China to host "Anti-US summit" following the Trump-Putin Alaska meeting

8 months ago 37

Bitcoin hits $124k record, Ether nears $4.8k! Fed cuts & Trump's crypto push fuel rally. Risk: high volatility.

Dow rallies 400 pts, S&P 500 hits record high on Fed rate cut bets. Equities surge globally as yields fall.

US Treasury Sec. Bessent: Japan's late monetary tightening impacts yields. Fed should cut rates by 1.5%, starting with 50 bps in Sept.

Nvidia & AMD pay 15% revenue to US on China AI chips. Trump eyes new revenue streams, sparking debate on national security vs. market access.

Goldman Sachs research: Tariffs cost Americans 2/3rds of burden. Trump blasts bank, but data shows price hikes on goods.

Fed rate cut hopes fuel rally! TILE +4.1%, KD & ASGN +3.1%, CBZ +3%, EFX +4.3%. Traders eye lower borrowing costs.

S&P 500 & Nasdaq hit new highs on rate cut hopes! Traders eye continued momentum, but watch for potential pullbacks.

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