Stocks have rallied since China trade war officially began as investors bet it won't escalate further [CNBC]
Prudential Financial, Inc. (PRU)
Last prudential financial, inc. earnings: 2/4 04:18 pm
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Source: CNBC
One of the stock market’s worst fears has been a trade war, yet U.S. large cap stocks have tagged on nearly 3 percent in the five sessions just before and after Friday’s trade actions, where the U.S. and China each slapped tariffs on $34 billion in each other’s goods. “I think there’s still this belief that there will be some resolution to this at the end of the day,” said Peter Boockvar, chief investment officer at Bleakley Financial Group. “I think people are hopeful both sides are throwing tariffs out there, but it won’t escalate further and that the dollar amounts aren’t huge.” Markets have been watching the simmering trade war between the U.S. and China, which heated up in March when President Donald Trump announced he would put tariffs on $50 billion in Chinese goods, and stocks have traded in a choppy range since then. The tariffs that went into place Friday are the first step toward that $50 billion, with the rest expected in August. But the question is whether the
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PRU
Earnings
- 2/6/24 - Miss
PRU
Sec Filings
- 4/16/24 - Form 8-K
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- PRU's page on the SEC website