trade situation: Equity index futures erased early losses to move into the green by the opening bell, according to Market Watch. A postponement or cancelation of those duties would likely please stock market participants, at least if the two sides can't reach an interim deal before then. But a subsequent report by The Wall Street Journal said the two nations are working on a possible delay of the Dec. 15 tariffs. The world's two largest economies have been trying to hammer out a deal for some time now, and uncertainty surrounding the trade situation has been the biggest headwind facing Wall Street. In November, optimism around trade, as well as better-than-expected earnings helped spur TD Ameritrade clients to increase exposure to the market and end the month as net buyers of equities, according to the Investor Movement Index IMXSM . The IMX is TD Ameritrade's proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets. But recently, excitement about a partial trade deal getting done soon has helped push the market to record highs.
(news.financializer.com). As
reported in the news.
Tagged under trade situation, opening bell topics.