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Senate Democratic Leader Schumer On Trump Federal Spending Freeze, Says, "It Is Dangerous And Illegal"
Major Indexes Are Higher Amid a Rebound in Tech Stocks, Which Fell Monday on AI Competition Concerns From China. Additionally, Boeing Stock Rose Following Q4 Earnings.
Texas Services Sector Outlook For January 7.4 Vs 10.8 Prior
Dallas Fed Services Revenues For January 5.7 Vs 13.9 Prior
Benzinga Market Summary: Tech Stocks Rebound Following Monday's Selloff, GM Warns Of Policy Uncertainty, Trump Admin Suggests Plans For Further Tariffs
Not just technology stocks! Deutsche Bank: DeepSeek will impact the Federal Reserve, the USA economy, and will be Bearish for the dollar in the long term.
Deutsche Bank believes that in the long run, DeepSeek technology is expected to drive Global economic growth while suppressing inflation, positively impacting Bonds and the stock market. However, if this technology becomes more globally widespread, weakening the USA's unique advantages in the technology sector, the dollar may face downward pressure. In the short to medium term, this technology is expected to trigger a series of policy adjustments from the Trump administration, such as fiscal easing.