Dow Futures Waver Ahead of U.S.-China Trade Talks
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Investor's Business Daily on MSNStock Market Today: Dow Jones Wavers As Tesla Jumps On Cooling Trump-Musk Feud (Live Coverage)The Dow Jones wavered Tuesday amid more China trade talks. Tesla stock rallied on cooling tensions in the Trump-Musk feud.
Stocks have been trading sideways all day, but the Dow, especially, has been stuck in a narrow range. The blue-chip index was recently up 17 points, moving in and out of positive territory. It has traded as low as 42,
Dow Jones gained some ground in quiet trading. Nike, which was up by 3.3%, was the best performer in the Dow Jones index today. The stock tested multi-week highs as traders bet that the company’s performance will recover from the blow dealt by trade wars.
This was the stock's third consecutive day of gains.
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Tesla stock rose around 5% in premarket trading Friday, suggesting the shares were set to claw back some of their heavy losses from the previous session. Tesla stock was up 4.3% at $296.99 ahead of the open,
US Stock market indexes closed higher on Monday as investors were still optimistic over trade talks between the United States and its trading partners despite President Donald Trump's latest salvo to double tariffs on imported steel and aluminum.
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