U.S. equities are plowing higher again
U.S. equities are plowing higher again after Trump pulled back on the abyss in Syria, though Beijing is still accusing DC of being "insincere" on trade. After the dip in jobless claims and tame import prices, focus is shifting back on to corporate earnings with a rash of large financial firms due Friday after a solid profit reading from Blackrock as ambitious tax cut-led S&P 500 EPS targets are north of 18%. Trump also denied "fake news" plans to fire special counsel Mueller, though that doesn't preclude him from axing his boss Deputy AG Rosenstein. The Dow is 175-points higher, S&P gained 14-points and NASDAQ is up 39-points into the open. Europe is mostly firmer, paced by a 0.7% rally on the German DAX amid temporary Syria relief, though Asia was mainly lower, led by a 1% drop on China's CSI 300 as the trade war remained a hot one. Bed, Bath and Beyond slumped 15% after a miss, while Delta Air Lines gained after a revenue rise. VIX equity volatility is off another 4.3% to the 19.35 area, while the dollar index is 0.45% higher near 89.90 and gold eased to $1,341 from $1,353.