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Nightly $SPY / $SPX Scenarios for May 16, 2025

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🔮 Nightly SPY / SPX Scenarios for May 16, 2025 🔮

🌍 Market-Moving News 🌍
📉 Jamie Dimon Warns of Possible Recession
JPMorgan Chase CEO Jamie Dimon cautioned that a U.S. recession remains a real possibility amid ongoing uncertainty from the Trump administration's tariff policies. Speaking at JPMorgan’s Global Markets Conference in Paris, Dimon stated that while he hopes a recession can be avoided, it should not be ruled out.

💵 Stablecoin Legislation May Bolster U.S. Dollar
U.S. policymakers are advancing legislation to regulate dollar-linked stablecoins, aiming to reinforce the strength and global status of the U.S. dollar. The proposed Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (GENIUS Act) seeks to regulate stablecoins and their issuers, potentially anchoring the dollar's influence in the global financial ecosystem.

🏠 The Great Property Sell Fest Begins in India
The Great Property Sell Fest, a first-of-its-kind property festival in the Indian real estate market, is scheduled to take place from May 16 to 18, 2025. The event will be hosted across key locations including Gurugram, Noida, and Panipat, offering a unique platform for homeowners looking to sell their properties at premium prices.

📊 Key Data Releases 📊
📅 Friday, May 16:

8:30 AM ET: U.S. Import and Export Price Indexes for April

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