May 9th, 2025
Create an account or log in to unlock unlimited access!
Stocks in the U.S. went up a little on Wednesday.
Stock markets went up today. The S&P 500 went up a little. The Dow Jones went up more. The Nasdaq also went up.
Stock markets moved up and down a lot today.
Talks between the US and China will happen. But the US president said he will not lower taxes on Chinese things. China wants the US to lower taxes before talks. This made people less hopeful.
Sometimes prices change a lot. This makes people feel unsure. People bought things from other countries quickly before prices changed. But the Fed says the economy is okay now.
Jerome Powell said the bank can wait to change interest rates.
"We don't know many things," Powell said. He is waiting to see what happens with Trump's trade problems and if the new taxes will be bad, like people think.
This is true because the trade war is changing.
The Fed knows that taxes on goods are making the economy have more problems. These taxes can make it hard to find jobs and make things cost more money.
Powell said if taxes on things from other countries stay high, prices could go up, the economy could grow slower, and more people could lose their jobs.
This is a big problem for the economy.
Big US companies are making more money now than people thought.
Disney's stock went up a lot. They made more money than people thought. They also got many new customers for their online shows.
But companies also say it is hard to know how much money they will have because the economy is not good.
Marvell Technology stock went down 8% because they changed the date of their meeting with people who invest money.
Stock prices went up today.
After the Fed talked, the money rate went down a little. It was 4.30% and now it is 4.27%.
Markets in Europe went down. Markets in Asia went up.
May 9th, 2025
Good news: People in US feel better about money.
USA and Europe: A Trade Fight. What Does the USA Want? What Can Europe Give?
Salesforce Buys Informatica for $8 Billion
Companies in Europe Do Less Business in China
Walmart: Prices Go Up Because of Tariffs
Starbucks Workers Stop Work: New Rules Make Them Angry
Japan's Economy: Sales Go Down. Trade Problem Hurts Japan.
Asian shares: Some up, some down
Trump's Trade Talks: Tariffs Are Confusing
Create an account or log in to continue reading and join the Lingo Times community!