Financial News

Trump Set to Host Xi Jinping at the White House as Trade Truce Extension Looks “Almost Certain”

President Trump is expected to host Chinese President Xi Jinping at the White House on September 24, timed to coincide with the United Nations General Assembly gathering in New York. According to people familiar with the discussions, the two governments are close to agreeing to extend a one-year trade truce originally reached in Busan, South […]

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Markets Pull Back as Treasury Yields Surge, Breaking the Nasdaq’s Record-Setting Streak

U.S. stocks fell today, snapping a stretch of back-to-back Nasdaq record closes as Treasury yields jumped and investors once again confronted the possibility that the Federal Reserve isn’t finished raising rates. The S&P 500 dropped roughly 0.3%, the Nasdaq Composite slipped about 0.5%, and the Dow Jones Industrial Average shed around 159 points, or 0.3%.

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