Dow Surges 443 Points: Here’s What Xi Jinping Said That Lit the US Stock Market on Fire

On February 15, the Dow Jones surged by 1.74 percent, adding 443.86 points. Within less than 1 month, the Dow Jones has recovered from 24,065 points to 25,883 points, by a staggering 7.6 percent. Analysts were uncertain how the Dow Jones would react to the reported plans of the Trump administration to delay the U.S.-Chian trade deal deadline by 60 days to May 1. The prospect of a comprehensive trade deal may have significantly improved in the last 24 hours. Reports claimed corporate China has begun to face an increasing number of defaults, Didi plans to lay off 2,000 employees,

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While Dow Surges, This Key Metric Reveals Professional Investors are Calling the US Stock Market’s Bluff

The Dow and wider US stock market raced higher on Wednesday, adding to Tuesday’s mammoth 372 point gain. Dow Builds on 372 Point Rally Traders are excited that efforts are underway to avoid the government shutdown. While that was good news, investors were particularly enamored with news over China tariff negotiations. This was based on some optimistic words from President Donald Trump. The S&P 500 closed above its 200-day moving average, which it hadn’t seen since Dec. 3, and analysts such as Fundstrat’s Tom Lee said that this was a bullish flag for the stock market’s performance in 2019. MACRO: pretty

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Crypto Rallies: EOS Surges 10% With Exceptional Strength to Hit $2.6 Billion Market Cap

In the last 24 hours, the EOS price has surged from $ 2.71 to $ 3.06 by more than 10 percent against the U.S. dollar, reclaiming its position as the 4th largest crypto behind Bitcoin, Ethereum, and Ripple. Last week, Litecoin overtook EOS following a strong 30 percent increase in price. The surge in the price of Litecoin was mainly attributed to fundamental factors that include active development of privacy solutions Mimblewimble and Confidential Transactions. Fueled by the momentum demonstrated by several major crypto assets in the likes of EOS, Ethereum, and Ripple, the valuation of the crypto market rose $ 2 billion

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Crypto Markets Flying: Litecoin up 30%, Bitcoin Surges 8%, Ethereum 12%, What’s Pushing it?

The crypto market has added more than $ 10 billion in the past several hours as all major crypto assets including Bitcoin, Litecoin, and Ethereum jumped by massive margins. Bitcoin, which struggled to demonstrate any major movement in the past two weeks, surged by well over 8 percent, recovering to the high $ 3,000 region. Litecoin, which CCN reported rose 10 percent overnight, increased by an additional 20 percent, adding more than half a billion dollars to its valuation. What’s Causing the Corrective Rally? On February 8, following a long period of stability and a lack of volatility in a tight price range, traders

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