Us Stocks Set to End Week Down Despite Inflation Data
US stocks inched higher on Friday following a key inflation reading that largely met expectations, providing some relief to investors, but Trump's renewed tariff threats have added to global economic uncertainty. Investors are waiting for the release of the Federal Reserve's preferred inflation gauge as they eye Trump’s latest trade threats. The S&P 500 (^GSPC) climbed 0.6%, while the tech-heavy Nasdaq Composite (^IXIC) rose about 0.7% after suffering a Nvidia-led (NVDA) sell-off on Thursday.
- As markets grapple with increasing uncertainty, it is essential to consider the broader implications of Trump's trade policies on global economic stability and consumer sentiment.
- How will the ongoing trade tensions between the US, China, and EU impact the trajectory of corporate earnings and investor confidence in the coming months?