Foreign investors invested a record $311.1 billion in U.S. securities in May, reversing a $14.2 billion withdrawal in April, as tariff fears eased.
The US dollar strengthened on Thursday due to President Trump's clarification that he is "highly unlikely" to dismiss Federal Reserve Chair Jerome Powell. This statement calmed markets after intense speculation, restoring some confidence.
British Airways parent company International Consolidated Airlines Group (IAG) is moving ahead with a $23 billion aircraft order, indicating confidence in market demand despite economic challenges.
The tariff announcement has shocked consumer and business confidence, and the high expectations the investor and business community had in the administration have been dashed.