Nightly $SPY / $SPX Scenarios for April 10, 2025

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๐Ÿ”ฎ ๐Ÿ”ฎ
๐ŸŒ Market-Moving News ๐ŸŒ:

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“ˆ U.S. Tariff Pause and Increased Tariffs on China: President Donald Trump announced a 90-day pause on tariffs for most trading partners but increased tariffs on Chinese imports to 125%. This move led to a surge in global stock markets, with the S&P 500 rising by 9.5% and the Dow Jones by 7.9%. โ€‹

๐Ÿ‡จ๐Ÿ‡ณ๐Ÿ“ˆ China's Retaliatory Tariffs: In response, China imposed additional tariffs of 84% on U.S. goods, escalating trade tensions and impacting global markets.

๐Ÿ“Š Key Data Releases ๐Ÿ“Š
๐Ÿ“… Thursday, April 10:

๐Ÿ“ˆ Consumer Price Index (CPI) (8:30 AM ET):

Forecast: 0.1%โ€‹
Previous: 0.2%โ€‹

Measures the average change over time in the prices paid by consumers for goods and services, indicating inflation trends. โ€‹

๐Ÿ“‰ Initial Jobless Claims (8:30 AM ET):

Forecast: 219,000โ€‹
Previous: 225,000โ€‹

Reports the number of individuals filing for unemployment benefits for the first time, reflecting labor market conditions. โ€‹

๐Ÿ—ฃ๏ธ Fed Governor Michelle Bowman Testifies to Senate (10:00 AM ET):

Provides insights into the Federal Reserve's perspective on economic conditions and monetary policy.

โš ๏ธ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.โ€‹

๐Ÿ“Œ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis

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