Noisy Trade War News Adds Volatility To S&P 500 In Week 1 Of April 2018

INX) bounced off an intraday low of 2,553.80 on Monday, 2 April 2018 before going on to rise as high as an intraday high of 2,672.08 on Thursday, 5 April 2018 – a swing of 4.4% from low of the week to high of the week – before dropping 85.8 points on Friday, 6 April 2018 to hit an intraday low of 2,586.27 before rebounding a bit to close the week at 2,604.47.

Which is to say that there was quite a lot of noise in the U.S. stock market during the week that was, but not so much as to deviate from generally following our dividend futures-based model's projected trajectory associated with investors being largely focused on the distant future quarter of 2019-Q1 in setting today's stock prices.

Here are the headlines that caught our attention as being noteworthy for their market-moving potential, where the noise being generated by the developing trade war between the U.S. and China would appear to be a leading contributor to the elevated level of volatility in the U.S. stock market.

Monday, 2 April 2018

  • Oil falls 2 percent on Russia output rise, potential Saudi price cut
  • China hits U.S. goods with tariffs as ‘sparks' of trade war fly
  • Trump to unveil China tariff list this week, targeting tech goods
  • Wall Street tumbles on tech sector, trade war worries
    • Amazon shares fall 6 percent as Trump renews attack
    • Tesla shares fall on worries about Model 3 production rate
    • Intel shares see biggest drop in 2 years after report Apple will ditch Mac chips
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