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NewsBreak - Trump Says ‘Very Close’ to China Deal; Markets Gain

Published 12/12/2019, 09:44 AM
Updated 12/12/2019, 09:50 AM
© Reuters.

Investing.com – Markets gained ground on Thursday after U.S. President Donald Trump said via Twitter that the U.S. is getting "very close" to a "big deal" with China.

"Getting VERY close to a BIG DEAL with China. They want it, and so do we!" the president tweeted.

  • Gold futures at $1,482.60 an ounce vs. $1,488.90 prior

  • Crude oil WTI futures at $59.60 a barrel, vs. $58.92 prior to comments

  • S&P 500 index hits new all time highs of 3160.98, before easing back to 3,158.45

  • Nasdaq 100 index hits a high of 8701.08, just off the all-time high of 8705.91, before pulling back slightly to 8699.94.

    Latest comments

    lask week he said china can wait next year and market goes red after that some "unknown source" tell journalists that trade deal are getting close and market got pump to green and now he decided to pump it again after bad data. are there some institutions gonna take this manipulating system to the end? its a dream job that your tweet can make a milion/trilion dollar in 1day on 1tweet jesus
    Exactly. The bad data has ZERO effect on the market nowadays. I mean, look at the stock market and the economy data, they don't even go hand in hand! I wonder what will happen when they start showing this number when the dump-period is on.
    Luckily been set pending order… Once he announce, I get profit. The day after close deal. I meant my deal =D
    Although I don't like him, but without him where we get this opportunity
    please over it...
    He said the excact same thing.. ONE YEAR ago.
    very good news !!!r. r. I hope it is really close...
    He can do nothing but manipulate the market.
    he must have bought / wanted to close, some positions.
    Why did he announce it right after the market opened? Why not earlier? It's all a joke.
    Black friday comming
    again!!!!!!
    Anytime US releases bad data and the dollar is about to be hammered, Trump's people will release news about Trade Deal to distract the market focus. #manipulation #fakenews
    just like in May... June... July... August...  September.... October....  November....
    Exactly. People are laughing at him. Nobody believes or wants to do deals with him.
    wheres your proof in that. japan the Brits us Mexico all seem to want a deal from him.
     Look at how the Trudeau and the people around him laughed at him. That's the reality. They had no choice or else the will sanction the country, just like he does to all other. Therefore countries are trying to get rid of the US dollar.
    big FAT lie
    China will wait him out. They don't like him at all. Been saying this for a year now, soon he will start blaming them for not accepting the deal.
    This is getting old, guys
    merry christmas folks
    So, what's the deal?
    yep, let's ignore literally every piece of data and listen to the monkey in a suit instead
    Trump is speculating it like anything
    lol
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