We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Stock Market Roundup, Dec. 12: Oil Soars, Trump Clashes With China
Read MoreHide Full Article
It was a mixed day on the stock market as investors reacted to a new production cut agreement from several non-OPEC members that sent oil prices soaring, as well as statements from President-elect Trump that have caused diplomatic tensions between the U.S. and China.
Tech-focused investors were also surprised by the news that several of the sector’s top leaders are planning on meeting with the president-elect later this week.
President-elect Donald Trump has targeted the "One China" policy, and the Chinese government has responded with a strong diplomatic protest. Could the dissolution of U.S. and Chinese diplomacy cause severe economic consequences for the Asian powerhouse?
Oil prices soared above $54 a barrel for the first time in nearly a year and a half Monday morning as several non-OPEC nations, including Russia, agreed to join the cartel in cutting their production next month.
Stocks that Aren't in the News. Yet.
You are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. Many of these companies are almost unheard of by the general public and just starting to get noticed by Wall Street. They have been pinpointed by the Zacks system that nearly tripled the market from 1988 through 2015 with a stellar average gain of +26% per year. See these high-potential stocks free >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Stock Market Roundup, Dec. 12: Oil Soars, Trump Clashes With China
It was a mixed day on the stock market as investors reacted to a new production cut agreement from several non-OPEC members that sent oil prices soaring, as well as statements from President-elect Trump that have caused diplomatic tensions between the U.S. and China.
Tech-focused investors were also surprised by the news that several of the sector’s top leaders are planning on meeting with the president-elect later this week.
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: Ocean Rig UDW Inc. - +19.37%
Growth: On Track Innovations OTIV - +4.59%
Momentum: OTIV
VGM: ORIG
Income: TransMontaigne Partners - +2.64%
Major Indexes
DOW: 19,772.63 / +15.78 / +0.08%
NASDAQ: 5,407.76 / -36.74 / -0.68%
S&P 500: 2,255.79 / -3.74 / -0.17%
Top Headlines
Top Tech Leaders to Meet Trump: 4 Stocks in Focus
Technology leaders are set to meet President-elect Donald Trump in a summit to be held on Wednesday. Per The Wall Street Journal, the small selective group is expected to include top-executives from Apple (AAPL - Free Report) , Alphabet (GOOGL - Free Report) , Amazon (AMZN - Free Report) , Cisco (CSCO - Free Report) , Facebook , IBM (IBM - Free Report) , Intel (INTC - Free Report) , Microsoft (MSFT - Free Report) and Oracle (ORCL - Free Report) , along with Tesla Motor’s (TSLA - Free Report) ) Elon Musk.
Could Donald Trump Send Chinese Stocks Crashing?
President-elect Donald Trump has targeted the "One China" policy, and the Chinese government has responded with a strong diplomatic protest. Could the dissolution of U.S. and Chinese diplomacy cause severe economic consequences for the Asian powerhouse?
Here's Why Oil Prices Are Soaring Today
Oil prices soared above $54 a barrel for the first time in nearly a year and a half Monday morning as several non-OPEC nations, including Russia, agreed to join the cartel in cutting their production next month.
Stocks that Aren't in the News. Yet.
You are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. Many of these companies are almost unheard of by the general public and just starting to get noticed by Wall Street. They have been pinpointed by the Zacks system that nearly tripled the market from 1988 through 2015 with a stellar average gain of +26% per year. See these high-potential stocks free >>