{"id":112371,"date":"2019-10-09T21:12:50","date_gmt":"2019-10-09T21:12:50","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=112371"},"modified":"2019-10-09T22:13:24","modified_gmt":"2019-10-09T22:13:24","slug":"trade-hopes-lift-markets-before-negotiations-resume","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/trade-hopes-lift-markets-before-negotiations-resume\/","title":{"rendered":"Trade hopes lift markets before negotiations resume"},"content":{"rendered":"

Markets partially rebounded on Wednesday on reports that China<\/a> is seeking a partial resolution to the U.S. trade war. Volumes were light given the Yom Kippur holiday, but the S&P rose 0.77%, the Nasdaq jumped 1.02% and the Dow gained 0.63%. The day before, Trump blacklisted<\/a> 28 Chinese companies from doing business in the States, casting a\u00a0 shadow over trade. <\/p>\n

Late Wednesday, another report stated that China is tempering expectations<\/a> for progress in those talks. Since last week, markets have been bouncing like a basketball (not an NBA<\/a> one, if you’re in China), and this volatility is expected to continue. All eyes will be on Washington as trade negotiations resume on Thursday.<\/p>\n

The TSX also saw an uptick Wednesday with defensives like Dollarama<\/a> among the biggest gainers, up 2.51% to close at $47.75 as well as funeral home chain, Park Lawn<\/a> which climbed 2.38% to $27.13. Meanwhile, cannabis woes continue. Green Organic Dutchman<\/a> plunged 17.34% today as it scrambles to find financing to complete facilities in Ontario and Quebec, even though it carries no debt<\/a> and has $56.7 million cash on hand. Pot-mania of a year ago seems so distant.<\/p>\n

💲 Dollarama<\/a> +2.51%
\n💀 Park Lawn<\/a> + 2.38%
\n🌿 Green Organic Dutchman<\/a> -17.34%<\/p>\n","protected":false},"excerpt":{"rendered":"

Markets partially rebounded on Wednesday on reports that China is seeking a partial resolution to the U.S. trade war. Volumes were light given the Yom Kippur holiday, but the S&P rose 0.77%, the Nasdaq jumped 1.02% and the Dow gained […]<\/p>\n","protected":false},"author":12,"featured_media":345019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[204,126,270,70,271,220,218],"class_list":["post-112371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-cannabis","tag-china","tag-defensive-stocks","tag-investing","tag-nba","tag-trade-war","tag-trump"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/112371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=112371"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/112371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/345019"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=112371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=112371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=112371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}