Stocks React to Trump Tariffs; PCE Data in Focus
Update: 2025-09-26
Description
Stocks rebound after Trump unveils new tariffs, but economic uncertainty persists! This episode dives into the market's reaction to Trump's latest trade moves, a $14B TikTok deal, and a Federal Reserve governor's fight against removal. We dissect mixed economic signals, including GDP, jobless claims, and the crucial Personal Consumption Expenditures report, to reveal what they mean for potential Federal Reserve rate cuts. Plus, get the global view: Asian pharma stocks plummet amid tariff threats, while oil prices surge on Ukraine's strikes against Russian infrastructure.
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