Martin Baccardax

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Recent Articles By The Author

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Global stocks turned red Wednesday, setting up a session of weakness on Wall Street, following comments from President Donald Trump that cast doubt on a planned summit with North Korea.

Ford, GM Gain as China Slashes Auto Import Tariffs

Ford, GM Gain as China Slashes Auto Import Tariffs

China will halve the tariff it applies to imported automobiles and parts into the world's biggest car market in the first major trade victory for U.S. President Donald Trump.

U.S. Crude Oil Hits Fresh 3-Year Highs as Gasoline Heads to $3 a Gallon

U.S. Crude Oil Hits Fresh 3-Year Highs as Gasoline Heads to $3 a Gallon

Global oil prices pushed higher Tuesday, sending U.S. crude to fresh three-and-a-half year highs, as a softer U.S. dollar and the threat of sanctions on Iran and Venezuela continued to boost bets on further supply restrictions.

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron is set for a notable opening bell gain Tuesday after the flash memory chipmaker revealed plans for a $10 billion share buyback after Street-topping Q3 earnings forecasts.

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Global stocks extend gains Tuesday as investors reacted to a notable move on tariffs from China even as they returned their attention to a surging U.S. dollar and sky-high oil prices by extending bets on faster inflation in the world's biggest economy.

Global Stocks Ease as Investors Focus on Dollar, Oil, Italy After US-China Truce

Global Stocks Ease as Investors Focus on Dollar, Oil, Italy After US-China Truce

Global stocks eased from their Monday rally as investors returned their attention to a surging U.S. dollar and sky-high oil prices by extending bets on faster inflation in the world's biggest economy.

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE confirmed Monday that it's merging its transportation business with Wabtec in an $11.1 billion tie-up that's also the biggest deal to day for first year CEO John Flannery.

Apple Shares Gain as U.S. and China Call Off Trade War, For Now

Apple Shares Gain as U.S. and China Call Off Trade War, For Now

Apple shares rise firmly on Monday as investors react to a thawing of trade tensions between the U.S. and China.

Treasury Secretary Mnuchin: 'Take the Over' on U.S. GDP Topping 3% This Year

Treasury Secretary Mnuchin: 'Take the Over' on U.S. GDP Topping 3% This Year

Treasury Secretary Steve Mnuchin said Monday that he would "take the over" on bets that the U.S. economy would growth by 3% in 2018 and said he "wouldn't be surprised" to see stocks higher by the end of the year.

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

Global stocks rallied across the board Monday as investors cheered reports that talks between the U.S. and China appeared to have averted a damaging trade war between the world's two biggest economies.