Summers said China didn't make any consequential or significant change in its policies and that it was the U.S. that made a retreat from its extreme tariff policy.
JPMorgan analysts said President Trump’s "most favored nation" drug pricing order is unlikely to move forward without Congressional support and will likely face legal and industry resistance, limiting its near-term impact on pharma stocks.
Traders are swiping right on volatility, using leveraged ETFs to play quick moves. Palantir's earnings highlight split sentiment in tech. Valuations and growth are under scrutiny.
While bond ETFs have become a staple for investors, their relative market share compared to mutual funds is significantly lower than the market share of equity ETFs compared to their mutual fund peers.
From mid-2025, the crypto market is expected to enter a new bullish cycle, fueled by the effects of the Bitcoin halving and inflows from ETF-related capital. Given that previous bull runs occurred within 12 to 18 months following each of the past three halvings, industry experts and investment firms predict that the next major market rally will begin around mid-2025.
U.S. Treasury Secretary Scott Bessent cited the need to protect the semiconductor, steel, and pharmaceutical industries in the negotiations between the two countries.
This would mean the combined 145% tariffs on Chinese imports will be reduced to 10% by May 14, while the 20% duties related to fentanyl will stay in place.
After announcing a 24% tariff on Japanese imports in early April as part of President Donald Trump’s Liberation Day levies, the U.S. has paused implementation to allow scope for negotiations.
The proposal, citing a "Most Favored Nation Policy," fueled debate prompted some watchers to question the legality and feasibility of the move, while others speculated on its potential market impact.
In this brief market report, we will take a look at the various asset classes, sectors, equity categories, ETFs, and stocks that moved the market higher, as well as the market segments that defied the trend by moving lower.
