S&P 500 falls due to US car tariffs are aggressive to the neighbourhood countries such as Mexico and Canada which may cause the rise in trade tensions. PCE rose to 2.8% on year over year from January 2.7% and the core measure rose to 0.4% from January 0.3% gain.
S&P rose because New York Fed President mentioned that the future highly uncertain from the mixed data. Trump pushes for lowering fed reserve rates through social media which set pressure against fed. S&P may still continue to go slightly higher next week.
S&P moved lower from investors yesterday gains amid of recession fears and economic contraction due to trump economic policies. However, S&P may moved higher at the end of the day due to federal reserve held rates unchanged and lower jobless claims.
S&P edged lower on Tuesday as investors awaited the Federal Reserve's upcoming meeting, which will be closely watched for insights on the potential economic impact of ongoing tariff disputes.
The central bank's two-day policy meeting begins later in the day and will conclude on Wednesday, with markets widely expecting it to keep interest rates unchanged. I...
The S&P rose on Thursday after President Donald Trump announced plans for reciprocal tariffs but postponed their implementation. Investors also reacted to a new report indicating that inflation may be picking up again.
Despite Trump’s tariff announcement, markets remained steady. During a briefing, he emphasized the need for “fair and reciprocal” tariffs on all...
S&P 500 saw gains as investors appeared to grow accustomed to President Donald Trump’s latest tariff threats. Many on Wall Street now perceive these announcements as primarily a negotiation tactic.
However, concerns remain that the expanding list of tariff hikes could drive inflation higher, potentially delaying expected interest rate cuts. Investors will closely...
President Donald Trump said he would soon announce a plan on reciprocal tariffs on American imports.
The major averages flipped into red territory this morning after US consumer sentiment sank to a seven-month low in early February. Inflation expectations jumped amid concerns about Trump's tariff threats.
Americans now expect an inflation rate of 4.3% over the...
