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Stock Market Roundup, March 5: Trade Talks Heat Up
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Stocks quickly rebounded after opening lower on Monday, indicating that investors were willing to shrug off the concerns that gripped markets for most of last week. Still, the bulk of the conversation to start the new week seems focused on President Trump’s ongoing tariff proposals and the resulting fear of a possible trade war.
Shares of Amazon surged more than 1.2% in late-morning trading Monday after new reports linked the company to the financial industry.
Want more market analysis from this author? Make sure to follow @Ryan_McQueeneyon Twitter!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Stock Market Roundup, March 5: Trade Talks Heat Up
Stocks quickly rebounded after opening lower on Monday, indicating that investors were willing to shrug off the concerns that gripped markets for most of last week. Still, the bulk of the conversation to start the new week seems focused on President Trump’s ongoing tariff proposals and the resulting fear of a possible trade war.
Zacks Rank #1 (Strong Buy) Top Movers
Value: Interserve PLC - +6.3%
Growth: ISVJY
Momentum: CF Industries (CF - Free Report) - +6.4%
VGM: ISVJY
Income: Rocky Brands (RCKY - Free Report) - +9.3%
Major Indexes
Dow: 24,881.75 / +343.69 / +1.4%
Nasdaq: 7,330.70 / +72.85 / +1.0%
S&P 500: 2,720.94 / +29.69 / +1.1%
Top Headlines
Will the Tariff Tantrum Kill the Rally... or Even the Economy?
Zacks strategist Kevin Cook dives into the latest drama surrounding President Trump’s plans to impose new tariffs on steel and aluminum.
3 U.S. Steel Stocks to Buy On Trump Tariff
A look at the U.S-based steel companies that could stand to benefit if the White House’s tariffs do become a reality.
Amazon Gains As Company Eyes Bank Deals, Checking Accounts
Shares of Amazon surged more than 1.2% in late-morning trading Monday after new reports linked the company to the financial industry.
Want more market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>