{"id":47789,"date":"2018-08-31T14:24:52","date_gmt":"2018-08-31T18:24:52","guid":{"rendered":"https:\/\/www.ino.com\/blog\/?p=47789"},"modified":"2018-09-04T14:58:14","modified_gmt":"2018-09-04T18:58:14","slug":"stocks-end-august-mixed-trade-concerns","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2018\/08\/stocks-end-august-mixed-trade-concerns\/","title":{"rendered":"Stocks End August Mixed on Trade Concerns"},"content":{"rendered":"

Hello traders everywhere. While August has been a strong month for stocks overall the stocks market is ending the month on a weak note with the exception of the NASDAQ, which continues to make gains on the back of Apple and Amazon which have kept Nasdaq slightly higher today. <\/p>\n

Despite Friday's declines, Wall Street is set to conclude a bullish month. The DOW and the S&P 500 remain on track for their best August since 2014; the NASDAQ was poised to clinch its best August since 2000. The indexes were up 2%, 3% and 5.5% for the month as we head into the closing bell.<\/p>\n

\"Trade<\/a> <\/p>\n

Early this week was a report that President Donald Trump was ready to impose tariffs on $200 billion more of Chinese goods as soon as a public comment period on the plan ends next week. The United States is also working to settle differences on a pact to modernize the North American Free Trade Agreement (NAFTA) by a Friday deadline.<\/p>\n

Canadian Foreign Minister Chrystia Freeland said, \"We're not there yet\" and added the country was looking for a good deal, not any deal, while Trump is reported to have said that any trade deal with Canada would be \"totally on our terms,\" according to the Toronto Star.<\/p>\n

Key Levels To Watch Next Week:<\/h2>\n

S&P 500 (CME:SP500)<\/a><\/strong>: 2,802.49
\nDow (INDEX:DJI)<\/a><\/strong>: 24,965.77
\nNASDAQ (NASDAQ:COMP)<\/a><\/strong>: 7,732.69
\nGold (NYMEX:GC.Z18.E)<\/a><\/strong>: 1,214.90
\nCrude Oil (NYMEX:CL.V18.E)<\/a><\/strong>: 68.37
\nU.S. Dollar (NYBOT:DX.U18.E)<\/a><\/strong>: 96.86
\nBitcoin (CME:BRTI)<\/a><\/strong>: 7,126.99<\/p>\n

Every Success,
\nJeremy Lutz
\nINO.com <\/a>and MarketClub.com <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hello traders everywhere. While August has been a strong month for stocks overall the stocks market is ending the month on a weak note with the exception of the NASDAQ, which continues to make gains on the back of Apple and Amazon which have kept Nasdaq slightly higher today. 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