Futures on trade negotiations, oil prices and profits



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Equity futures climbed on Friday as the market was busy. Intel (INTC) and You're here (TSLA) grew at the start of the trade as financial results were generally positive and copper and oil prices jumped. Later in the day, President Donald Trump was to join the ongoing trade talks in Washington with China.




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S & P 500 and Dow Jones futures were up 0.4%. Nasdaq 100 futures also rose 0.4% above fair value.

Intel leads the Dow and Nasdaq 100, with more than two-thirds of the Dow's 30 listings ranking in pre-market trading. Oil equipment manufacturer based in the United Kingdom TechnipFMC (FTI) and Newmont Mining (NEM) topping the S & P 500.

Stocks on the verge of clarifying the results included Trade Office (TTD) and Acacia Communications (ACIA). Zillow (Z) Roku (ROKU) and Universal display (OLED) also soared on gains. Dow Jones Intel stock jumped on an analyst upgrade. Tesla shares benefited from news of model 3 shipments.

Mining issues were in motion. Kirkland Lakes (KL) is higher on the quarterly results. Newmont Mining surged, also on profits, and after reports indicated Barrick Gold (ABX) was considering a takeover.

Kraft Heinz (KHC) fell to the bottom of the S & P 500 and Nasdaq 100 indices, collapsed when analysts downgraded the stock after a weak quarterly report and the announcement of an accounting survey.

Trump ready to join trade negotiations

President Donald Trump is scheduled to meet with Chinese Vice Premier Liu He in Washington on Friday afternoon. Both aim to conclude a sort of preliminary trade deal, according to Bloomberg. Thursday's reports indicated that negotiators were working on memoranda of understanding covering non-tariff barriers, services, technology transfer and intellectual property, and that would provide the basis for a preliminary agreement. Customs tariffs on imports made in China, valued at $ 200 billion a year, are expected to increase from 10% to 25% as of March 2nd.

President Trump and Deputy Prime Minister Liu had to go at 2.30 pm AND.

Dow Jones Stocks: Intel Upgrades, Forms Base

Intel quickly took a lead over the Dow, up 2.9%, after Morgan Stanley improved its rating on the stock, from equal weight to the overweight. The rating also brought the chip maker's price target from 55 to 64. It was 24% higher than Thursday's closing price.

Intel's shares finished Thursday up 21% from their lowest level reached late October, above the main technical support and above the middle of the left of the basic scheme of action, long eight months. The stock was 12% lower than the potential purchase point of the base at 57.70.

Growth Stocks: Commercial Office, Kirkland Lakes

Growth stocks were in good shape on Friday morning, registering a 13% rise for the Trade Desk, while Acacia and Kirkland Lakes posted gains in excess of 2%.

It was a volatile week for Trade Desk, which exceeded a point of purchase of 157.60 purchase points initially cleared Tuesday. The stock fell below this value on Wednesday, down 7.6%, leaving some room for maneuver investors who expect a limit of 8% on the rule of automatic sale.

The stock appeared ready to pick up the point of purchase at the opening on Friday, following a good fourth quarter report late Thursday. Keep in mind that not all premarketing moves are taken back into regular trade.

Kirkland Lakes finished Thursday with a 7.8% gain, after raising its outlook for gold production over three years. Equities rallied again after Thursday's close, as the miner announced a 68% increase in earnings and a 32% increase in fourth-quarter earnings. Both figures exceeded expectations.

The title finished up 38% since the beginning of the year and lasted after a break in December.

Does Dow Jones, Nasdaq, Russell 2000 Stretch To 9?

The Nasdaq composite and the Russell 2000 each ended the eight-day rallies on Thursday. The question now: Will the Dow Jones industrialists and the Nasdaq recover enough ground to continue their weekly winning streak?

Dow Jones industrial stocks were down 0.1% for the week until Wednesday. The benchmark is at the top of an eight-week lead, its longest consecutive increase since 2013. If it can bring this percentage to nine, it would mark the longest run of the week. weekly index advances since a 10-week hike in March-May 1995.

The Nasdaq composite finished Thursday down 0.2% for the week. If he manages to turn the tide and record a ninth consecutive leap in a row, he will record his longest run of weekly earnings since his rebound after the market trough in March-May 2009.

The Russell Small Cap Indicator 2000 showed a 0.4% gain for the week until Thursday. He is heading to his ninth weekly gain. The Nasdaq and the Russell 2000 are both fighting resistance to their 200-day moving average. None of the two indices has posted weekly close above this technical barrier since October.

For a more detailed analysis of the stock market and its current uptrend, study the IBD overall chart.

Tesla delivers the first 3 models in China

Tesla has gained more than 1%. The company said it had begun delivering its Model 3 sedans in China, in anticipation of a possible rate hike in early March. The owners took position of the first Model 3 imports at a ceremony in Beijing on Friday. Tesla is currently building a plant in China, which is expected to start production by the end of the year.

Tesla shares have been falling since early December. The stock fell below its 10- and 40-week converging moving averages, finishing Thursday's 23% below its December peak.

Copper, rising oil prices; Stable gold

Oil prices rose to a second consecutive weekly gain, helped by optimism about the progress of US-China trade negotiations. West Texas Intermediate jumped 1.3% early Friday, with the goal of ending the week above $ 57 a barrel for the first time since November. The benchmark index of European Brent rose 0.7% to trade above 67 USD. The WTI awards could see an impact of Baker Hughes (BHGE) weekly report of the number of rigs, expected at 1 pm. AND.

Copper jumped 1.4% to nearly $ 2.94 per pound, up 11% from the low of January 4th and its highest level since June. Gold remained steady on Friday morning, around $ 1,325 an ounce, after falling nearly 2% on Thursday.

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