No Data
No Data
US stock market morning | Is the USA economy not nearing a recession? ISM non-manufacturing PMI data exceeded expectations; Tesla fell over 4%, facing setbacks in April sales in Europe; Skechers USA surged 25%, acquired by 3G Capital.
The uncertainty of Trump's tariff policy puts pressure on the U.S. stock market, as he unexpectedly announced punitive tariffs on films shot overseas and ruled out the possibility of high-level talks that the market had anticipated.
U.S. stock market outlook | The trade war reaches the cinema! Streaming service stocks fall in pre-market trading, with Netflix down nearly 6%; spot gold returns above $3,300, and Golden Industrial Concept stocks rise broadly in pre-market trading, with G
Ideal, Xiaomi, NIO, and XPeng have changed their terminology, calling 'smart driving' as assisted driving; BP PLC is up nearly 3% in pre-market trading, amid reports that Shell is exploring the possibility of acquiring BP PLC.
Historically, "Sell in May and go away": why is Wall Street not buying this year?
There is a seasonal investment proverb that investors are keen to discuss: "Sell in May and go away." However, in the current market environment dominated by policy news headlines, many strategists indicate that this year's market situation does not adhere to the usual patterns. Due to the ongoing economic uncertainty, weak technical indicators, and the influence of geopolitical factors such as trade negotiations, few believe there is sufficient reason to opt for a wait-and-see approach—at least not solely because it is May. "The market conditions we are experiencing this year are different," said Larry Tentare, Chief Technical Strategist of the Blue Chip Daily Trend Report.
Reuters Reported US Rep Bill Foster (D-IL) Plans Bill To Track AI Chips After Sale To Curb Smuggling Of NVIDIA And Other AI Hardware Into China
The difficulty is extreme! The Federal Reserve is caught between inflation and recession; how will Powell "walk the Steel wire" this week?
Analyze data, clarify the Federal Reserve's priorities, reassure the market, avoid a 'hard showdown' with Trump, and so on; Powell has a lot to do at the press conference...
It's not scary if there is no interest rate cut this week; what is most frightening is if Powell stops even drawing the pie chart.
Trump is howling, the market is anxious, but what really scares Wall Street about Powell is not the "no interest rate cut", but the next bombshell he might hint at...