Related: Treasury Yields Rise Amid U.S.-China Tariff Tennis Match

“I’m not at all surprised investors are taking the latest tariffs and the more muted response from China as a positive,” said Kate Warne, investment strategist at Edward Jones. She noted that trade news have been both a positive and negative catalyst for stocks this year. Hence, a more muted escalation to the trade conflict is seen as a net positive. “But I don’t think the worries about trade are completely over, especially if the U.S. tariffs on China increase to 25 percent.”

For more market updates, visit the ETFTrends.com.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.