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By Staff Reporters and A.I.
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- Markets: Stocks started off Friday on a high note after a weak jobs report raised hopes that the Fed will cut interest rates this month. But the rally faded as the afternoon wore on, while 10-year bond yields tumbled to their lowest level since April.
- Trade: President Trump said “fairly substantial” tariffs for semi-conductors are coming “very shortly,” but hinted that companies like Apple will be spared. He also clapped back at EU regulators for fines against Google.
- Offbeat commodities: Raw sugar prices hit a two-month low as Brazilian producers churn out more of the sweet stuff, cocoa prices are expected to pop after Cargill paused production in Ivory Coast, and corn hit its highest price since July thanks to strong export demand.
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Filed under: "Ask-an-Advisor", business, finance, Financial Advisor Listings, Funding Basics, Investing, Portfolio Management | Tagged: Alphabet, bonds, Cargill, cocoa, corn, Federal Reserve, FOMC, google, Ivory Coast, stock markets, sugar, Trump | Leave a comment »
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