By A.I.
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Stocks: Markets lost steam late in the trading session yesterday as investors awaited more earnings announcements, with the DJIA tumbling into the red. But the S&P 500 managed to end the day above 6,300 for the first time ever, while the NASDAQ enjoyed its sixth consecutive record close
FOMC: Over the weekend, President Trump disputed reports that Treasury Secretary Scott Bessent talked him out of firing Jerome Powell. Meanwhile, Bessent said that the entire Federal Reserve should be put under review.
Trade: Commerce Secretary Howard Lutnick reiterated that August 1st will be the “hard deadline” for countries to make a deal with the US. Both negotiations and tensions with the EU are ramping up as Trump threatens to slap the bloc with 30% levies.
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Filed under: "Ask-an-Advisor", Alternative Investments, Financial Planning, Investing, Portfolio Management | Tagged: Bessent, DJIA, DOW, EU, Federal Reserve, FOMC, levies, Lutnick, Morning Brew, NASDAQ, Powell, S&P 500, Trump, WSJ | Leave a comment »















