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๐บ๐ธ Trump: the U.S. is getting record amounts of duties, while the cost of almost all products is going down.
๐ฐ๐ท๐ค๐ป๐ณ South Korea and Vietnam agreed to strengthen trade relations in response to US duties. Also Hong Kong suspends postal service for all goods sent to the US. #tradewars
๐บ๐ธ Trump: the U.S. is getting record amounts of duties, while the cost of almost all products is going down.
๐ฐ๐ท๐ค๐ป๐ณ South Korea and Vietnam agreed to strengthen trade relations in response to US duties. Also Hong Kong suspends postal service for all goods sent to the US. #tradewars
BY Crypto News Aggregator by EXCAVO
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Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
Pinterest (PINS) Stock Sinks As Market Gains
Pinterest (PINS) closed at $71.75 in the latest trading session, marking a -0.18% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Meanwhile, the Dow gained 0.9%, and the Nasdaq, a tech-heavy index, lost 0.59%.
Heading into today, shares of the digital pinboard and shopping tool company had lost 17.41% over the past month, lagging the Computer and Technology sector's loss of 5.38% and the S&P 500's gain of 0.71% in that time.
Investors will be hoping for strength from PINS as it approaches its next earnings release. The company is expected to report EPS of $0.07, up 170% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $467.87 million, up 72.05% from the year-ago period.