U.S. stocks closed | The Dow and S&P saw slight declines, Tesla rose nearly 5%; a frenzy for blue-chip stocks, Lyft surged over 28%.
Cryptos are rising again, with Bitcoin's Market Cap reaching the fifth place globally, and Ethereum's 24-hour increase at one point reaching 29%. Gold ends its two-day decline, while crude oil rises nearly 2.6% during the session.
Catalyst Watch: China Trade Talks, Walmart Earnings, and Take-Two on the GTA Hot Seat
Game Developers: Seeking Alpha Analysts Vs Wall Street
Yuyuantan Tian: Why has China agreed to engage with the U.S. at this time? This is based on three considerations.
On the morning of May 7, the Ministry of Foreign Affairs announced that from May 9 to 12, the Chinese side would visit the Swiss Franc, during which talks will be held with the U.S. side.
Express News | Trump: Imposing an 80% tariff on China seems reasonable.
GRAVITY Co Q1 EPS $2.15, Sales $93.23M Up From $88.92M YoY