Inventories increase because of intensified trade negotiations between the United States and China


Shares rose slightly early trading Thursday as investors continue to monitor trade talks between the United States and China.

What is the performance of the main benchmarks?

The Dow Jones Industrial Average

DJIA, + 0.46%

up 82 points, or 0.3%, to 26,297, while the S & P 500 index

SPX, + 0.22%

increased by 5 points, or 0.2%, to 2,878. The Nasdaq Composite Index

COMP + 0.24%

was up about 10 points, or 0.1%, at 7,905.

What is the engine of the market?

Trade negotiations between the United States and China remain in the spotlight. Washington and Beijing's dispute resolution expectations have been cited as a driver of stock market gains since the end of last year. The Wall Street Journal announced that President Donald Trump could announce his intention to hold a summit with Chinese President Xi Jinping on Thursday during his meeting with the country's deputy prime minister.

In a tweet Thursday morning, Trump, while making another blow to the US Federal Reserve to raise rates last year, said the talks with China "were going well."

See: Trump still livid with Fed despite central bank dovish policy change

At the same time, there appear to be major obstacles to be overcome in the US desire to maintain some tariffs on Chinese products in order to ensure China's compliance with this agreement.

European stocks were generally weaker, although the German DAX

DAX, + 0.40%

was trying to emerge from the gloom, after data showed that the industrial slowdown in Germany accelerated in February, with orders for manufacturing products plunged 4.2% from the previous month. Economists polled by the Wall Street Journal forecast a rise of 0.5%.

Lily: Why is a slowdown in the EU posing a greater risk for the stock market than trading with China?

What stocks are under discussion?

Electric car manufacturer actions Tesla Inc.

TSLA, -8.74%

fell 10.1% early Thursday. The company announced that it delivered approximately 63,000 vehicles in the first quarter, which is significantly less than analysts expected.

See: Tesla investors day will focus on autopilot

Boeing Co.

BA, + 1.95%

the stocks would probably remain concentrated. Air accident investigators have questioned a flight control feature of a 737 MAX aircraft flown by Ethiopian Airlines that crashed in March, putting pressure on the aircraft builder for solve the problem.

Opinion: Three actions that could prove profitable for investors smart enough to ignore market "anomalies"

Actions of Office Depot Inc.

ODP -16.70%

down 16%, after the office supply retailer released its preliminary results for the first quarter.

Constellation Brands Inc.

STZ, + 1.93%

Shares rose 0.2% after Corona and Robert Mondavi, the wine distributor, surpassed Wall Street's expectations for the fourth quarter of its fiscal year.

Actions of Facebook Inc.

FB + 2.23%

rose 2.2% Thursday morning, after Guggenheim analyst Michael Morris raised his shares to neutral.

What do analysts and traders say?

"US-China trade talks are again in the spotlight this morning as the president is scheduled to meet the Chinese vice premier shortly after the close of the afternoon, and he just tweeted that negotiations "are progressing well," it was said. hear for months, "said Paul Hickey, co-founder of Bespoke Investment Group, in a note addressed Thursday morning to customers.

"EI claims have just been published and have been below expectations at their lowest level in 49 years … We've said it many times before, but the demands for compensation of the unemployed continue to surprise, "he added.

Which data and which stakeholders of the Fed are viewed?

New claims for unemployment benefits fell to 202,000 during the week ended March 30, the lowest level since 1969, the government said Thursday. Economists surveyed by MarketWatch expected the number of UI claims for the first time to increase from 216,000 to 216,000 the previous week.

The main event of the economic calendar will take place on Friday with the publication of the March employment report. Economists surveyed by MarketWatch predicted that the US economy would create 179,000 jobs last month, after a small increase of 20,000 nonfarm jobs in February.

Lily: Here's why investors may not be prepared for a second report on ugly jobs

New York Fed President John Williams told the local bankers conference in New York: "The economy is close to our double mandate goals, monetary policy is in the right place." He added that changes in long-term economic fundamentals, such as lower growth potential and projected inflation, mean that interest rates are likely to be lower longer than those observed in the 1990s. " .

Cleveland Fed President, Loretta Mester, will deliver a speech in Columbus, Ohio, at 1 pm Eastern Time, while Philadelphia Fed President Patrick Harker will speak monetary policy outlook from the Philadelphia Council for Business Economics.

How are other markets traded?

Asian markets had mixed trading on Thursday, Japan's Nikkei 225

NIK + 0.05%

0.1%, Hong Kong's Hang Seng Index

HSI, -0.17%

slipping 0.2% and China's composite index in Shanghai

SHCOMP, + 0.94%

up 1%.

In the commodity markets, the price of crude oil

CLK9, + 0.02%

was on the rise, while the price of gold

GCM9, -0.69%

was virtually unchanged. The US dollar

DXY, + 0.23%

during this time, slightly higher.

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