๐ฎ Nightly
SPY /
SPX Scenarios for May 7, 2025 ๐ฎ
๐ Market-Moving News ๐
๐๏ธ Fed Decision Day Amid Tariff Pressures
The Federal Reserve concludes its two-day meeting today, with expectations to maintain the benchmark interest rate at 4.25%-4.5%. Despite President Trump's calls for rate cuts, the Fed remains cautious due to inflationary risks from new tariffs and migration policies.
๐ U.S.-China Trade Talks Resume
U.S. stock futures rose overnight on news of upcoming high-level trade talks between the U.S. and China, marking the first discussions since the imposition of 145% tariffs on Chinese goods. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with senior Chinese officials later this week.
๐ข๏ธ Oil Prices Rebound on Demand Hopes
Oil prices climbed as U.S. production declined and demand in Europe and China showed signs of recovery. Brent crude rose 0.6% to $62.52 per barrel, while U.S. West Texas Intermediate increased 0.74% to $59.53 per barrel.
๐ผ Key Earnings Reports Ahead
Several major companies, including Uber (
UBER), Disney (
DIS), and Novo Nordisk (
NVO), are scheduled to report earnings today. Investors will be watching these reports for insights into corporate performance amid ongoing economic uncertainties.
๐ Key Data Releases ๐
๐ Wednesday, May 7:
2:00 PM ET: Federal Open Market Committee (FOMC) Meeting Announcement
2:30 PM ET: Fed Chair Jerome Powell Press Conference
3:00 PM ET: Consumer Credit Report (March)
โ ๏ธ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
๐ Market-Moving News ๐
๐๏ธ Fed Decision Day Amid Tariff Pressures
The Federal Reserve concludes its two-day meeting today, with expectations to maintain the benchmark interest rate at 4.25%-4.5%. Despite President Trump's calls for rate cuts, the Fed remains cautious due to inflationary risks from new tariffs and migration policies.
๐ U.S.-China Trade Talks Resume
U.S. stock futures rose overnight on news of upcoming high-level trade talks between the U.S. and China, marking the first discussions since the imposition of 145% tariffs on Chinese goods. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with senior Chinese officials later this week.
๐ข๏ธ Oil Prices Rebound on Demand Hopes
Oil prices climbed as U.S. production declined and demand in Europe and China showed signs of recovery. Brent crude rose 0.6% to $62.52 per barrel, while U.S. West Texas Intermediate increased 0.74% to $59.53 per barrel.
๐ผ Key Earnings Reports Ahead
Several major companies, including Uber (
๐ Key Data Releases ๐
๐ Wednesday, May 7:
2:00 PM ET: Federal Open Market Committee (FOMC) Meeting Announcement
2:30 PM ET: Fed Chair Jerome Powell Press Conference
3:00 PM ET: Consumer Credit Report (March)
โ ๏ธ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
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Disclaimer
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.