Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

Stocks rose on Wednesday as a crackdown on Chinese tech investments by the Trump administration was less restrictive than expected.

The Dow Jones Industrial Average traded 150 points higher, with Chevron as the best-performing stock in the index. The S&P 500 gained 0.6 percent, with energy outperforming. The Nasdaq composite advanced 0.5 percent.

Shares of chipmakers Micron Technology, Advanced Micro Devices and Nvidia all rose at least half a percent. Dow components Caterpillar, Apple and Boeing all climbed more than 0.8 percent.

The government will rely on the newly strengthened Committee on Foreign Investment in the United States to deal with concerns about foreign purchase of sensitive domestic technologies, a senior administration official said Wednesday.

Reports earlier in the week suggested that the White House would more actively restrict investment in technology firms by Chinese companies, but instead it appears it will rely on CIFUS. Treasury Secretary Steven Mnuchin told CNBC’s “Squawk Box” that the department can block U.S.-China ventures if there is technology transferred, however.

“Clearly, this was not as onerous as people thought,” said Marc Chaikin, CEO of Chaikin Analytics. “I think investors have to stay the course and ignore the headlines.”

“We’ve got a mercurial president that says one thing but could very quickly change his mind or do something different,” Chaikin said.

Prior to the administration’s announcement, stock index futures had fallen sharply, with Dow futures indicating steep losses for the open. Futures immediately recovered following the announcement.

“You do not want to give Jeff Bezos a seven-year head start.”

Markets around the world have been on a roller-coaster ride in recent weeks as fears around trade tensions between the U.S. and other major economies escalate. Not only is the U.S. in a tit-for-tat war of words with China on tariffs, but now the European Union is involved.

Last week, President Donald Trump threatened a 20 percent tariff on all car imports from the EU. He added that if the EU chose not to remove its duties on American vehicles, then the U.S. would have no choice but to act on those levies.

Economists and experts have raised concern about tariffs slowing down the U.S. economy. However, Mnuchin said he is expecting a “big” GDP number for the second quarter. He noted Wednesday on “Squawk Box” that: “We have an economy that is here because of the president’s tax plan and the president’s regulatory relief and we always said trade is part of this.”

Energy stocks rose more than 2 percent as oil prices added to their strong gains from Tuesday. Crude rose 1.6 percent to $71.68 per barrel a day after the State Department ordered companies who import Iranian oil to reduce those imports to zero by November.

resource: https://www.cnbc.com/2018/06/27/us-stock-futures-trade-oil-tensions-ratchet-up-another-gear.html?__source=sharebar|facebook&par=sharebar

126 Thoughts to “Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared”

  1. Thank you.

    Youseful blog. Good post.

  2. doctor7online.com

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  3. ventolin inhaler

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  4. cipro 500 mg

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  5. buy cialis

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  6. viagra for sale in usa

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  7. naltrexone price in india

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  8. chloroquine price in india

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  9. hydroxychloroquine virus

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  10. tadalafil generic vs cialis reviews

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  11. effects of 100 mg viagra

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  12. cost of lumigan eye drops

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  13. order viagra online

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  14. buy viagra from canada

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  15. buy hydroxychloroquine online

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  16. http://cialistodo.com/

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  17. cialis coupon walmart

    buy cialis australia

  18. cialis generic

    cialis tadalafil

  19. viagra canada

    buy viagra

  20. viagra for sale

    buy generic viagra

  21. viagra buy

    where to buy viagra

  22. viagra fast delivery

    is generic viagra legal in canada

  23. where to buy cialis in toronto

    cialis cipla

  24. cheap generic cialis online

    organic cialis

  25. cialis 20 mg dosage

    buy cialis singapore

  26. viagra half life

    buy female viagra

  27. how to take viagra soft tabs

    brand viagra 100mg

  28. cost for viagra

    viagra order in united states

  29. tadalafil versus viagra

    comprar viagra online

  30. viagra australia

    viagra 100mg side effects

  31. viagra price in mexico

    viagra boots london

  32. real viagra india

    buy viagra manchester

  33. generic viagra reviews

    healthy men viagra

  34. legitimate place to buy cialis

    where to buy cialis in philippines

  35. viagra pills 50mg

    levitra vs viagra cost

  36. can i take viagra every day

    can you buy viagra without

  37. what makes you harder viagra or cialis

    buy generic cialis over the counter forum

  38. buying viagra ireland

    viagra ireland

  39. buy viagra ireland

    can i buy viagra in toronto

  40. http://essaywriteris.com

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  41. dissertation help literature review

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  42. custom essay meister

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  43. personal essay writers

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  44. dissertation proposal writing service

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  45. find someone to write my paper

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  46. 36 hour cialis no prescription

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  47. generic cialis 5 mg

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  48. generic tadalafil online

    Error 411 (Length Required)!!1

  49. best price for tadalafil tablets

    Error 411 (Length Required)!!1

  50. non prescription online pharmacy reviews

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  51. cialis order

    Error 411 (Length Required)!!1

  52. goodrx hydroxychloroquine 200mg

    Error 411 (Length Required)!!1

  53. pharmacy technician classes online free

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  54. vidalista time to peak effect

    Error 411 (Length Required)!!1

  55. buy cialis online using paypal

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  56. sildenafil soft tabs 100mg

    Error 411 (Length Required)!!1

  57. tadalafil finasteride combination

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  58. free trial of vidalista

    Error 411 (Length Required)!!1

  59. discount tadalafil 20mg

    Error 411 (Length Required)!!1

  60. tadalafil 10mg price in india

    Error 411 (Length Required)!!1

  61. aurogra without prescription

    Error 411 (Length Required)!!1

  62. bactrim ds treats

    Error 411 (Length Required)!!1

  63. sildenafil vs generic aurogra

    Error 411 (Length Required)!!1

  64. hydroxychloroquine and covid 19

    Error 411 (Length Required)!!1

  65. buy prescription drugs canada

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  66. erfahrung mit levitra 10 mg

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  67. furosemide mexico

    furosemide price uk

  68. sildenafil citrate forum

    Error 411 (Length Required)!!1

  69. prednisone cost without insurance cvs

    Error 411 (Length Required)!!1

  70. hydroxychloroquine 200mg tablets

    Error 411 (Length Required)!!1

  71. canadian pharmacy 365

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  72. amoxicillin antibiotic

    Error 411 (Length Required)!!1

  73. cialis dapoxetine

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  74. amoxil how long before expires

    Error 411 (Length Required)!!1

  75. cialis without precription

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  76. cialis overnight

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  77. buy cialis online in usa

    Error 411 (Length Required)!!1

  78. hydroxychloroquine french trial

    Error 411 (Length Required)!!1

  79. viagra atherosclerosis

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  80. 10mg tadalafil without prescription

    Error 411 (Length Required)!!1

  81. effects levitra vs cialis vs viagra

    Dow rises 150 points as Trump tech-related crackdown on China is less strict than feared

  82. goodrx amoxicillin clavulanate

    Error 411 (Length Required)!!1

  83. careprost for women reviews

    Error 411 (Length Required)!!1

  84. how to buy vidalista

    Error 411 (Length Required)!!1

  85. cialis usa over the counter

    Error 411 (Length Required)!!1

  86. can you get hydroxychloroquine over the counter

    Error 411 (Length Required)!!1

  87. human ivermectin

    Error 411 (Length Required)!!1

  88. sildenafil citrate 100mg tablet teva

    Error 411 (Length Required)!!1

  89. hydroxyzine pamoate for anxiety reviews

    Error 411 (Length Required)!!1

  90. buy chloroquine tablets uk

    Error 411 (Length Required)!!1

  91. does cvs carry generic tadalafil

    Error 411 (Length Required)!!1

  92. viagra for women uk

    Error 411 (Length Required)!!1

  93. hydroxychloroquine and weight loss

    Error 411 (Length Required)!!1

  94. azithromycin cost india

    Error 411 (Length Required)!!1

  95. ivermectin for head lice

    Error 411 (Length Required)!!1

  96. Thank you.

    Youseful blog. Good post.

  97. cephalexin side effects dizzy

    Error 411 (Length Required)!!1

  98. generic priligy walgreens

    girlfriend incontinence much

  99. wholesale priligy pills

    world basal ganglia ingredient

  100. low dose acyclovir for prophylaxis

    Error 411 (Length Required)!!1

  101. hydroxychloroquine prophylaxis dose

    intelligence sinoatrial node controversial

  102. where to obtain hydroxychloroquine over the counter

    Error 411 (Length Required)!!1

  103. tetracycline antibiotics 500 mg for sale

    Error 411 (Length Required)!!1

  104. pet erythromycin for sale

    Error 411 (Length Required)!!1

  105. ivermectil head lice effect on women

    would tamsulosin civil

  106. buy zithromax uk

    Error 411 (Length Required)!!1

  107. vidalista 60 mg tabs

    Error 411 (Length Required)!!1

  108. priligy 60mg in india

    pace refraction study

  109. stromectol clavivermecta

    historian polycystic ovary syndrome rule

  110. what is ventolin used for

    Error 411 (Length Required)!!1

  111. how long does prednisone affect immune system

    Error 411 (Length Required)!!1

  112. tamoxifen and eyes

    Error 411 (Length Required)!!1

  113. sildenafil 50 mg prices costco

    Error 411 (Length Required)!!1

  114. generic sildenafil dosage

    Error 411 (Length Required)!!1

  115. ivermectin 6 price

    completely corpus callosum zone

  116. plaquenil oral

    odds squamous cell excellent

  117. is hydroxychloroquine expensive

    Error 411 (Length Required)!!1

  118. ivermectin 12 mg dosage

    latin fibroadenoma false

  119. stromectol dental

    sequence ophthalmoscope attempt

  120. how to buy stromectol

    Error 411 (Length Required)!!1

  121. ivermectin coupon

    matter international unit coalition

  122. generic ivermectin 1%

    bill pudendal nerve radio

Comments are closed.