Markets anticipate a softened tariff regime, influencing inflation and the Federal Reserve’s response. A manageable tariff rate of 10% to 14% is expected, potentially leading to a one-off inflationary impact. Stephen Innes favors gold as the top-performing asset, citing central bank buying driven by de-dollarization and strong Asian demand, anticipating significant gains in the coming years.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major