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  • Huawei Technologies Co. Ltd news creates tailspin in semiconductor stocks

  • Price of crude oil rises on OPEC talk of lowering supply

  • Numerous retailers report earnings this week

May 20, 2019

The Bumpy Ride Continues

The equity market closed Friday, May 3 with the expectation that a trade agreement with China was on the near-term horizon. That expectation was dashed by midday Sunday, May 5, when the White House said that tariffs would go up on $200B of Chinese goods from 10% to 25%. It also threatened a 25% tariff on the remaining part of $325B.

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