In today's update:
1) Equity markets rebounded Monday on much lower-than-expected volume after President Trump said China wants to strike a deal. The Dow Jones Industrial Average gained 269.93 or 1.05%, the S&P 500 added 31.27 or 1.10% while the NASDAQ 100 closed higher by 101.97 or 1.32% and the Russell 2000 finished higher by 16.52 or 1.13%.
2) Crude Oil Futures dropped $0.40 or 0.74% while Gold Futures settled off their highs gaining just $1.00 or 0.06%. The Bond market was weaker today and the yield on the 10-Year Treasury Note settled at 1.537%.
3) After-market close, a verdict was issued in the landmark opioid case in Oklahoma. A federal judge ruled against Johnson & Johnson (JNJ) holding the drug drugmaker responsible for helping to fuel the opioid epidemic. The judge ordered JNJ to pay $572 million to the state, an amount far less than what was expected. Shares of JNJ are currently trading higher by $4.20 or 3.29% in the after-hours trading session.