Ethereum Miner - Mine and Earn free Ethereum Doloca.net: Online Booking - Hotels and Resorts, Vacation Rentals and Car Rentals, Flight Bookings, Activities and Festivals, Tour

Wednesday, September 19, 2018

Trade war fears; Danske Bank in trouble; Brexit talks

1. Trade war developments: Global markets appear largely unfazed by the latest escalation in the trade war between the United States and China. The Trump administration announced Tuesday it will hit $200 billion worth of Chinese goods with new tariffs. China immediately retaliated, saying it will impose tariffs on US goods worth $60 billion.
CNNMoney: Before The Bell
 Advertisement
Where U.S. stocks are heading
Dow Futures   Nasdaq Futures   S&P Futures
+216.00   -1.50   -2.00
+0.83%   -0.02%   -0.07%
 
World Markets
Japan   China   U.K.
Nikkei 225   Shanghai Composite   FTSE 100
+251.98   +30.90   +0.81
23,672.52   2,730.85   7,301.04
+1.08%   +1.14%   +0.01%
 
Biggest Winners
Praxair Inc +2.42%
 
Micron Technology Inc +0.82%
 
Netflix Inc +0.78%
 
Lam Research Corp +0.61%
Biggest Losers
Advanced Micro Devices Inc -1.32%
 
General Electric Co -0.87%
 
Microsoft Corp -0.40%
 
Facebook Inc -0.36%
 
News: What you need to know about the markets
 
 
Trade war fears; Danske Bank in trouble; Brexit talks
By Ivana Kottasová
 
1. Trade war developments: Global markets appear largely unfazed by the latest escalation in the trade war between the United States and China.
 
The Trump administration announced Tuesday it will hit $200 billion worth of Chinese goods with new tariffs. China immediately retaliated, saying it will impose tariffs on US goods worth $60 billion.
 
Chinese Premier Li Keqiang calmed the waters on Wednesday, announcing China "will never go down the path of stimulating exports by devaluing its currency." Investors were worried China might start fighting the trade war through the yuan.
 
US stock futures were flat on Wednesday. European markets opened higher. Asian markets were mixed, but stocks in China and Hong Kong ended the session higher.
 
The Dow Jones industrial average gained 0.7% on Tuesday, while the S&P 500 added 0.5%. The Nasdaq advanced 0.8%.
 
Watch CNNMoney's 'Markets Now' at 12:45 p.m. ET
 
2. Danske Bank in trouble: Shares in Denmark's largest bank dropped over 5% after an internal investigation uncovered a large number of suspicious accounts and transactions at its branch in Estonia.
 
CEO Thomas Borgen said he will step down once a replacement is found.
 
Danske Bank said the investigation into potential money laundering had found "a large number of non-resident customers in Estonia that we should have never had."
 
3. Brexit talks: EU leaders are gathering in Salzburg for an informal summit that could produce a breakthrough in deadlocked Brexit negotiations.
 
British Prime Minister Theresa May will make a pitch to her fellow European leaders for a continued close relationship between the United Kingdom and the European Union. Businesses are increasingly worried about the possibility of the United Kingdom dropping out of the union without a deal.
 
The issue of the border between Norther Ireland and Ireland will be high on the agenda — both sides have said they want to avoid the return of a hard border.
 
Before the Bell newsletter: Key market news. In your inbox. Subscribe now!
 
4. Companies and economics: Herman Miller will release earnings after the US close.
 
The US Census Bureau will publish its August housing starts report at 8:30 a.m. ET.
 
Nintendo stock gained 2.4% in Tokyo after the company launched a new paid membership service, Nintendo Switch Online.
 
Shares in Sony advanced 0.5% after the company announced it would release a miniaturized version of its PlayStation Classic in December.
 
British developer and home improvement company Kingfisher reported a 15% drop in profits in the first half of the year. It attributed the loss to a poor performance in France.
 
The Bank of Japan left interest rates unchanged on Wednesday, in line with expectations.
 
UK inflation rose unexpectedly in August to 2.7%, from 2.5% in July. Economists had expected the rate to drop to 2.4%.
 
Markets Now newsletter: Get a global markets snapshot in your inbox every afternoon. Sign up now!
 
 
Coming this week:
 
 
Thursday — Darden Restaurants and Micron Technology earnings
Friday — S&P reclassification; new iPhones and Apple Watch hit stores
 
 
Key Market Stats Latest Today's Change
Oil $69.77 -0.08 / -0.11%
Gold $1,207.70 +4.80 / +0.40%
10-yr 3.05% +0.05 / +1.57%
Euro $1.17 +0.00 / +0.16%
 
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to BeforeTheBellFeedback@cnn.com
CNNMoney Markets Now
 
Tips, thoughts or questions are always welcome at
BeforeTheBellFeedback@cnn.com.
 
® © 2018 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNNMoney's "Before The Bell" newsletter.

Our Mailing address is:
Cable News Network, Inc.
Attention: Privacy Policy Coordinator
One CNN Center, 13 North
Atlanta, GA 30303
 
                                                 






This email was sent to latestnews401.news@blogger.com
why did I get this?    unsubscribe from this list    update subscription preferences
Cable News Network, Inc. · Attention: Privacy Policy Coordinator · One CNN Center, 13 North · Atlanta, GA 30303 · USA

No comments:

Post a Comment

Ethereum Miner - Mine and Earn free Ethereum