U.S. Tariff Uncertainty, Key Economic Data, and Sh…
From Financial Modeling Prep: 2025-03-11 03:14:26
- President Trump’s tariff policies are causing market uncertainty, with the S&P 500 and Nasdaq sliding. Recent moves include delaying tariffs on Canada and Mexico but increasing them on Chinese goods, leading to fears of an economic slowdown.
- Investors await the February Consumer Price Index (CPI) release, expecting a slight cooling to 2.9% year-over-year. Other key reports include the Job Openings and Labor Turnover Survey (JOLTS) and a consumer sentiment survey.
- House Republicans to vote on a bill to prevent a government shutdown, with $13 billion in cuts and increased defense spending. Senate approval will require bipartisan support.
- Bank of Canada expected to lower borrowing costs following U.S. tariff actions. Focus on how trade policies may impact Canada’s economic outlook.
- Tech earnings reports this week include Oracle, Adobe, and DocuSign. Trump announced Oracle’s $500 billion investment in AI infrastructure. Insights from retailers like Dick’s Sporting Goods and Kohl’s will provide clues on the consumer market.
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