S&P 500's Rapid Exit From Correction Territory Hinged on Trump's Walk-backs of Tariffs and Fed Fight
Google Parent Alphabet's First Quarter Earnings Beat Analysts' Estimates
Is the Bottom In? S&P 500 Makes Quick Exit From Correction Territory
Tesla welcomes a major policy package: the USA plans to relax regulations on autonomous driving.
On April 25, reports stated that the USA government will relax regulations on autonomous driving, reducing the originally cumbersome accident reporting process, allowing non-commercial test vehicles to skip certain compliance procedures. This move is seen as the USA's largest deregulation regarding autonomous driving, directly addressing the core demand for Tesla, and giving the green light for Musk's plan to launch the Cybercab autonomous taxi fleet in Texas this June.
Express News | Chinese MFA reiterates that China and the U.S. have not held any consultations or negotiations on tariffs.
Did Trump's "surrender" have a lot to do with the "U.S. debt vigilantes"?
Under the strong pressure of US Treasury yields soaring to 5%, the "Bond vigilantes" successfully "forced a halt" to Trump's tariff policy. Trump admitted: "The bond market is very tricky, I have been monitoring it." Ed Yardeni stated that this is yet another victory for the "Bond vigilantes."
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.
Federal Reserve officials warn that Trump's tariffs may trigger a wave of layoffs.
①President Kashkari of the Minneapolis Federal Reserve Bank expressed concern about the potential economic impact of uncertainty in the USA's long-term trade policy, believing it could lead to large-scale layoffs; ②Kashkari warned that although the number of layoffs has not yet increased, businesses are beginning to plan for potential layoffs that may occur due to the ongoing uncertainty.
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.
Options Market Statistics: Strong AI Data Center Demand Boosts NVIDIA Stock; Options Pop
Wall Street Rallies As Big Tech Powers Gains, Tariff Optimism Lifts Sentiment
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.
Tesla, IBM, ServiceNow, Texas Instruments, Newmont: Biggest Stock Movers
Amazon Bull Piles Onto Call Options Ahead of Earnings : Options Chatter
Though Trump Is Sticking With Powell, He Has Already Damaged the Fed's Independence
US Equity Indexes Extend Gains as Magnificent-7 Stocks Boost Up Technology Sector
S&P/TSX Composite up More Than 100 Points, U.S. Stocks Also Rise
U.S. Labor Market Showed Strength in Q1, but Future Hiring May Slow Vanguard Says
US Economy: Jobless Claims Stable, Durable Goods Orders Surge
U.S. Durable Goods Orders Jump Ahead of Tariff Blitz