Big Spike, now it's settling back down a bit, but I see no news.
https://www.citizenfreepress.com/breaking/breaking-trump-strikes-back/ this was easily the highlight of the day. They had the nerve to take military assets to Hawaii and Puerto /rico so the crap hit the fan today.....
That Steve Manuchin says trump administration says we will give in and roll back most if not all tariffs put on China. Hope he is correct it's never yo late yo reverse bad policy.
17-Jan-2019 02:53:20 PM
To view this story on Eikon, click here
WASHINGTON, Jan 17 (Reuters) - A U.S. Treasury spokesman said on Thursday that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer have not made any recommendations with respect to tariffs on Chinese goods after it was reported Mnuchin discussed lifting some or all of the tariffs imposed on Chinese imports.
"This is an ongoing process with the Chinese that is nowhere near completion," the spokesman said.
Mnuchin discussed offering a tariff rollback during trade discussions scheduled for Jan. 30, the Wall Street Journal reported on Thursday, citing people familiar with the internal deliberations.
My guess looking at the charts, the SnP crossed the 50 dma and additional buying came in