Phi Lebeau News Today

Street. Investors were encouraged by the white house announcemen that it would delay planned tariffs on some chinese goods. The decisiond hopes that the trade talks between the two economic superpowersould be revived. As one strategist said, the stock market reactions more proof that the trade war has been hanging over this market, and at least for today that liftewas the Dow Jones Industrial average rose 372 points to 26,279, pretty much wiping out yesterdays lossq. The nasas up 152 and the s p...

As until today. The move a controversial one and it comes at a time when the u. S. Economy remains solid. The risks come from a slowdown in Global Growth, so the decision to lower rates is considered an insurance cut designed to hel stave off the possibility of an economic downturn. Bu the chairman signalled that this is not the start of a trend and stocks dropped sharply. The Dow Jones Industrial average dropped 333 points to 26,864. It had been down more than 450 points. 500 was off by 32. And...