Fed Chair Powell dodged the question on how the institution plans to deal with the DOGE and its demand to access private information but confirmed that the institution will serve people better if it remains independent. Consumer price inflation accelerated in January, supporting the Fed's case of keeping higher rates for longer.

The S&P 500 index and the Nasdaq turned lower after consumer price inflation accelerated in January. The rebound in energy price inflation and the sustained and elevated inflation in shelter costs drove the increase in overall inflation.

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Despite Fed Chair Powell's optimism about the U.S. economy and labor market, investors turned cautious amid worries of rising inflation sparked by Trump tariffs. The European Union said it plans to announce its retaliatory measures after the U.S. slapped tariffs on steel and aluminum products.

Wall Street indexes edged lower, and investors awaited comments from Fed Chair Powell, which could provide additional insights into the policymakers views on appropriate levels of interest rates in 2025.

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Global market indexes extended the previous month's rally amid optimism about corporate earnings. China's inflation reports confirmed weak consumer demand. Indexes in India and Japan faced tariff headwinds.

Wall Street indexes meandered amid waning confidence in the White House, as Trump's tariff threats are rarely followed through.

Wall Street indexes were little changed after nonfarm payrolls increased at a slower pace in January, but wage growth in the month stayed sharply ahead of the Fed's inflation goals.

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Wall Street indexes advanced for the third consecutive day as investors reviewed a batch of positive corporate earnings and updates. The Bank of England lowered its benchmark rate by 25 basis points. German factory orders and eurozone retail sales declined in 2024.

Wall Street indexes extended the rally to the third consecutive session, and investors reacted to updates from leading companies, including Qualcomm, Arm Holdings, Honeywell, and Ford Motor Company.

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The Trump administration's weak resolve to carry out its threat of tariffs has shaken global investors confidence in the newly appointed president and his top staff. Global financial markets are shifting attention away from Trump's hollow proclamations that seem to be increasingly not followed through.

Investors reacted to the latest batch of earnings, including results from AMD, Alphabet, Chipotle Mexican Grill, Uber Technologies, and Walt Disney Co. The Trump administration flip-flopped again on processing parcel deliveries from China after delaying tariffs on Mexico and Canada.

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Wall Street indexes rebounded and extended gains after the Trump administration backed down from its tariff threats. Earnings regained center stage as the busy season of announcements dominated local and regional markets around the globe.

Investors shifted their focus to the latest batch of earnings, and China imposed retaliatory tariffs on U.S. energy products and farm equipment.

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Wall Street indexes pared losses after Mexico rushed additional troops to the U.S. border, and the U.S. delayed tariffs on shipments from Mexico. With confidence shaken in Trump's White House, global markets are likely to remain under pressure in the near future.



U.S. investors sold stocks and market confidence waned in the chaotic Trump administration, after the U.S. imposed stiff tariffs on its three largest trading partners and launched a global trade war.

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