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A trade pop and reversal

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Large cap stocks were pushed to record highs at Thursday's open after the Chinese Commerce Ministry spokesmen remarked that the U.S. and China will cancel equal amounts of tariffs in the Phase One trade deal. The news was mostly priced in at the open and stocks stayed afloat in record high territory for most of the day. Prices faded late in the trading hours after the validity of these comments were questioned. There was a lack of confirmation from the Trump administration and a concern China was attempting to push the early deal in their favor. Nonetheless, the Dow and S&P 500 finished the day at record closing prices.

Daily TSP Funds Return

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