Fly me to the moon. The Dow Jones Industrials ignored the risk alarms coming from Italy and rocketed to close at a new all time high. The index was propelled by continued good feelings from the new USMCA deal (NAFTA 2.0) and rises in Intel, Caterpillar, and Boeing (all of which are trade sensitive stocks)….
Oh Canada! Stocks rallied yesterday but closed mixed on news of a late weekend trade accord with Canada. The new trade deal, which is touted as being the new NAFTA is called the USMCA and it includes the US, Mexico, and Canada like its predecessor. The news gave a bull rush to the Dow Jones…
Final Friday frolic. Stocks traded mixed in volatile trading with little in the way of credible stimulus on the last trading day of the quarter. News of Elon Musk being sued by the SEC and Facebook’s latest security breach certainly roiled markets but did not ultimately have a large effect on them. The S&P500 slipped…
