Today: 21.09.2018
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20.09.2018
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20.09.2018

Trump’s tweets could be behind the Dow’s volatility.

What’s the value of Twitter? It’s not its market cap, it’s the number of points the Dow moves whenever President Trump tweets. This can explain the recent daily roller-coaster ride the markets have taken and the feeling of wear and tear — despite the market ultimately ending up nicely for the week. Ironically, until Friday...
Time: 21:13     Date: 14.04.2018
Last US Business News: Trump’s tweets could be behind the Dow’s volatility. NY Post 24 - US News

This can explain the recent daily roller-coaster ride the markets have taken and the feeling of wear and tear — despite the market ultimately ending up nicely for the week.

Ironically, until Friday morning, when bank earnings season started, all the moves had absolutely nothing to do with individual stock fundamentals.

Monday, traders cheered overnight as Chinese President Xi Jinping essentially blinked in the tariff stare-down and vowed to cut China’s tariffs under trade pressure from the administration.

The 440-point rise was short-circuited by the late-afternoon leak that the office, home and hotel of the president’s lawyer Michael Cohen had been raided by the feds. That shaved 400 points off the Dow.

As the smoke cleared Tuesday and tweets came out that the raid was allegedly Stormy Daniels-related, the Dow closed 210 points higher.

Wednesday, as if Twitter couldn’t get any more active, brought the Russians vowing to shoot down any US missiles headed to Syria.

In response to Russia’s taunt, Trump tweeted, “Russia vows to shoot down any and all missiles fired at Syria. Get ready Russia, because they will be coming, nice and new and ‘smart!’ ”

The markets didn’t exactly embrace the idea, but did show that there is sentiment on Wall Street that stands with the president on Syria, and the market finished down only 84 points.

On Thursday, after dialing back on Twitter, the president tweeted, “Never said when an attack on Syria would take place. Could be very soon or not so soon at all!”

The market took that to mean war wasn’t imminent, and relaxed a bit, climbing 180 points for the day.

Friday’s trading was based on so-so bank earnings, which was actually the market-moving news not supplied by Twitter for the week.

Business

Last US Business News: Elton John, Universal announce deal involving his husband. NY Post 24 - US News
Elton John, Universal announce deal involving his husband.
Elton John and Universal Music Group on Friday announced a recorded music and song publishing deal so encompassing that it...
Last US Business News: Feds probing whether drugmaker services are schemes to boost sales. NY Post 24 - US News
Feds probing whether drugmaker services are schemes to boost sales.
Federal investigators have kicked off a probe into whether certain services drugmakers offer to doctors and patients are...
Last US Business News: Investor swears bitcoin will ‘grind back’. NY Post 24 - US News
Investor swears bitcoin will ‘grind back’.
Mike Novogratz swears bitcoin is the real deal — despite the cryptocurrency losing nearly 70 percent of its value since...
Last US Business News: Wells Fargo to shed 10 percent of its workers by 2021. NY Post 24 - US News
Wells Fargo to shed 10 percent of its workers by 2021.
Wells Fargo said Thursday it will shed as much as 10 percent of its workforce by 2021 as the bank struggles with continued...

Opinion

Last US News - Opinion: This Supreme Court fight will only deepen our divisions. NY Post 24 - US News
This Supreme Court fight will only deepen our divisions.
Where is James Baker when we need him? The political maneuvering required to get Judge Brett Kavanaugh confirmed to the Supreme...
Last US News - Opinion: Trump’s Iran sanctions prove the establishment wrong — again. NY Post 24 - US News
Trump’s Iran sanctions prove the establishment wrong — again.
When President Trump withdrew the United States from the Iran nuclear deal back in May, the foreign-policy establishment...
Last US News - Opinion: Democrats have abandoned the presumption of innocence. NY Post 24 - US News
Democrats have abandoned the presumption of innocence.
Christine Blasey Ford deserves a hearing, although at the moment she doesn’t seem to want one. What she doesn’t deserve...
Last US News - Opinion: De Blasio’s Brooklyn schools plan is all about ideology. NY Post 24 - US News
De Blasio’s Brooklyn schools plan is all about ideology.
Schools Chancellor Richard Carranza vowed to “accelerate student learning in all kinds of ways, shapes or forms” at the...
Last US News - Opinion: Democrats will exploit Kavanaugh’s accuser all the way to Election Day. NY Post 24 - US News
Democrats will exploit Kavanaugh’s accuser all the way to Election Day.
Are Senate Democrats really interested in learning the truth about the high-school sex-assault accusation against Brett Kavanaugh?...

Living

US Living News: #WhyIDidntReport blows up on Twitter after Trump’s remark to Kavanaugh accuser. NY Post 24 - US News
#WhyIDidntReport blows up on Twitter after Trump’s remark to Kavanaugh accuser.
On Friday, President Trump questioned Christine Blasey Ford, the professor who accused Supreme Court nominee Brett Kavanaugh...
US Living News: Why the Spanish flu pandemic should terrify us 100 years later. NY Post 24 - US News
Why the Spanish flu pandemic should terrify us 100 years later.
A deadly flu pandemic like the Spanish flu could happen again, wiping out 400 million globally, leading flu experts have...
US Living News: Slate gets flak for story questioning Serena Williams’ marriage. NY Post 24 - US News
Slate gets flak for story questioning Serena Williams’ marriage.
Reddit co-founder Alexis Ohanian is known for lavishing his wife Serena Williams with over-the-top gifts then documenting...
US Living News: ‘Selfie awareness’ is making more people go under the knife. NY Post 24 - US News
‘Selfie awareness’ is making more people go under the knife.
In the age of social media, people are more image-conscious than ever before. From Snapchat filters and editing apps to the...
US Living News: Dormant thermal spring at Yellowstone National Park erupts. NY Post 24 - US News
Dormant thermal spring at Yellowstone National Park erupts.
BOZEMAN, Mont. — A thermal spring near Old Faithful in Yellowstone National Park has erupted for the fourth time in the...
US Living News: Diners will soon have to ask for a straw in California. NY Post 24 - US News
Diners will soon have to ask for a straw in California.
SACRAMENTO, Calif. — If you want a straw with your drink or a soda with a kids’ meal at a California restaurant, you’ll...
US Living News: This man has broken up 4,000 relationships and counting. NY Post 24 - US News
This man has broken up 4,000 relationships and counting.
“All I’m asking is, have you ever been in a situation like that in a relationship where you felt trapped like...
US Living News: Poultry plant investigated after workers fall sick with rare disease. NY Post 24 - US News
Poultry plant investigated after workers fall sick with rare disease.
Health officials are investigating a poultry plant in New Market, Virginia after 50 employees were recently sickened by Psittacosis,...

Business

Last US Business News: Elton John, Universal announce deal involving his husband. NY Post 24 - US News
Elton John, Universal announce deal involving his husband.
Elton John and Universal Music Group on Friday announced a recorded music and song publishing deal so encompassing that it...
Last US Business News: Feds probing whether drugmaker services are schemes to boost sales. NY Post 24 - US News
Feds probing whether drugmaker services are schemes to boost sales.
Federal investigators have kicked off a probe into whether certain services drugmakers offer to doctors and patients are...
Last US Business News: Investor swears bitcoin will ‘grind back’. NY Post 24 - US News
Investor swears bitcoin will ‘grind back’.
Mike Novogratz swears bitcoin is the real deal — despite the cryptocurrency losing nearly 70 percent of its value since...
Last US Business News: Wells Fargo to shed 10 percent of its workers by 2021. NY Post 24 - US News
Wells Fargo to shed 10 percent of its workers by 2021.
Wells Fargo said Thursday it will shed as much as 10 percent of its workforce by 2021 as the bank struggles with continued...
Last US Business News: Tesla’s Model 3 wins perfect 5-star rating from US safety watchdog. NY Post 24 - US News
Tesla’s Model 3 wins perfect 5-star rating from US safety watchdog.
Tesla’s Model 3 sedan has been awarded a five-star rating by the US auto safety agency NHTSA in tests that are standard...
Last US Business News: Jobless claims post surprise drop, hit lowest levels since 1969. NY Post 24 - US News
Jobless claims post surprise drop, hit lowest levels since 1969.
The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting near a 49-year low in a sign...
Last US Business News: Stocks hit record highs on relief over China tariffs. NY Post 24 - US News
Stocks hit record highs on relief over China tariffs.
The Dow Industrial Average on Thursday became the last of the benchmark indexes to regain record territory, boosted by gains...
Last US Business News: Larry Fink blitzed by war protesters at conference. NY Post 24 - US News
Larry Fink blitzed by war protesters at conference.
BlackRock’s Larry Fink got blitzed by war protesters at a conference in New York Thursday. Moments after the head of the...

Metro

Metro News: Dad indicted for tossing baby’s corpse into the East River. NY Post 24 - US News
Dad indicted for tossing baby’s corpse into the East River.
The father who tossed his infant son’s corpse into the East River was indicted, prosecutors announced Friday. James Currie’s...
Metro News: 911 callers describe bloodshed during NYC day care stabbing spree. NY Post 24 - US News
911 callers describe bloodshed during NYC day care stabbing spree.
Two terrified witnesses recounted the bloody mayhem inside an illegal Queens day care in 911 calls that described someone...
Metro News: MTA chairman has Twitter tantrum when faced with a transit nightmare himself. NY Post 24 - US News
MTA chairman has Twitter tantrum when faced with a transit nightmare himself.
MTA Chairman Joe Lhota never seems all that upset about disrupting the subway commutes of millions of New Yorkers, but threaten...
Metro News: Diversity plan mayhem: Arts school can’t audition applicants anymore. NY Post 24 - US News
Diversity plan mayhem: Arts school can’t audition applicants anymore.
Parents and even teachers at a Brooklyn performing arts school were shocked to learn Friday that the school can no longer...
Metro News: Panhandler stabbed man for refusing to give him a dollar: cops. NY Post 24 - US News
Panhandler stabbed man for refusing to give him a dollar: cops.
A panhandler allegedly stabbed a man in the neck for refusing to give him a dollar in Brooklyn Friday morning, witnesses...
Metro News: Dwarf group: Cuomo’s a bigot for calling foe a Trump ‘Mini Me’. NY Post 24 - US News
Dwarf group: Cuomo’s a bigot for calling foe a Trump ‘Mini Me’.
The leader of the nation’s largest advocacy group for dwarfs and short people is calling on Gov. Cuomo’s campaign to...
Metro News: MTA driver crashes bus into building in Brooklyn. NY Post 24 - US News
MTA driver crashes bus into building in Brooklyn.
An MTA bus crashed into a Brooklyn building Friday morning, authorities said. The B45 bus was making a right turn when it...
Metro News: DOE’s transportation chief fired after week from hell. NY Post 24 - US News
DOE’s transportation chief fired after week from hell.
The Department of Education’s transportation chief has been axed after an embarrassing slew of busing mishaps marred...

Sport

Last US Sport News: Cubs star put on leave after ex details scary abuse allegations. NY Post 24 - US News
Cubs star put on leave after ex details scary abuse allegations.
Cubs shortstop Addison Russell was placed on administrative leave by Major League Baseball on Friday after his ex-wife published...
Last US Sport News: Rangers fire manager with a week left in the season. NY Post 24 - US News
Rangers fire manager with a week left in the season.
The Rangers couldn’t even wait for the end of a dismal season to dump their manager. Jeff Banister was fired Friday,...
Last US Sport News: Baker Mayfield was Sam Darnold’s harsh reality check. NY Post 24 - US News
Baker Mayfield was Sam Darnold’s harsh reality check.
At least Sam Darnold knew this was coming. Maybe he didn’t know it would happen Thursday — heck, by rights, it wouldn’t...
Last US Sport News: Lakers hope this Lonzo Ball fix is enough. NY Post 24 - US News
Lakers hope this Lonzo Ball fix is enough.
Adding LeBron James was big, but the Lakers are hoping another of their marquee stars takes a giant leap forward in the coming...
Last US Sport News: Timberwolves power struggle could decide Jimmy Butler’s fate. NY Post 24 - US News
Timberwolves power struggle could decide Jimmy Butler’s fate.
The Jimmy Butler trade negotiations are non-existent at the moment. According to ESPN.com, the Timberwolves are telling interested...