China signaled on Tuesday that it is willing to go further than before in its trade tit-for-tat with President Trump by hitting a top American biotechnology company. China’s Ministry of Commerce said it would ban Illumina, a San Diego company, from importing its gene-mapping products in China. Illumina is the world’s leading producer of gene-sequencing…
We recently compiled a list of the 12 Best Consumer Discretionary Stocks to Buy According to Analysts. In this article, we are going to take a look at where PVH Corp. (NYSE:PVH) stands against the other consumer discretionary stocks. The Consumer Discretionary sector, as measured by the S&P 500 Consumer Discretionary Sector performance, surged approximately 30%…
An escalating trade conflict between China and the U.S. could hurt Big Tech, thus pressuring the broad S & P 500, according to Piper Sandler. Trump this month signed an order imposing a 10% tariff on goods from China. In turn, China announced retaliatory tariffs of up to 15% on select U.S. imports, including coal…
My top 10 things to watch Monday, Feb. 3 1. The tariff-driven sell-off Monday on Wall Street will be bad but not like the scare you hear as the stocks that have been weak will get weaker. The stock market was too high going in. But President Donald Trump wants talks with everyone to get…
My top 10 things to watch Thursday, Dec. 5 1. Shares of companies holding cryptocurrency and enabling trading surged as bitcoin topped $100,000 for the first time ever. MicroStrategy shares jumped 9%. Robinhood and Coinbase rose 7.5% and 5%, respectively. The rally in bitcoin, which has skyrocketed around 140% year to date, accelerated after crypto…
It was a great — albeit short — trading week for the U.S. stock market. The S & P 500 added 1.06% on the week while the Nasdaq Composite advanced 1.13% and the Dow Jones Industrial Average rose 1.39%. These gains added to an already stellar month for the market following Donald Trump’s victory in…