Business

Shares go higher, treasury dips




Stocks rose Tuesday after a holiday weekend for US and UK investors

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text "content =" S & P 500 ( ^ GSPC ) increased 0.32%, or 8.97 points, from 9:34 ET The Dow [ ^ DJI ) advanced 0 , 37%, or 94.03 points, while Nasdaq ( IX IXIC ) rose 0.47%, or 35.33 points. "Data response time =" 1[ads1]6 "> S & P 500 (GS GSPC ) increased 0.32%, or 8.97 points, from. 9.34 to ET. The Dow (^ DJI) advanced 0.37%, or 94.03 points, while the Nasdaq (^ IXIC) rose 0.47%, or 35.33 points.

Treasury rates were bid higher, with the yield above the basket falling on Tuesday morning. The yield on the 10-year US Treasury note fell 4.2 basis points to 2.287% at 9:35, which is slightly off a 19-month low of just over 2.27%.

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Investors returned from Monday's market shutdown to face ongoing concerns for The future of the US-China trade over the weekend, said President Donald Trump during a state visit to Japan that the nation was "not ready to enter into a deal" with China and that tariffs on goods from the country could "go up very much , very significant, very simple. "" Data-React = "18"> Investors returned from Monday's market termination to face ongoing concerns about the future of US-China trade relations. During the weekend, President Donald Trump said during a state visit to Japan that the United States was not "ready to enter into a deal" with China, and that tariffs on country goods could "go very, very significantly, very lightly".

But Trump added that he believes that "in the future, China and the United States will certainly have a good deal."

The Trump administration earlier this month revealed a list of $ 300 billion of Chinese goods that would be affected by a new 25% duty. China also plans to beat rates up to 25% on $ 60 billion in US goods from Saturday.

<p class = "canvas-textile textile Mb (1.0em) Mb (0)) – sm" type = "text" content = "At the same time, market participants continue to monitor Britain's competition to replace Theresa May as prime minister, after May last week announced its resignation & nbsp; among several failed attempts to bring parliament together to deliver a Brexit agreement. "data-reactid =" 21 "> At the same time, market participants continue to monitor Britain's competition to replace Theresa May as prime minister, after May last week announced his dismissal among several failed attempts to bring parliament together to deliver a Brexit agreement.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Boris Johnson, considered favorite among conservative members to take over as prime minister, said that Britain would leave the EU at the end of the six-month Brexit extension ending October 31. "agreement or no agreement." & nbsp; Foreign Secretary Jeremy Hunt, another candidate in the crowded field of potential successors to may, who said it was not an agreement, would constitute "" political suicide. "" data-reactid = "22"> Boris Johnson, considered favorite among conservative members to take over as prime minister, said that Britain would leave the EU at the end of six months Brexit extension ended October 31, "deal or no deal." Foreign Secretary Jeremy Hunt, another candidate in the crowded field of potential successors in May, said to pursuing a non-retirement would constitute "political see murder. "

<p class =" canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" British pound GBPUSD = X ) weakened against the US dollar to $ 1,267 Tuesday morning in New York, while the euro ( EURUSD = X ) broke below $ 1.12 during a election election election across the EU. "data-reactid =" 23 "> The British pound (GBPUSD = X) weakened against US dollars to $ 1,267 Tuesday morning in New York, while the euro (EURUSD = X) broke below $ 1.12 during a number of election results all over the EU.

STOCKS

<p class = "canvas-atom lerik Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Fiat Chrysler ( FCAU ) on Monday announced that it proposed a $ 35 billion merger with Renault SA ( RNO.PA ) in an agreement that would create the world third-largest automaker, behind Toyota and Volkswagen. ") on Monday announced a $ 35 billion merger with Renault SA (RNO.PA) in a deal that would create the world's third largest automaker, behind Toyota and Volkswagen.

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The agreement will constitute 50-50 ownership between Fiat Chrysler and Renault shareholders after a dividend EUR 2.5 billion for existing Fiat Chrysler shareholders, and will be conducted under a listed Dutch holding company. Capacity to produce more than 8.7 million vehicles per year, targeting $ 5.6 billion in annual savings. Renault said on Monday that its board met to examine the proposal. "data-reactid =" 26 "> The agreement will constitute 50-50 ownership between Fiat Chrysler and Renault shareholders following a dividend of EUR 2.5 billion for existing Fiat Chrysler shareholders, and will be conducted under a listed Dutch holding company. The expanded business will have the capacity to produce more than 8.7 million vehicles per year, targeting $ 5.6 billion in annual savings. Renault said on Monday that the board met to examine the proposal.

< p class = "canvas-textile-textile Mb (1.0em) Mb (0) – sm Mt (0.8em) – Emily McCormick is a reporter for Yahoo Finance. Follow her on Twitter: @emily_mcck "data-reactid =" 28 "> Emily McCormick is a reporter for Yahoo Finance. Follow her on Twitter: @emily_mcck

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "19459019" Read more from Emily: "data-reactid =" 29 "> Read more from Emily:

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