Trump, Canada and Mark Carney
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In a wide-ranging interview with NBC News, Trump talked about tariffs, sending Patriot missiles to NATO for Ukraine and how he'll sell his recently passed "big, beautiful bill."
The S&P 500 and Nasdaq composite closed at record highs on Thursday, and ended the week just below those levels.
Falling interest rates and cooling inflation are indeed classic tailwinds for stocks. It makes sense why UBS, for example, told clients this week to position for stronger equity returns in the months ahead despite lingering trade uncertainty.
Canadian Prime Minister Mark Carney said his country would continue to work toward a new trade framework with the U.S.
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.
The stock market and bond market are forecasting different scenarios for the U.S. economy. The former projects optimism — higher equity prices, earnings growth, broad enthusiasm — but the latter sees weakening growth. Apollo chief economist Torsten Slok highlighted this disconnect in research published this week.
The Indonesia Stock Exchange (IDX) has said that United States President Donald Trump’s 32-percent import tariff on Indonesian products is not expected