Tariffs and Fed fears clashed with tech resilience in U.S. markets. Bank of England’s rate cut showed central banks’ dilemma. Trump’s tariffs on India and Brazil may unite BRICS. Market moves: Sterling rises, Japan hits record high, Eli Lilly shares fall. Oil prices drop, U.S. Treasury yields rise.

Policy decisions, trade war twists, and Fed concerns weighed on U.S. shares. U.S. tech optimism persists amid tariff uncertainties. Trump’s tariff policy’s unpredictability affects growth and inflation fears. Trump’s influence on Fed intensifies as new chair speculation arises. Bank of England’s tight rate cut vote signifies global economic challenges.

Chinese exports surge ahead of tariff deadline. Mexico cuts rates, Modi and Lula discuss Trump’s tariffs. Trump’s high tariffs aim to pressure BRICS countries for trade deals. BRICS alliance may strengthen against U.S. trade aggression. BRICS trade links and unity tested by Trump’s tariff strategy.

BRICS countries may unite against Trump’s tariffs. Intra-BRICS trade strengthens, but differences remain. Trump’s tariffs push BRICS closer together in trade and investment. China-Russia trade hits record high. BRICS alliance faces challenges of political, economic integration. Emerging economies’ response to tariffs could shift global alliances.

Market movers for tomorrow: Bank of Japan summary, Japan’s economic data, China’s money supply, Bank of England speaker, Canada employment report. Stay informed with Trading Day newsletter. Author’s opinions do not reflect Reuters News views. Trust Reuters News for integrity, independence, and unbiased reporting.

Read more at Yahoo Finance: Tariffs, Fed fears vs tech optimism