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MarketWatchJun 26, 2019
Trump Today: Trump Today: President says this is his ‘Plan B' if China-U.S. trade talks collapse
President Donald Trump says the alternative to a trade pact with China is simple: collect tariffs and do less business with the second-largest economy.

RELATED ARTICLES
Trump says a US-China trade deal is possible, but he's 'happy where we are now' (CNBC Economy)
Deal Or No Deal? The Stakes Are High For Trump-Xi Trade Talks (NPR Topics: Business)

MarketWatch MarketPulseJun 26, 2019
Dow pops 100 points higher at open as chip-maker stocks score a bounce on Micron results
U.S. stock indexes opened solidly higher Wednesday morning as equity markets attempted to rebound from the previous day's losses, as investors drew optimism from chip-maker results. Investors also were hopeful of a cease-fire between the U.S. and China on trade. The Dow Jones Industrial Average rose around 100 points, or 0.4%, at 26,650, the S&P 500 index advanced 0.5% at 2,930, while the technology-heavy Nasdaq Composite Index rose 1% at 7,960, as chip-maker stocks rose on the back of earnings from Micron Technologies late Tuesday that were not as bad as feared. Shares of Micron were up 13% in early Wednesday action, while the broader chip-maker sector was also gaining, as reflected in the PHLX Semiconductor Index and the exchange-traded iShares PHLX Semiconductor ETF up 2.8%. President Trump and Chinese President Xi Jinping are expected to meet at the G-20 in Japan later this week, in a what is seen by analysts as an important moment in the trade dispute between the two nations. Markets got a bounce early as CNBC reported that Treasury Secretary Steven Mnuchin said that a Sino-American trade deal was 90% of complete, but said that a deal isn't certain. On Tuesday, the Dow fell almost 0.7%, or 179 points, while the S&P 500 lost 28 points, or 1%, to 2,917. The Nasdaq gave up 121 points, or 1.5%, to 7,885, extending its losing streak into a third day and booking one its worst days in nearly a month.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Business NewsJun 25, 2019
U.S. Companies Find Legal Ways Around Trump's Huawei Blacklist - Bloomberg
U.S. Companies Find Legal Ways Around Trump's Huawei Blacklist  BloombergMicron pops on earnings and revenue beat  CNBCMicron surge; Central banker buzz; Crude data  CNNHuawei Blacklist Loopholes Were Made in the U.S.A.  BloombergMicron Trades Higher After Big Q3 Earnings Beat  BenzingaView full coverage on Google News
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