Sunday, March 25, 2018

Headlines of the Day: Mnuchin Looking To Calm Markets Come Monday

While the market's understandable tanking last Thursday and Friday -- along with the accelerated selling right at the close for the week -- bodes bearish for tomorrow morning, here are a couple of news items that could offer stocks a respite:
Mnuchin `Hopeful' Truce Can Be Reached With China on Trade 
  • Treasury secretary speaks in interview on ‘Fox News Sunday’
  • Comments come after South Korea announced agreement on tariffs
 U.S. and South Korea Reach Agreement on Trade, Steel Tariffs
  • Mnuchin said U.S. expects to sign ‘win-win’ deal soon
  • Trade minister says allies reached ‘in principle’ agreement

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