Yield Shock Pushes Wall Street Deeper into the Red, with Brent Plummeting Sharply After Surpassing $105 – Trump and Xi Extend the Trade Truce by Two Months, but Money Markets Are Already Pricing in Three Fed Rate Hikes – Everpure Ignites a Share Price Surge with a Bold AI Outlook, Cintas Breaks Through the $3 Billion Revenue Mark for the First Time, and MGM Plummets After Diller’s Backtracking – the DAX Holds Above 25,250 Points Thanks to a Strong Ifo Index
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U.S. & MACRO SITUATION Wall Street continues its decline The S&P 500 is down 0.43%, while the tech-heavy Nasdaq 100 has slipped 0.79%, heading for its second consecutive day of losses after hitting a record high earlier this week—its first in months. The Dow Jones is also trading lower. The broader market has thus wiped out its entire monthly gain, with chip stocks bearing the brunt of the decline. Even the renewed euphoria surrounding Meta Platforms’ AI products isn’t enough to turn sentiment around. The focus is on the...
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