Dow Jones drops 131 points despite blockbuster results from Microsoft and Meta; broader market struggles amid Fed uncertainty and tariff tensions U.S. stocks seesawed Thursday as the S&P 500 and Nasdaq Composite briefly touched intraday records before retreating, weighed down by weakness in broader sectors despite stellar earnings from Microsoft and Meta Platforms. The S&P…
Tag: U.S.-China trade
China’s deflationary pressures persist amid weak demand and auto price wars
Key Takeaway: China’s economy continues to struggle with deflationary pressures due to weak domestic demand and industrial overcapacity. While trade tensions with the U.S. have eased slightly, Beijing may need stronger stimulus measures to revive growth.