Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

There was a good chance that the markets would turn bearish this week after the U.S. administration imposed a fresh set of tariffs last week. This overshadowed the surge in housing construction and some decent corporate earnings.

After China promised to impose retaliatory tariffs on U.S. exports, President Donald Trump escalated the situation by issuing warnings of ‘additional tariffs’ if Beijing hit back with tit-for-tat duties on American goods. Consequently, the Dow was down almost 2% by Tuesday, but the market stabilized by Wednesday and the CBOE Volatility Index reading retraced close to 13.

In the end, the U.S. economy is doing better than the rest of the world, as is evident by the surging U.S. Dollar index, but if the administration continues to provoke key allies and trading partners, it will cap the natural bullish potential of the market.

Be sure to check out our previous week’s edition here, in which news of more rate hikes overshadowed the historic North Korea Summit.

To read the Full Story, Go Premium or Log In

Popular Articles

Dividend Investing Ideas Center

Dividend History of the Utilities Sector

Famous for their high payouts and defensive posture, utilities stocks are widely considered to be...

Premium Protecting%20money
News

The Midterm Results Are In: The Time for Some Defense Is Now

If there’s one thing Wall Street hates, it’s uncertainty. And traders certainly received a lot of...

News

Sturm, Ruger & Company, Inc. Decreases Dividend by 38.24%

Every day, companies and funds across the globe announce upcoming dividend payouts. You can find...