Trade-War Fears Ease
Stocks are up, and Treasuries are lower as the attention of the market may have turned from an impending trade war with China to the upcoming earnings season. ES futures are up for a fourth day in a row, the longest positive streak since early June. Euro stocks are also up, as gains were seen in energy companies while oil held around $74 a barrel. The dollar is also higher, and the euro is lower as some confidence in the greenbacks may have come back into the market.
Investors may be ready to focus on earnings season & economic data, instead of trade war headlines that may never come to fruition.