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Trump: "Maybe We'll Have A Friendly Takeover Of Cuba"
Trump: "Maybe We'll Have A Friendly Takeover Of Cuba"
President Trump told reporters on Friday afternoon that the U.S. could pursue a "friendly takeover" of Cuba, a comment from the president that comes as his administration moves to secure the Western Hemisphere and intensifies pressure on the communist regime in Havana through a crude-oil blockade.
"The Cuban government is talking with us. They're in a big deal of trouble, as you know. They have no money, no anything right now, but they're talking with us, Trump told reporters on the...
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The S&P 500 closed Friday at 7,408.50, surrendering Thursday’s historic first close above 7,500 with a 1.24% decline. The semiconductor names that powered the rally became the source of Friday’s selling. Intel fell 5%, Micron 4%, AMD 3%, and Nvidia 4.4%. From a purely technical standpoint, Friday’s reversal was the first real distribution day in three weeks and the mean-reversion signal we have been flagging.
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