From Yahoo Finance: 2025-05-09 06:55:00

Global markets are concerned about U.S. tariffs impacting China’s economy. Pope Leo XIV hints at his leadership style. U.S. and UK announce limited trade agreement. Macro hedge funds suffer losses. Investors speculate on tariff rollbacks. Wall Street rallies, tech gains boost market. China reports surprising export beat despite U.S. tariffs.

Investors hopeful for tariff rollback amid positive market trends. U.S. and UK trade deal boosts optimism. Wall Street and global markets see gains. Tech sector, China’s export beat contribute to positive outlook. Market volatility continues as investors await U.S.-China talks.

Federal Reserve officials speak post-policy rate hold. President Trump criticizes Fed Chair Powell. Treasury bond auction shows low demand. UK stocks rise after BoE rate cut. Trade deal key parts allow for EU negotiations. Weekend reading suggestions from IIF, Peterson Institute, CEPR, and more.

China’s exports exceed expectations despite U.S. tariffs. Market events to watch include Canada employment report and U.S.-China trade talks. Fed officials and Bank of England speakers scheduled. Corporate earnings reports from Monster Beverage, AMC, Echostar. Ongoing market trends and analysis provided by Reuters.

Read more: Morning Bid: Tariff rollback hopes rising