The stage is set as U.S. economic data and recent political developments create waves across global markets. 💥 The Republican Party’s wins in the White House and Congress are fueling the so-called "Trump Trade" rally, but the real story is in the numbers—stronger-than-expected U.S. retail sales have traders rethinking the pace of Fed rate cuts. 📉
Market Reaction? Stocks are feeling the heat! The S&P 500 drops 2.08%, Nasdaq faces its biggest fall in two months (-3.15%), and the Dow Jones slips by 1.24%. Meanwhile, the U.S. dollar surges as the Fed’s cautious stance fuels a 7-week streak of gains. 🔥💸
What’s next? The spotlight shifts to upcoming economic releases 📅:
U.S. Jobless Claims & Philadelphia Fed Manufacturing Index (Thursday)
Eurozone CPI and U.S. Inflation Data (Friday)
Plus, key speeches from Fed Chair Jerome Powell & ECB President Lagarde 🔊
💡 With gold prices cooling and the tech sector leading the charge, Nvidia’s earnings will be the big one to watch! Are we on the verge of a major AI-driven market shift? 🚀
Hold tight as these developments unfold—what’s your next move? 🤔 Stay tuned for market insights and predictions!
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