A renewed round of tariffs against China by president Trump dented bullish sentiment, but nothing appears able to stop the S&P which is just 14 points from making a new all time high, a goal it will likely achieve today.
It was supposed to be a typical subdued session to start the week, however there was already much excitement as a furious buying program push Europe into the green just before 6am EDT which also sent US index futures into the green
Geologists have found anomalies under the Cascadia fault line off the West coast of the United States. Scientists say pieces of mantel have been discovered “rising up” from underneath the underwater fault line.
"Europe’s right to make its own decisions is at stake as the ongoing battle over Nord Stream 2 heats up. The choice is between a strong and independent Europe that is able to defend its own interests and independence or a puppet on a string dancing to Washington’s tune."
"Nordstream, along with Turkish Stream and potentially a revived Southstream into Bulgaria represent an existential threat to U.S. control over European politics and its economy. So, it’s no wonder why the U.S. is taking such a hard-line approach to Nordstream 2."
"Trump’s strategy seems to be to force us to buy their more expensive gas, but as long as LNG is not competitive, Europe will not agree to some sort of racket and pay extortionate prices," an EU official said.