October 21, 2019
Wall Street traded in the green to kick off the week, as major indexes approached new highs on trade talks and earnings. On Monday, White House economic adviser Larry Kudlow said it’s possible China could avoid a fresh round of tariffs set to go into effect in December, citing opening financial services and a currency stability deal as part of the negotiations. Meanwhile, on the corporate side, Boeing shares tumbled after UBS and Credit Suisse slashed their price target and revenue forecasts as 737Max investigations continue and regulatory risk intensifies. The Dow Jones climbed 58 points or 0.2%. The S&P 500 gained 21 points or 0.7%. The Nasdaq jumped 73 points or 0.9%.