US Stock Outlook | "ADP Employment Report" falls short of expectations! The three major futures indices show slight gains; boosted by AMD's bullish investment, AI startup ABSI rises over 40% in pre-market trading.
According to informed sources, Trump is considering declaring a national economic emergency to launch a new tariff plan; Federal Reserve Governor Waller: supports further interest rate cuts this year; Federal Reserve's Bostic: inflation will gradually decline, policymakers should remain cautious in their decision-making.
USA Natural Gas Storage -40B Vs -39B Est.; -116B Prior
U.S. Treasury's Yellen Says China-Sponsored Hack Of Treasury Workstations Is Of Tremendous Concern; China Hack Of Treasury Does Not Help U.S.-China Relations; Necessary For U.S., China To Cooperate In Some Areas
SocGen Sees Sign of Bonds Becoming More Attractive to Hold Vs. Stocks
U.S. Treasury Secretary Yellen Says Will Be Important To Keep Irs Modernization On Track; If IRS Funding Is Repealed, Could Be $800B Hit To Deficit; Disappointed That Biden Administration Has Not Been Able To Work With Congress For More Deficit Reduction
U.S. Treasury's Yellen Says Speniding On Covid May Have Contributed A Little Bit To Inflation; Main Factor In Inflation Was Shortages; We Haven't Seen Too Much Progress On Inflation During Past Couple Of Months; Labor Market Has Cooled But Is In Good...