in a note. Shares of Apple AAPL led the Dow higher, with the iPhone-maker's stock up more than 4% after the USTR's statement. (news.financializer.com). As reported in the news.

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