Tag: trade war

Broadcom stock hasn't been a great performer compared to its semiconductor peers this year. So far, the stock has fallen more than 4% today.

The Dow Jones Industrial Average has risen 51.5 points today—up for the eighth consecutive trading session. The DJIA is up 1,100 points since September 3.

September 13 was China's Mid-Autumn Festival. Some investors may be expressing gratitude for the recent trade war decisions made by Jinping and Trump.

Trump’s tariff reprieve and trade war de-escalation lifted metal and mining stocks. Alcoa and Freeport-McMoRan have gained 25.8% and 12.8% in September.

Yesterday, in a series of late-night tweets, President Trump attacked the Federal Reserve and Jerome Powell again, calling them “boneheads.”

On Wednesday, President Trump announced a delay in the China tariffs. The tariffs, scheduled for October 1, will come into effect on October 15.

As the trade war rages on, China's de-dollarization bid continues. The trade war is taking a toll on the US and Chinese economies.

Yesterday, President Trump tweeted that he would delay the upcoming hike on the China tariffs. US semiconductor companies are sensitive to trade wars.

China was a good sourcing destination for US companies. Overall, China was cost-effective. However, President Trump’s tariffs have changed the equation.

China, the world’s largest automotive market, has more bad news for automakers. The slump in China's auto sales refuses to die down.