Political noise and soft data are conflicting, but market remains calm

From Investing.com: 2025-07-03 03:17:00

President Trump calls for Fed Chair Powell to resign as FHFA Head calls for investigation. Market remains calm for now, despite potential impact on Fed credibility. Jobs report crucial after weak employment data this week. Market anticipates smooth sailing with implied volatility remaining low. S&P 500 closes at 16, with potential for increased volatility. TSM ADR trading higher due to strengthening dollar and tariff concerns. Bitcoin price surges near all-time high. UK fiscal policy drives global rise in rates. Wingstop stock falls, potentially signaling trend for Nvidia. Repo rates ease, TGA balance may impact Fed’s Quantitative Tightening. No updates next week due to dance competition travel.



Read more at Investing.com: Can Stocks Hold Steady as Political Noise Clashes With Soft Data?