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US Stocks ‘Jump’ on President Trumps Trade Agreement with EU’s Junker

US Stocks ‘Jump’ on President Trumps Trade Agreement with EU’s Junker

$DIA, $SPY, $QQQ, $RUTX, $VXX

President Donald ’s agreement with European Commission President Jean-Claude Juncker pushed seven S&P 500 Index member stocks up more than 1% in the closing 18 mins of the trading session.

Deere & Co., the world’s biggest tractor maker, surged by more than 2.3% following the news. Brown-Forman Corp., which has been squeezed due to its Jack Daniels whiskey being caught in the tariff crossfire, was up 1.3%.

The trade dust up will end in world leaders aligning with President ’s policies. There will be no trade war.

Wednesday, the major US stock market indexes came in at: DJIA +172.16 at 25414.10, NAS Comp +91.47 at 7932.24, S&P 500 +25.67 at 2845.81

Trade on the NYSE came in at 795-M/shares exchanged

  • NAS Comp +14.9% YTD
  • Russell 2000 +9.8% YTD
  • S&P 500 +6.5% YTD
  • DJIA +2.8% YTD

-LTN’s US Major Stock Market Indexes Technical Analysis

Date Symbol Price Technical Analysis Support Resistance Jul-25-2018 QQQ 182.32 Bullish (0.44) 179.06 182.69 Jul-24-2018 DIA 254.14 Bullish (0.29) 253.89 257.10 Jul-24-2018 SPY 284.58 Bullish (0.37) 282.73  NIL

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