Trump, Jerome Powell and Wall Street
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The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.
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Free Malaysia Today on MSNWall Street futures edge up as optimism over economy offsets Netflix’s fallAll eyes remain on whether President Donald Trump's tariff measures are starting to ripple through the economy.
Stock futures are slightly higher Friday morning as the market looks to close out the first week of earnings-reporting season on a high note.
A healthy crop of earnings helped European stocks bust out of a four-day losing streak on Thursday, Wall Street was watching Netflix and the dollar bounced after U.S. President Donald Trump quashed talk he was about to fire Fed head Jerome Powell.
1don MSN
Early trading on Wall Street was quietly mixed as markets shift their attention toward a deluge of corporate earnings reports.
The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, tariffs, and Trump-Powell drama.
With the deadline for tariffs now moved to August 1, investors are pinning their hopes on negotiations to stave off an all-out trade war. "Market volatility is likely to pick up, but the latest development does not constitute an escalation in the trade war," UBS analysts said.