Dollar Bounce Short-Lived As Eyes Turn To Trump’s Trade Salvo - Data Intelligence

Dollar Bounce Short-Lived As Eyes Turn To Trump’s Trade Salvo - Data Intelligence

Dollar’s rebound on upbeat US jobs and services data proved short-lived, as the greenback faded again in early Friday trading. The greenback failed to hold gains amid a broader risk-on tone with both S&P 500 and NASDAQ closed at fresh record highs. Strong employment data gave policymakers room to wait, especially as they assess the fallout from tariffs following the July 9 truce deadline. Futures markets now assign a 95% probability Fed will hol…

3 bearish market veterans explain why the S&P's latest highs could be short-lived | The New York Ledger

Relieved financiers have actually sustained a record-breaking rally for the S&P 500 and are banking on additional gains. They might be left dissatisfied, seasoned market watchers state. The benchmark United States stock index plunged almost 19% to listed below 5,000 points in between February 19 and April 8 as President Donald Trump’s tariff hazards stired worries of a trade war and economic crisis. The S&P has actually rallied about 24% from th…