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Stocks: Markets started the day on a high note thanks to a fifth straight decline in weekly initial jobless claims and surprisingly strong monthly retail sales. The NASDAQ hit its 10th record closing high of 2025 and the S&P 500 hit its ninth high.
Commodities: Lithium prices popped around the globe after the Chinese government ordered domestic producer Zangge Mining to halt operations. Plus, the US is reportedly set to impose 93.5% tariffs on Chinese imports of graphite, a key component.
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Filed under: "Ask-an-Advisor", Alternative Investments, CMP Program, Financial Planning, Investing, Portfolio Management | Tagged: Chinease, CMP, commodities, graphite, jobless claims, Lithium, NASDAQ, retail sales, S&P 500, stocks, tariffs, Zangge Minig |
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