Wall Street Gains Again as Tariff Cut Talk Lifts Sentiment

🔹 Markets: Dow +0.62%, S&P +0.58%, Nasdaq +1.07%. Early rally on tariff cut reports cooled late session.
🔹 Policy: White House may cut China tariffs from 145% to 50–54%. Retailers already adjusting prices.
🔹 Data: Wholesale inventories +0.4%; NY Fed inflation outlook rises. 30Y Treasury auction weak.
🔹 Canada: BoC warns of housing risk as renewals approach. Toronto home sales -23% y/y; listings +54%.
🔹 Commodities: Oil +3.17% to $59.91 on technical momentum. Gold -4% in 2 days to $3,311 as USD surges.
🔹 Crypto: Bitcoin hit $101.5K before easing. Coinbase to acquire Deribit for $2.9B. OCC clears bank crypto trading.

Fed Rally Pushes Stocks Higher as Powell Stays Cautious

🔹 Markets: All major U.S. indexes ended green—Dow +0.70%, S&P +0.43%, Nasdaq +0.27%. Gains followed the Fed’s steady rate decision and Powell’s cautious tone.
🔹 Tech: Alphabet -7.26% on search traffic concerns tied to Apple’s AI push. Apple slipped -1.14%.
🔹 Fed: Rates held at 4.25–4.50%. Powell flagged ongoing inflation risks and global uncertainty.
🔹 Commodities: Oil climbed to $58.62 on trade optimism. Gold dipped >1% to $3,394 post-Fed pause.
🔹 Crypto: Bitcoin held firm. HYPE +6% on USDe launch momentum. Litecoin testing key breakout zone.

Policy Jitters, Gold Soars, Retail Investors Bet Big

🔹 U.S.: AI chip export bill targets Nvidia. Fed faces stagflation risk. Q2 GDP forecast doubled (2.2%). UBS targets 5,800 S&P.
🔹 Markets: Recession talk resurges on earnings calls. Retail investors pumped $40B into stocks in April.
🔹 Commodities: Gold +$80 to $3,112. Oil +3.43% to $59.09. Silver jumps to $33 on safe-haven flows.
🔹 Crypto: Coinbase slams Fed in new ad, pushing BTC as inflation hedge.
🔹 Europe & Asia: EU eyes $100B in tariffs. China readies new stimulus. Services slow, but travel booms.

Wall Street Extends Rally as Jobs Data Surprises

🔹 U.S. Jobs: April payrolls +177K (vs. 130K est), unemployment steady at 4.2%. Rate cut bets trimmed; 3 now expected.
🔹 Markets: S&P 500 up 1.47% Friday, 9-day win streak. Tech led by Microsoft (+11.08%) & Meta (+9.09%).
🔹 Commodities: Oil -7.5% on week as OPEC+ preps June hike. Gold fell >2.5% to $3,226; ANZ sees buying zone. Silver firmed on weak USD, demand hopes.
🔹 Crypto: Quiet day. Traders waiting for macro clarity.

📈 Wall Street Rally Rolls On, Apple Crushes Earnings, Bitcoin Tops $96K

🔹 U.S. Markets: Stocks rose for the 8th straight session—S&P 500 +0.63%, NASDAQ +1.52%. Microsoft +7.63%, Meta +4.23%.

🔹 Earnings:
• Amazon: Beats on Q1, but weak guidance hit stock -5% AH
• Apple: $95.36B revenue, beats across products, $100B buyback
• Microsoft/Meta: Strong beats continue to lift tech

🔹 Macro: ISM Manufacturing remained below 50 (48.7), signaling contraction. Construction spending fell -0.5% in March.

🔹 Commodities: Gold slid sharply, -$70 amid easing trade fears. Oil rebounded to $58 on Trump’s Iran oil warnings.

🔹 Crypto: BTC above $96K, 85% of supply in profit. ETH steady, DOGE ETF chatter builds.

Market Rebounds on Earnings Strength, GDP Miss Raises Eyebrows

🔹 U.S. Wrap: Stocks reversed early losses to close mixed; Dow rallied +0.35%. Q1 GDP shrank -0.3%, the first contraction in three years. Core PCE held at +2.6% y/y, while personal spending rose +0.7%.

🔹 Earnings Pulse:
• Microsoft & Meta beat big, lifting tech sentiment after-hours
• Visa: Solid quarter, no signs of consumer slowdown
• Pending Home Sales: +6.1%, crushing estimates

🔹 Canada: GDP fell -0.2% in February. Markets watching how PM Carney reshapes U.S. ties after his call with Trump.

🔹 Crypto: Bitcoin steadied near $95K. ETF adoption by major Wall Street firms forecasted by year-end. Ethereum demand holds despite mixed futures sentiment. DOGE ETF filing gains traction.

📈 Markets Climb Again, Bitcoin Steady — Plus: After-Hours Earnings Recap

🔹 U.S. Markets: Stocks advanced across the board — Dow +0.75%, S&P 500 +0.58% (sixth straight gain), Nasdaq +0.55%. Gold fell to $3,313 on softened tariff fears. Dallas Fed Index plunged to -35.8, fueling concern ahead of key data (GDP, NFP, Fed decision).

🔹 Canada: No major data, but focus remains on PM Mark Carney’s trade stance post-election. CAD firmed slightly on cautious optimism.

🔹 Commodities: Crude dropped -2.63% to $60.42 as demand fears resurfaced. Silver traded near $33.30, supported by trade headlines. Gold weakened on lower safe-haven demand.

🔹 Global Markets: Europe mixed; Italy surged +1.09% on auto strength amid tariff hopes. China waived ethane tariffs, but stepped up anti-U.S. rhetoric. ECB rate cut chatter continues.

🔹 Crypto: Bitcoin held near $95K, market cap below $3T. Ethereum proposed a gas limit boost. Monero jumped +50% after a major privacy-linked transaction. Fear & Greed Index at 60.

📈 Markets Mixed, Gold Rises, Bitcoin Breaks $95K

🔹 U.S. Markets: Major indices closed mixed—Dow (+0.28%), S&P 500 (+0.06%), Nasdaq (-0.10%). Heavy earnings week ahead with Apple, Amazon, Meta, Microsoft reporting. Treasury borrowing projections surged to $514B.

🔹 Canada: Markets remained muted amid U.S. earnings focus. Trump stirred political rhetoric with “51st State” comments. CAD weakened slightly against the USD.

🔹 Commodities: Gold rallied to $3,338 on recession fears. Crude oil fell -1.54% to $62.05. European gas prices dropped to a nine-month low. Copper demand surged as Chinese inventories fell sharply.

🔹 Global Update: Eurozone sentiment softened; ECB policy in focus. China affirmed its 5% GDP growth target and pledged stimulus. Japan’s trade talks with the U.S. slowed amid tariff tensions.

🔹 Crypto: Bitcoin cleared $95K, pushing total crypto market cap above $3.1T. Crypto ETFs saw $3.4B inflows. Monero (XMR) spiked 15%, and XRP advanced 3% after SEC approval for futures ETFs.