Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Midday Update: Stocks Return Gains on Reports of Chinese Troop Deployments on N. Korea Border
www.nasdaq.com ^ | April 10, 2017, 01:07:28 PM EDT | Staff

Posted on 04/10/2017 10:46:09 AM PDT by Red Badger

The benchmark averages have surrendered earlier gains on news that China has deployed 150,000 troops to the North Korean border, and the U.S. is considering further sanctions against Russia. The reports caused the S&P 500 to falter at trendline resistance at 2,370 and the Dow Jones Industrial Average to fall back to support at the 50-day moving average.

Stocks were cautiously higher before Monday's open amid geopolitical pressures and jitters ahead of Q1 earnings from the country's largest banks. As the morning progressed, the averages gained altitude before running into a wall of resistance that was exacerbated by reports of troop deployments on the Chinese border with North Korea by a Korean news agency.

Among the eleven S&P 500 sectors, financials were taking the brunt of selling pressure, followed by losses in technology and telecommunication sectors. Energy shares continued to outperform with oil futures buoyed by concerns tied to the Middle East, and supply reductions from Libya.

(Excerpt) Read more at nasdaq.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; Japan
KEYWORDS:
Navigation: use the links below to view more comments.
first 1-2021-26 next last

1 posted on 04/10/2017 10:46:09 AM PDT by Red Badger
[ Post Reply | Private Reply | View Replies]

To: Red Badger

Trump may just have solved the NK situation and have all the pieces to solve the ME situation. Just Iran is left.


2 posted on 04/10/2017 10:48:10 AM PDT by sagar
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

... no longer necessary ... our favorite Nork has had a change of attitude ... so sorry!

3 posted on 04/10/2017 10:49:13 AM PDT by Zakeet (I haven't seen Democrats this pissed off since the Republicans forced them to free their slaves)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sagar

After the assassination of the porkly one’s brother, China moved a 1000 troops to the border, in February.

They may be getting fed up with the little prick..................


4 posted on 04/10/2017 10:49:38 AM PDT by Red Badger (Ending a sentence with a preposition is nothing to be afraid of........)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Red Badger

Perhaps the deal is going to be put into place.

China cooperates to get rid of Kim, and the US promises to pull out of Korea once that’s done.

Then the reunified Korea probably gets pulled into China’s Sphere of Influence. But at least they were be rid of the Norks.


5 posted on 04/10/2017 10:51:49 AM PDT by dfwgator
[ Post Reply | Private Reply | To 4 | View Replies]

To: Red Badger

When sh#t goes down, China does not want NK refugees (as somebody called them cannibal zombies) streaming into China. China will mow down the refugees.


6 posted on 04/10/2017 10:52:03 AM PDT by sagar
[ Post Reply | Private Reply | To 4 | View Replies]

To: Red Badger
It's about trade. But China can do without them.

Even so, it's the North Koreans who suffer. They eat dirt...except for the military.

7 posted on 04/10/2017 10:52:58 AM PDT by Sacajaweau
[ Post Reply | Private Reply | To 4 | View Replies]

To: dfwgator

“reunified Korea probably gets pulled into China’s Sphere of Influence.”

That would be bad, very bad. But I don’t think it is likely.

Trump is hopefully negotiating from the position of strength (do this or face consequences) rather than making China happy by un-doing the Korean War.


8 posted on 04/10/2017 10:53:23 AM PDT by sagar
[ Post Reply | Private Reply | To 5 | View Replies]

To: sagar
How is China invading NK and taking control of NK gov't a solution to the NK problem?

This STINKS.

9 posted on 04/10/2017 10:54:27 AM PDT by CivilWarBrewing (Feminism DESTROYED females)
[ Post Reply | Private Reply | To 2 | View Replies]

To: sagar

Maybe not so much under China’s sphere of influence, as just being more neutral without the US troop presence.

After all, how much is our presence in South Korea costing us today? If the threat from the North goes away, how do we justify that cost?


10 posted on 04/10/2017 10:54:48 AM PDT by dfwgator
[ Post Reply | Private Reply | To 8 | View Replies]

To: CivilWarBrewing

At least the Chinese are somewhat rational, unlike the Nork regime.


11 posted on 04/10/2017 10:56:38 AM PDT by dfwgator
[ Post Reply | Private Reply | To 9 | View Replies]

To: dfwgator

“After all, how much is our presence in South Korea costing us today?”

Cost in relation to not having a presence to counter NK and China? Probably it would cost more if US had no Korean presence and China starts taking over South Korea or Japan.


12 posted on 04/10/2017 11:00:05 AM PDT by sagar
[ Post Reply | Private Reply | To 10 | View Replies]

To: CivilWarBrewing

I think the best possible solution is to divvy up the North into four zones, like we did Germany: China, Russia, the US and South Korea each get a sector.

Reunification really won’t be feasible for a generation because of the brainwashing and inability for the North Koreans to integrate with the South.


13 posted on 04/10/2017 11:00:05 AM PDT by dfwgator
[ Post Reply | Private Reply | To 9 | View Replies]

To: Red Badger

A war between the PRC and the Norks should, at least, be good for popcorn sales.


14 posted on 04/10/2017 11:00:27 AM PDT by thorvaldr
[ Post Reply | Private Reply | To 1 | View Replies]

To: sagar

But if NK is out of the picture, then that changes everything.


15 posted on 04/10/2017 11:00:51 AM PDT by dfwgator
[ Post Reply | Private Reply | To 12 | View Replies]

To: dfwgator

China and South Korea are really close. Many Chinese bigwigs send their kids to school in Seoul.


16 posted on 04/10/2017 11:01:20 AM PDT by AppyPappy (Don't mistake your dorm political discussions with the desires of the nation)
[ Post Reply | Private Reply | To 13 | View Replies]

To: AppyPappy

Also, KDramas are very popular in China, Korean actresses are actually more popular than Chinese actresses.

This fact hasn’t gone unnoticed by the Chinese authorities, who are now trying to crackdown on the influx of Korean entertainment in China.


17 posted on 04/10/2017 11:03:25 AM PDT by dfwgator
[ Post Reply | Private Reply | To 16 | View Replies]

To: dfwgator

The negotiation baseline should be that NK is the Chinese problem and they need to take care of it. Expecting the US to give them the Koreas for free is not an option.


18 posted on 04/10/2017 11:04:55 AM PDT by sagar
[ Post Reply | Private Reply | To 15 | View Replies]

To: dfwgator

They would be infinitely better off as a Chinese province.................


19 posted on 04/10/2017 11:05:03 AM PDT by Red Badger (Ending a sentence with a preposition is nothing to be afraid of........)
[ Post Reply | Private Reply | To 5 | View Replies]

To: dfwgator
Or, the U.S. could yield to China in taking over NK in exchange for complete retreat from their man-made 'island military base' in the Asian pacific..

Still stinks though. Any serious Chinese presence in NK would result in a slow takeover of the South as well, IMO.

20 posted on 04/10/2017 11:05:15 AM PDT by CivilWarBrewing (Feminism DESTROYED females)
[ Post Reply | Private Reply | To 13 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-26 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson