🔥Key events in the coming week, share your trading plans!
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1.Here are the 6 Tigers whose post has the best quality & interaction last Friday: @Mickey082024 @yourcelesttyy @JC888 @orsiri @koolgal @nerdbull1669
Chagee Launches U.S. IPO Despite Market Downturn
MSFT halts Data Centre build. Sell SMCI ?
Dividend Darlings & Glucose Gurus: Why ARCC and DexCom Deserve a Spot in Your Portfolio
2.Here are the stocks mentioned by the above Tigers: $Microsoft(MSFT)$ $SUPER MICRO COMPUTER INC(SMCI)$ $DexCom(DXCM)$ $Ares Capital(ARCC)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins: @輪證贏家 @Shyon @ToNi @Barcode @Mrzorro @過路人
Below are Today's Key Takeaways.
Top News Move the Market
Global Markets Weekly Update
U.S. stocks closed higher after a volatile week in which a slew of trade-related headlines continued to dominate investor sentiment. The week opened with equities sharply lower, extending losses from the prior week, as negative sentiment intensified ahead of Wednesday’s implementation of the Trump administration’s latest round of tariffs. However, on Wednesday, President Donald Trump announced that he was authorizing a 90-day pause on the higher reciprocal tariffs for most countries, effective immediately, to allow time for negotiations. The news sent stocks rocketing higher, with the Nasdaq Composite gaining over 12% and logging its second-best day on record.
Notably, however, the Trump administration excluded China from the 90-day pause, instead announcing several increases to tariffs on Chinese goods throughout the week (up to 145%), while China responded with several increases to levies on U.S. imports (up to 125%). The escalating trade war between the world’s two largest economies—and concerns about the broader impact it could have on global economic growth—appeared to dampen some of Wednesday’s positive sentiment, which led to stocks giving back some gains on Thursday. Once the dust settled, the S&P 500 Index finished up 5.70% for the week, while the Nasdaq Composite closed 7.29% higher. The Russell 2000 Index lagged but still posted 1.82% gains.
The Federal Reserve released minutes from its March policy meeting on Wednesday. According to the minutes, policymakers “generally saw increased downside risks to employment and economic growth and upside risks to inflation while indicating that high uncertainty surrounded their economic outlooks.” Meeting participants also “judged that inflation was likely to be boosted this year by the effects of higher tariffs,” and most members favored a “cautious approach” to monetary policy amid “uncertainty about the net effect of an array of government policies on the economic outlook.”
The week ahead : April 7-11
Earnings Calendar
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- koolgal·04-14Thanks @Daily_Discussion for your wonderful Tiger Coins 😘😘😘Congratulations to all my Dear Tiger Friends who have also won too 🎉🎉🎉LikeReport
- Mrzorro·04-14Thank you, @Daily_Discussion , for the tiger coins.1Report
- ICEsh00ter·04-14Donald Trump to declare new tariffs on semiconductorsLikeReport
- AntonyGeorge·04-14soxs will move up be readyLikeReport
