From Yahoo Finance: 2025-04-20 08:30:00

The US Treasury Secretary, Scott Bessent, emphasized the uncertainty surrounding tariff policies, suggesting any stock rallies should be viewed as short-lived. China remains a key player in trade negotiations, with no clear resolution in sight. Deals with up to 130 countries may not be finalized within the 90-day pause period. The Trump administration’s AI chip restrictions have impacted market leaders like Nvidia and AMD, highlighting ongoing policy risks. CEOs face challenges in pricing products amid tariff uncertainty, potentially leading to workforce reductions. Share your thoughts on these issues with @BrianSozzi. 1. The stock market saw a significant increase today, with the S&P 500 reaching a record high of 4,500 points. This surge was driven by strong quarterly earnings reports from major tech companies like Apple and Microsoft, boosting investor confidence in the market.

2. In other news, the unemployment rate fell to 5.4% in July, the lowest it has been since the start of the pandemic. This drop is attributed to an increase in hiring across various industries, particularly in leisure and hospitality, as businesses continue to recover from the effects of COVID-19.

3. Climate activists are calling for urgent action as a new report reveals that global temperatures are on track to rise by 1.5 degrees Celsius within the next two decades. The report warns of catastrophic consequences, such as extreme weather events and rising sea levels, if immediate steps are not taken to reduce carbon emissions.



Read more at Yahoo Finance: Why the latest stock market pullback feels right