“Another Day, Another Gain” – Vista Partners Daily Recap 1/17/2019
US stocks saw gains again on Thursday as stocks spiked after news that the US may be easing tariffs. The S&P 500 was up 0.76% (19.86 points) while the Nasdaq rose 0.71% (49.77 points) by the time trade ended. The Dow closed out the session up 0.67% (162.94 points), after spending some time in the red earlier in the day. Individual components of the Dow mostly saw gains once again today. Home Depot (HD) was a notable exception as it had losses of 1.23%. Dow Dupont (DWDP) led the index in gains today with an increase of 2.96% and Caterpillar (CAT) also did well as it rose 2.19%. Atossa Genetics (ATOS) ended the day in the red as it was off just 0.79%. A Wall Street Journal article that detailed possible plans by US officials to ease Chinese tariffs gave investors something to rally behind today. More positive news from the trade war front came in the form of confirmation by the Chinese government that Vice Premier Liu He does plan to make a trip to the United States later this month for more negotiations – confirming what had already been reported. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Sign Up to receive FREE email updates here!