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

With economic data being relatively good and the earnings season pretty much over, traders have turned once again to geopolitical events to find market direction.

And in that, trade has continued to dominate the headlines. Over the last few weeks, the repeated freezing and thawing of major trade deals across the world have resulted in wide swings. This week was no different. The U.S. and China continued to escalate their trade differences with another round of tariffs and reactionary taxes on a variety of goods. However, with tariffs being less than expected, some traders seemed pleased that there may be limits to just how far the nations are willing to go to fight the trade war.

As for data, a surprise win in the housing sector as well as continued dropping crude oil inventories helped with the good mood on the street this week. With not much in terms of data being released, any good news was certainly welcome.

The same couldn’t be said for the earnings picture this week. The vast bulk of the market has already reported this quarter’s results and those who did report painted a mixed bag. Several key benchmark firms reported poor numbers, with the trade war being the top reason.

However, even with the poor earnings news, investors seemed pleased with the markets and stocks managed to gain on the week overall.

To read the Full Story, Go Premium or Log In

Popular Articles

News

GlaxoSmithKline PLC Increases Dividend by 21%

Each day, companies and funds across the globe announce upcoming dividend payouts. In our ...

News

Microsoft Corporation Leads 128 Securities Going Ex-Dividend This Week

There are 128 securities going ex-dividend this week starting Monday, February 18th. For income...

Premium Shutterstock 752004817
News

The Market Wrap for February 15: Trade Is Back in the Saddle

The good news kept coming this week for investors. After last week’s Federal Reserve-induced...