In the last month the CSI 300 is down 11.5%, much more than US indices.
JCPenney (JCP) is slated to announce its results for the first quarter of fiscal 2019, which ended on May 4, on May 21.
The key point of contention in the US-China trade dispute is the large trade deficit the United States runs against China.
On May 16, the Labor Department reported jobless claims for last week. Initial jobless claims fell by 16,000 to 212,000 for the week ended May 11.
Jeffrey Gundlach recommended investors take advantage of the volatility in interest rates at the recent Sohn Conference.
Tesla (TSLA) has fallen 4.2% as of 11:55 AM EDT on May 17. While US equity markets opened in the red today, they've recouped their losses.
According to Reuters, on May 16, Vale (VALE) told prosecutors that a dam was at risk of rupturing at its Gongo Soco mine.
On May 14, Agilent Technologies (A) reported its second-quarter results. Its revenue rose 2.65% YoY (year-over-year) on a reported basis to $1.24 billion, missing analysts' estimate by $30.82 million.
Today, Bank of America upgraded Philip Morris International (PM) from “underperform” to “neutral” and also raised its price target from $81 to $94.
In the first quarter of fiscal 2020, NVIDIA’s revenue rose 1% sequentially but fell 31% YoY to $2.22 billion, beating analysts' estimate of $2.20 billion.