U.S. and China agreed to hold off on slapping additional tariffs on their products in an effort to resume trade talks.

As of 5 a.m. ET Monday, Dow Jones Industrial Average futures indicated a gain of more than 260 points at Monday’s open. S&P 500 and Nasdaq 100 futures also pointed to gains.

Those gains prime Wall Street to start the second half of the year with a bang following a big first half. The S&P 500 rallied more than 17% to start off 2019, notching its best first half in more than 20 years.

That surge came after stocks recovered in June from a torrid May performance. The Dow soared 7.2% in June, its biggest gain for that month since 1938. The S&P 500, meanwhile, jumped 7.9% for the month, marking its best June performance since 1955.

By admin

PennyStockPlay is committed to providing our members with the most informative and accurate penny stock trading information available on the Internet today. The team at PennyStockPlay is dedicated to turning even the most novice trader into a seasoned one. No one can guarantee gains, and if they do they are lying. There is always a minimum level of risk, as small as it can be, it is still present. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost, and current performance may be lower or higher than the performance quoted. We believe that the well-educated investor is a wealthy one, so subscribe to our newsletter by entering your email address in the opt-in box below and let us help you build a stock portfolio that will be the envy of all of your peers!

Leave a Reply

Your email address will not be published. Required fields are marked *