Stocks rallied today, resuming the gaining path.
The Dow Jones Industrial Average soared 56 points or 0.2%.
Treasury yields just inclined today as most investors are focused on the signing of a so-called “phase one” trade deal between the U.S. and China later this week. The yield on the benchmark 10-year Treasury note, surged 2 points to 1.84%, while the yield on the 30-year Treasury bond was also higher at around 2.31%.
Tesla Inc. Stock per share jumped $500 for the first time.
The U.S. Department of Labor yesterday reported a rule that will make it more difficult to prove companies are liable for wage law violations.
The plane company is into a hard position and has ordered a full-scale halt in production of the 737 MAX, which represents a huge cost in billions of USD.
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