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U.S. stocks closed: the S&P 500 Index has risen for six consecutive days as investors anticipate Trump to adjust the tariff policy.
① Amazon was forced to terminate the plan to display the impact of tariffs on commodity pages; ② China Concept Stocks fluctuated, and the Nasdaq China Golden Dragon Index fell by 0.3%; ③ Meta released an independent AI application aiming to create a personalized Asia Vets assistant; ④ Starbucks reported a Q2 revenue of 8.8 billion dollars, below market expectations.
GM, Tesla, Nvidia, Hims & Hers, Ford, JetBlue, Wolfspeed, SoFi, Pfizer: Biggest Stock Movers
Within the first hundred days of Trump's presidency, the number of canceled contracts for small businesses reached a historical high.
With the Trump administration implementing the "Reduction and Integration" plan, the number of small business contractors receiving contract termination notices has surged this year. Since January 20, when Trump was sworn in as president of the USA, more than 1,800 small business contractors have received "Termination for Convenience" notices from civil Institutions, a number far exceeding the average levels of previous years.
Tariffs have sparked widespread public dissatisfaction, forcing Trump to step out of his "comfort zone" and face voters directly.
① As various opinion polls show a rapid decline in Trump's approval ratings, the president of the USA has also ended the behavior pattern of the past three months; ② According to the schedule, he will travel to Michigan for a rally on Tuesday and deliver two graduation speeches in May.
Consumer Confidence Sinks for Fifth Month in a Row to Lowest Since May 2020
U.S. Trade Deficit in Goods Soars to All-time High as Businesses Aimed to Beat Trump Tariffs
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