Economist Ed Yardeni anticipates ongoing US trade tensions under President Trump, viewing tariffs as a negotiation tool. He notes the US economy’s resilience with strong GDP growth despite a weak labor market. Yardeni also expects a 25 basis point Fed rate cut, with the market watching for dovish or hawkish signals.
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