S&P 500's Rapid Exit From Correction Territory Hinged on Trump's Walk-backs of Tariffs and Fed Fight

MarketWatch19:39 ET

Google Parent Alphabet's First Quarter Earnings Beat Analysts' Estimates

Luzi Ann Santos16:05 ET

Think tank: Trump's tariffs have a greater impact on low-income people in the USA.

According to an analysis by the USA think tank Tax Policy Center, the tariff policy promoted by President Trump will effectively impose a tax-like burden on low-income families, which is more than three times greater than that on high-income families.

Zhitong Finance23:31 ET

Regarding interest rate cuts! Several Federal Reserve officials have spoken out, with possible action as early as June.

① On Thursday local time, Cleveland Fed President Loretta Mester ruled out the possibility of a Federal Reserve rate cut in May but hinted at a possible cut in June; ② On the same day, several Federal Reserve officials publicly discussed the matter of rate cuts. Federal Reserve Governor Christopher Waller also stated that he would support a Federal Reserve rate cut if there is a significant rise in the unemployment rate.

cls.cn21:39 ET

Wall Street Rallies As Big Tech Powers Gains, Tariff Optimism Lifts Sentiment

Business Today19:38 ET

U.S. stocks closed: The Federal Reserve wields the flag of interest rate cuts, and the S&P has risen for three consecutive days, approaching a key resistance level.

1. Federal Reserve officials discuss the outlook for a June interest rate cut, with the Nasdaq rising over 2% for three consecutive days; 2. Analyst: Pay attention to the key resistance level of 5,500 points for the S&P; 3. Switch 2 causes a global frenzy, impacting records in the Consumer Electronics market; 4. Apple's AI head loses power again, as a mysterious Siasun Robot&Automation team shifts under the Hardware supervisor.

cls.cn18:16 ET