Do markets care about the Mueller report? No.
Investors have already digested stories about a chaotic White House. They know the president lashes out on Twitter and there’s no secret about his style of governing. They know Washington is a mess.
Unless there is some bombshell that threatens his presidency and unless the Barr summary has dramatically underplayed the Mueller report concerns, the redacted Mueller report is a non-event.
Removing the uncertainty about the Russia probe could actually be a positive for stocks. Besides the report, it is earnings season as usual, with banks reporting this week and tech companies rolling out next week.
Tech stocks are on fire this year: Facebook (FB) is up more than 30%, Amazon (AMZN) is up 25% and Microsoft (MSFT) is up 20%.
The United States and China are still working toward a trade deal with new in-person talks scheduled, moving trade concerns to the back burner for now.
https://www.cnn.com/business/live-news/stock-market-news-today-041819/index.html
2019-04-18 12:56:00Z
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