100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments 
US Stock Futures Recover as Iran Signals Progress in Peace Talks 
Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures 
Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
U.S. stocks ended higher on Friday after Federal Reserve Chair Jerome Powell reassured markets that the economy remains strong. However, lingering trade policy uncertainty led to Wall Street’s biggest weekly decline in months.
Powell signaled that the Fed won’t rush to cut interest rates, citing economic stability but also expressing concerns over President Donald Trump’s tariff policies. Market volatility surged throughout the week as investors reacted to trade tensions involving Canada, Mexico, and China.
The S&P 500 suffered its worst weekly loss since September, declining 3.1%, while the Nasdaq fell 3.45% and the Dow dropped 2.37%. The Russell 2000 Small Cap index slid 3.86%. The Nasdaq also confirmed a 10% drop from its December high, marking a technical correction.
Stocks initially dipped on Friday but rebounded following Powell’s remarks. The Dow gained 222.64 points (0.52%) to close at 42,801.72, the S&P 500 added 31.68 points (0.55%) to 5,770.20, and the Nasdaq rose 126.97 points (0.70%) to 18,196.22.
Economic data showed stronger-than-expected job growth in February, though unemployment ticked up to 4.1%, raising concerns about slowing consumer spending. Goldman Sachs and Morgan Stanley revised down their economic growth forecasts, citing weaker consumer activity.
Trump’s temporary four-week tariff reprieve for Canada and Mexico did little to ease market jitters, as new trade barriers with China loom. Hewlett Packard Enterprise (HPE) tumbled 12% due to tariff-related earnings pressure, while Costco (COST) dropped 6% after missing profit expectations. Broadcom (AVGO) surged 8.6% on strong AI-related demand forecasts.
Trading volume hit 16.92 billion shares, exceeding the 20-day average. Declining stocks outnumbered gainers, with the Nasdaq posting 159 new lows versus 28 highs.
