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Home / Business / Stocks edge higher after trading calls kicking, China stocks rise

Stocks edge higher after trading calls kicking, China stocks rise



The major US reference points rose modestly on Monday morning, when a round of US-China tariff negotiations in Beijing were begun and the threat of another partial government suspended.

How are large indexes faring?

Dow Jones Industrial Average

DJIA, + 0.11%

rose 74 points, or 0.3% to 25,182, while the S&P 500 index

SPX, + 0.1

8%

climbed 8 points, or 0.3% to 2.716. Nasdaq Composite Index

+ 0.21%

increased 36 points, or 0.5% to 7.333.

Need to know: Weak hands can signal a "big market loss"

What drives the market?

The latest round of trade negotiations to start Monday between the US and China, with lower-level discussions to start the week, and Secretary of State Steven Mnuchin and US trade representative Robert Lighthizer arrive Thursday and Friday for discussions.

Although the tariffs on Chinese goods remain 10% higher than a deadline, as some have reported, the long-term uncertainty surrounding a trade resolution would only indicate that a 12-month negotiation between the world's largest economies has not resulted in any deal.

It may further disturb investors and US firms looking at an 12:01 am Eastern Time on March 2 for an agreement to be reached between the two countries. The United Kingdom is spreading a planned departure from the European Union on 29 March with or without a trade agreement in hand.

In addition, investors are concerned with another potential government's shutdown after talks have declined between the main parties' dealers on Sunday over limiting the number of immigrant authorities can arrest. The White House has not ruled out another closure if a border security compromise cannot be reached at midnight on Friday.

There is no schedule for financial release for Monday.

Read: Why listed traders are already spreading for a make-or-break month in March

Which stocks are worth seeing?

] Restaurant Brands International Inc .

QSR, + 4.24%

shares increased by 2.6% after Burger King's parent company reported on sales and growth in the same store over Wall Street expectations.

Morgan Stanley Inc .

-0.26%

shares were down 0.4% Monday morning after the bank announced the acquisition of Canada-based Solium Capital Inc . In a deal of $ 900 million.

Stocks of Electronic Arts Inc .

EA, + 8.73%

was up 7%, built on Friday's momentum, as it increased 16.1% on news that the company's Apex Legends game signed on more than 10 million players during of the first 72 hours.

What do the analysts say?

"Many good news out there are already priced at stocks at these levels," wrote Tom Essaye, president of Sevens Report, in a Monday requirement for clients. "At 2,700 or higher, the S & P 500 is not priced perfectly, but it is priced for the positive resolution of a number of events," including the US-China trade struggle, global economic growth stabilization, and the Fed falling to raise prices in all in 2019, he said.

"It is not so good things are not possible, it is that many of them are now adopted by the S&P 500 of 2700 or higher, and it does not create much reward and more risk," Essaye wrote.

How did the bearings last week?

On Friday, Dow dropped 63.20 points, or 0.3% to 25.106.33, and increased 0.2% for the week. The S&P 500 index rose 1.83 points to 2.707.88 and the Nasdaq Composite Index gained 9.85 points, or 0.1% to 7.298.20.

Dow expanded his winning stretch in a seventh week, while S & P 500 and Nasdaq also signed wins.

How do other markets trade?

In Asia, the Shanghai Composite returned from a week's holiday to close up nearly 1.4% while Nikkei 225

NIK, -2.01%

was closed for a holiday. Stocks in Europe were higher across the board with Stoxx Europe 600

SXXP, + 0.85%

up 0.9%.

Crude

CLH9, -2.56%

was pressurized while gold

GCH9, -0.64%

also fell as US dollar

DXY, + 0.32%

rose against their peers.

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