Tariff shocks and a weak July jobs report triggered an inauspicious start to August, sparking volatility across the equity and bond markets.
Hiring slows in July as downward revisions and rising unemployment rate strengthen the case for a Federal Reserve rate cut.
Move escalates trade tensions between Washington and Ottawa.
Selloff extended as countries hit by new wave of trade levies.
Tech titan will become the second to reach the milestone.
Wealth managers shed some light on the future of solar stocks now that the OBBBA has been enacted.
"The rate-setting committee has set the stage to take action at the next meeting. If economic conditions weaken, the committee will likely cut rates by a quarter point in September," said Jeffrey Roach, chief economist at LPL Financial.
President Donald Trump, Treasury Secretary Scott Bessent, and two Federal Reserve governors have all raised concerns questioning the central bank's leadership.
President Donald Trump hails "way better than expected" economic growth, though underlying signals point to softening demand.
"This report is unlikely to shift the Federal Reserve's stance ... For investors, this reinforces the importance of managing risk and focusing on fundamentals, rather than reacting to headline numbers," said Gina Bolvin, president of Bolvin Wealth Management Group.
Major earnings, interest rates in focus for investors.
At the end of May, the Bluerock Total Income + Real Estate Fund said the net asset value, or NAV, of its Class A and Class C shares, respectively, was $25.74 and $23.71.
Markets appear to be focusing more on data, less on trade possibilities.
Firm’s chief global equity strategist shares insights into state of the market.
Investors await quarterly results from tech giants Microsoft, Meta, Apple, and Amazon, as well as the Federal Reserve's key July rate decision.
Even with greater consensus, it is still unlikely rates will be cut on July 30.
Hopes rising for further softening of trade tensions.
A deal could be a ‘market-clearing event for Chinese stocks’ say strategists.
Trade deals and interest rates high on the agenda for market watchers this week.
Loosening monetary policy and financial regulation increases risk, he says.
