President Trump is taking recent stock-market highs as a sign investors approve of his threats to slap tariffs on trading partners—and so far, the markets are proving him right.
Despite the ongoing uncertainties in the market, including geopolitical tensions and tariffs, U.S. equities are bouncing back, showing signs of resilience under current conditions.
"An Israeli attack on Iran poses a top ten of our global risk, but Asian markets are expected to recover quickly as they have relatively limited exposure to the conflict and growing ties to unaffected Saudi Arabia and the UAE."
Intel's warning of 'elevated uncertainty across the industry' impacted its stock, decreasing 6.8% after it provided a disappointing profit forecast despite beating early year earnings expectations.
US equities faced significant losses due to rising inflation worries, particularly indicated by a 0.4% monthly increase in the core Personal Consumption Expenditures Price Index, reflecting deteriorating market sentiment.
