Stocks lift higher on reports U.S. to lift China “currency manipulator” tag ahead of deal-IFR News
Spoos bid, treasuries trading lower but failed to make a new Daily Low.The announcement caused a few minutes of excitement with best volume of day coming into bonds.This announcement is part of the U.S.-China deal which will be signed this week.
Year To Date Changes,%
SPX +1.6% INDU +1.3 ,NDX +3.6%, New 52 week highs Apple,Tesla and Yuan 6 month highs . Q4 earnings to start this week and with Trade war worries subsiding and Iran situation coming off the boil Earnings reports will be the catalyst for Movement the next few weeks. JPM,Citi and WFC report Wednesday