U.S. Daily Market Review 26.08.19

the usd in the markets

Wall Street is into recovery after U.S. President Donald Trump sought to ease trade tensions with China.

Shares of Apple Inc rallied 2%, adding to the technology sector. Also, there is an incline of 1.9% in shares of Boeing Co.U.S.

Treasury yields retreated this morning after investors seek refuge following a turbulent weekend in the U.S.-China trade war. At around 4:50 a.m. ET, the yield on the benchmark 10-year.

Treasury note, lost 1.449%, while the yield on the 30-year Treasury bond fell to 1.942%.

New orders for key U.S.-made capital goods advanced last month, while shipments fell by the most in nearly three years.

The state of Colorado has become the 11th state to follow California’s zero-emission-vehicle mandate forcing automakers to sell more electric cars in the state.

The new rule was approved by Colorado’s air-quality commission by a vote of 8 to 1 on Aug. 23. Under it, at least 5% of an automaker’s new cars need to be electric vehicles, or EVs, by 2023 and more than 6% by 2025.

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